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Nalezeno "stablecoin": 3976

TRON Shows Signs of Bullish Break-Out as $GFOX Hits $2.3 Million


Exciting news is on the horizon for fans of Justin Sun and $TRX. TRON, the trailblazer in the stablecoin game, is showing signs that it’s ready to break out in a big way. Meanwhile, Galaxy Fox, the rising best upcoming ICO in the memecoin universe, has just hit a jaw-dropping $2.3 million milestone...

Consortium of Nigerian Banks and Fintechs Cleared to Pilot Stablecoin


The Nigerian central bank has given its go-ahead for the Africa Stablecoin Consortium (ASC) to pilot its cNGN stablecoin initiative in the financial regulator’s regulatory sandbox. The ASC asserts that the cNGN stablecoin can prove to be vital not only for the country’s payment rails but...

Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence


Over the past few years, the stablecoin market has significantly slowed, particularly since mid-2022, following the collapse of Terra’s stablecoin. Additionally, last year, the New York Department of Financial Services (NYDFS) instructed Paxos to cease the issuance of BUSD. Beyond these...

TRON continues to hold dominance in the stablecoin landscape


TRON is continuing to hold dominance in stablecoin dominance. The stablecoin managed to stay strong in the second half of 2023 as well.  A new report by Reflexivity Research revealed that stablecoin TVL rose to an all-time high of 48 billion dollars. Out of this amount, USDT makes up for 94%....

Solana outperforms Ethereum and TRON in stablecoin volume


According to the latest Google Search Traffic report, Solana has topped Ethereum based on stablecoin volume. Solana-based USDC has now become the most transacted stablecoin. The stablecoin registered a whopping $103 billion worth of transfers on Solana. A popular Web3 influencer named Degen News...

Hong Kong Regulators Unveil Public Consultation Paper on Stablecoin Regulation


Hong Kong Monetary Authority (HKMA) and Financial Services and the Treasury Bureau have released a public consultation paper to gather residents’ opinions on the proposed regulatory regime for stablecoin issuers. The HKMA also announced the introduction of a sandbox arrangement whose purpose will...

Lawmaker Raises Red Flags Over Hong Kong’s Stablecoin Regulation Proposal


A Hong Kong lawmaker expressed worries that new stablecoin regulations could disrupt crypto markets. Image by mehaniq41, Adobe Stock. Today, Hong Kong’s financial authorities—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA)—unveiled their plan...

Bitrace Report Examines Money Laundering with Stablecoins


Source: iStock/kali9 A recent report by blockchain researcher Bitrace has shed light on the potential use of stablecoins in money laundering activities.  The report, published on December 26 and translated by Wu Blockchain, highlighted two distinct scenarios in which stablecoins, specifically...

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