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Nalezeno "stability": 475

Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability


Binance has made a significant strategic move by converting the entire pool of assets held in its emergency fund for users into USDC (USD Coin), a stablecoin issued by Circle Internet Financial.  The post Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability appeared first...

VeChain: Prioritizing long-term stability for Blockchain success


The discussion of VeChain prioritized long-term gains by opting for sustainable development and regulatory compliance. This approach suggested constant differentiation regarding projects by prioritizing vigor marketing strategies and constantly inflating token values. However, this measured...

Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing


Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens. The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews

US Stability threatened by $426 billion crypto market investigation


A Swiss-based nonprofit organization known as the Ethereum Foundation, which provides the underlying infrastructure for the second-largest digital asset (by market capitalization, $426 billion), asserts that an unidentified regulatory body is conducting an investigation. As per an update on...

Tether CTO Aims Dig At DCG For Doubting USDT’s Resilience


As the crypto industry faced turmoil, Digital Currency Group (DCG) attempted to short Tether (USDT) amidst stability concerns. Tether's CTO, Paolo Ardoino, calls out the move as DCG now faces a lawsuit. The incident highlights the stark contrast between Tether's resilience and DCG's struggles. The...

FSB To Focus on Asset Tokenization and AI, Chair Says


In a letter dated February 20 and released February 26, Knot told G20 finance ministers and central bankers that the global financial stability outlook “remains challenging.” The post FSB To Focus on Asset Tokenization and AI, Chair Says appeared first on Cryptonews

New Zealand Central Bank Governor Issues Warning Against Stablecoins


New Zealand’s central bank governor, Adrian Orr, raised concerns about the stability of cryptocurrencies, particularly stablecoins, during a parliamentary committee meeting on Monday. He criticized these tokens as “misnomers” and “oxymorons,” highlighting their...

US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps


Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of the digital asset markets,” the lawmakers detailed...

US Treasury Secretary Yellen Highlights Crypto Risks, Urges Legislation


U.S. Treasury Secretary Janet Yellen, leading the Financial Stability Oversight Council, addressed lawmakers about the risks cryptocurrencies pose to the U.S. financial system and called for regulations. During the presentation to the House Financial Services Committee, Yellen detailed concerns...

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