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Nalezeno "stablecoin": 3979

Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion


On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached...

Japanese Stablecoin Ban Lifted, Banks Prepare Move


Japanese firms can now issue stablecoins, after a long-awaited piece of legislation came into effect today. The revised Payment Services Act was promulgated at midnight on June 1, 2023. Under the terms of the act, all token-issuing firms must be able to prove they have the underlying assets that...

Trust Reserve Stablecoin Team Detained in China: PANews


A Trust Reserve stablecoin team was detained by police in China on May 29, according to PANews.  The news outlet reported that the team “had been taken away by the police and detained, and the family members of some employees had been notified.” The office in Shanghai was vacant and had a seal...

Tether Plans Bitcoin Mining in Uruguay


Tether is launching bitcoin mining in Uruguay.  Tether, the company behind the largest stablecoin by market cap, said the move “showcases” its commitment to energy innovation and the future of crypto, in an announcement on Tuesday. ... Read More: Tether Plans Bitcoin Mining in Uruguay

Stably to deliver USD-supported stablecoin Stably USD


Stably, which is a top stablecoin as a service (SCaaS) and flat on-and-off framework provider in terms of Web3 projects, is coming out with its USD-supported stablecoin going by the name of Stably USD. It will be playing the role of a conventionally released BRC20 token having the symbol of #USD....

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