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Nalezeno "stablecoin": 3929

Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium


Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a budget debate that could derail the federal...

Understanding Tether: The stablecoin powering the crypto ecosystem


The crypto market is full of various prominent cryptocurrencies, such as Bitcoin, Ethereum, Dogecoin, etc., with burgeoning popularity and demand today. However, one digital crypto coin that has emerged as a prominent contender in terms of unique stability and utility is Tether. Riding high...

Hong Kong Looks to Curb Retail Stablecoin Trading Amid Crypto Adoption


Hong Kong is considering measures to restrict retail stablecoin trading for individual investors in response to the increasing adoption of cryptocurrencies, as stated by a local official. It is important to note that retail stablecoin trading is currently not permitted in Hong Kong.... Read More:...

Spotlight on Ripple’s Elite: Unveiling the Top 10 XRP Wallets 


In September, our newsroom unveiled a series spotlighting the premier ten wallets from platforms such as Bitcoin, Ethereum, and the stablecoin project Tether. Here’s an in-depth glance at the elite ten XRP wallets highlighted in XRP’s rich list of prominent addresses. The Top 10...

Dirham-Inspired DRAM Stablecoin Listed on Uniswap, PancakeSwap


Swiss-based blockchain firm Distributed Technologies Resources (DTR) has announced the launch of a Dirham-backed stablecoin, DRAM. The token launched today, October 3, 2023. According to founder Akshay Naheta, who served as a SoftBank executive once in his career, the tokenized fiat equivalent...

Despite Government Shutdown Worries, Stablecoin Legislation Pushed by McHenry


The US House of Representatives’ Financial Services Committee Chair Patrick McHenry on Friday reaffirmed his commitment to regulating stablecoins, despite a potential government shutdown looming at the time. Speaking at a forum organized by stablecoin issuer Circle in New York, McHenry stated that...

Stablecoin Economy Sheds $1.52 Billion in September, Revisiting a 2-Year Low


Drawing from the latest figures, the stablecoin economy saw a notable $1.52 billion in redemptions unfold from September 1 through September 30, 2023. Within the top ten standings, two stablecoins notably bore the brunt of these redemptions: FRAX and BUSD. The two assets saw their supplies erode...

Paypal Selects Crypto.com as ‘Preferred Exchange’ for PYUSD Stablecoin


Paypal has chosen Crypto.com as the “preferred exchange” for its recently launched stablecoin issued by the blockchain company Paxos. The partnership with the trading platform seeks to prop the U.S. dollar-pegged cryptocurrency which has already listed the coin and provides liquidity for...

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