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Nalezeno "A$DC Stablecoin": 3823

Lawmaker: Hong Kong Aiming for Stablecoin Regulations by Mid-2024


Hong Kong lawmaker Duncan Chiu has announced the launch of the second round of consultations aimed at formulating stablecoin issuance guidelines. Speaking on Tuesday, Chiu said he hopes for the city to release regulatory guidelines for stablecoin issuers by mid-2024, as reported by local...

Paypal Launches US Dollar-Denominated Stablecoin PYUSD on Venmo 


On Wednesday, the payment giant Paypal announced that the stablecoin PYUSD is now available on Venmo. Paypal detailed that the stablecoin asset will be available to select Venmo users and fully roll out for all users “in the coming weeks.” Paypal Stablecoin PYUSD Makes Its Way to Venmo...

Polkadot Ecosystem Expands as Circle Introduces Native USDC Stablecoin


Stablecoin issuer Circle has announced the official launch of USDC, the second largest stablecoin by market cap, in the Polkadot Asset Hub parachain.  According to Circle’s public statement on September 19, developers, exchanges, digital wallets, and institutional traders can access the stablecoin...

Circle CEO Jeremy Allaire: Stablecoin Bill Unlikely to Be Signed Into Law


Jeremy Allaire, CEO of Circle, the issuer of USDC, the second-largest stablecoin in the market, has shared his skepticism about the passing of a stablecoin law anytime soon. On Laura Shin’s podcast, Unchained, Allaire explained that, while there is a consensus about the importance...

Stablecoin Ecosystem Holds Firm Despite Lackluster Activity


The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion. Stablecoin Market Shows Resilience...

Transparency Report Reveals Backing for Paypal’s PYUSD Stablecoin


Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like many of today’s stablecoin industry leaders, PYUSD is supported by cash reserves and U.S. Treasury reverse...

Stablecoin Studio is now live on the Hedera Network


Hedera has announced that Stablecoin Studio is now live on its network. This greatly benefits its users, who will now be able to develop, deploy, and oversee the management of stablecoin applications. It will simultaneously accelerate the way in which innovative apps make their way into the market....

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