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Stablecoin GUSD’s Supply Jumps Close to 130% Higher in 30 Days


While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% during the last 30 days. GUSD Sees Supply Balloon...

RBI declares its pilot project of Digital Rupee with CBDC


In October 2022, the Reserve Bank of India issued an official concept note to Central Bank Digital Currency (CBDC) regarding tips and guidelines for creating the intended digital currency. The prime purpose of this concept note was to serve both the wholesale and retail sectors in terms...

Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency


The central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better...

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