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Nalezeno "us stablecoin": 3830

Landmark Report: Canadian Lawmakers Advocate for Comprehensive Blockchain Strategy

29.6.2023
Canadian lawmakers' recent report has recognized blockchain, crypto, and mining as innovative industries with "significant, long-term" potential, in need of better regulation. In September last year, the Canadian House of Commons Parliamentary Standing Committee on Industry and Technology (INDU)...

Italy’s central bank calls for framework to prevent stablecoin runs

29.6.2023
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”

RBI lists risks of stablecoin for developing economies, calls for global regulation

29.6.2023
The Reserve Bank of India listed six specific ways stablecoin can undermine emerging markets, adding to its mounting case against crypto

Paxos and MercadoLibre partner up to bring USDP to Mexico

28.6.2023
The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users

Russians Turned to Tether During Wagner Revolt

27.6.2023
Russian citizens sought refuge in tether amid the brief mutiny of the Wagner mercenary group that shook their country. The ruble-denominated trading volume of the U.S. dollar-pegged stablecoin spiked during the short-lived rebellion, market data revealed. Russians Traded Millions of Dollars’...

TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says

27.6.2023
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust

Stablecoin Issuer Circle Keeping an Eye on Hong Kong's Crypto Policies Amid Asian Market Focus

27.6.2023
US-based stablecoin issuer Circle is closely monitoring Hong Kong’s crypto policies as the government pushes for a friendly regulatory framework. Hong Kong is looking to establish itself as a major hub for stablecoins and digital assets markets, Circle CEO Jeremy Allaire said in a recent...

Circle CEO Jeremy Allaire: ‘Other Governments Are Regulating Digital Dollars Before the US’

26.6.2023
Jeremy Allaire, CEO of Circle, the company behind the issuance of usd coin (USDC), has expressed his worries about the state of stablecoin regulation in the U.S. In a congressional hearing, Allaire stated that other governments were already regulating the issuance of digital dollars (dollar-backed...

Terra Allies' Six Samurai team aims to revive the ecosystem

25.6.2023
The Terra Allies senior engineering full stack team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as LUNC holders

Trader takes $4m short position on TrueUSD as issuer halts mints and redemptions

24.6.2023
An Ethereum user used Aave's V2 lending platform by depositing 7.5 million USDC as collateral

Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars

23.6.2023
The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers...

TrueUSD assures users it has no exposure to troubled Prime Trust

22.6.2023
Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust

Binance Introduces Zero Maker Fees for TUSD Trading Pairs – The Next Tether Stablecoin?

22.6.2023
Crypto exchange giant Binance has announced a new zero-maker fee promotion for stablecoin TUSD. Starting from 30th June, the promotional offer covers both spot and margin trading for TrueUSD. The zero trading fee promotion for USD stablecoin applies to all existing and new USD stablecoin pairs...

TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

22.6.2023
Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD

Stablecoin protocol Reserve to fund $20 million

22.6.2023
Stablecoin Protocol Reserve is on the verge of carrying out funding, amounting to $20 million, with regard to the governance tokens of yield framing-related applications. These include Curve (CRV), as well as Convex (CVX), and also Stake DAO (SDT). The funding will go towards the heightening of...

Federal Reserve Chairman Says Crypto Appears to Have Staying Power in US Economy

22.6.2023
Federal Reserve Chairman Jerome Powell has acknowledged that cryptocurrency appears to have staying power as an asset class in the U.S. economy. In addition, he stated that the central bank views payment stablecoins as a form of money, emphasizing that it would be appropriate to have a robust...