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Ethena Labs Unveils $50m Deposit Opportunity for USDe
Ethena Labs has unveiled a groundbreaking opportunity for users: the introduction of a $50 million deposit option for USDe. This move signals a significant development within the Ethena ecosystem,...
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Circle Ends USDC Support on Tron Blockchain Amid Risk Management
On Tuesday, February 20th, Circle, the second-largest stablecoin operator, made the decision to discontinue its support for the USDC stablecoin on the Tron blockchain. However, this transition will not...
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USDC Stablecoin Growth with Circle and Coincheck Deal in Japan
In Japan, the response to the burgeoning stablecoin sector has been proactive and regulatory in nature. The nation has instituted a new regulatory framework specifically for “Electronic Payment...
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Global Stablecoins: FSI Execs Reveal Blueprint For GSC Supervision
The Financial Stability Institute (FSI) recently released a comprehensive framework for the supervision of global stablecoins (GSCs). The recommendations by key executives of the FSI aim to address the...
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Conflux Network Announces First Hong Kong Dollar-Backed Stablecoin
Conflux Network, which claims to be the only regulatory-compliant, public, and permissionless Layer-1 blockchain in China, on Friday announced its role in launching Hong Kong’s first Hong Kong...
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USDT & USDC Earn Up To 30% Interest On Compound, Are Big Players Involved?
ShapeShift CEO and Founder Eric Voorhees recently raised concerns about the decentralized finance (DeFi) arena by pointing out the extraordinary returns being generated by stablecoins such as Tether...
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Tether Announces USDT Launch on EVM-Compatible Celo
Tether, the operator behind the leading stablecoin USDT, has announced its expansion onto the Celo blockchain. This partnership brings up USDT in to an Ethereum Virtual Machine (EVM)-compatible layer 1...
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Robinhood Stock Rallies 12% As EU Wing Announces USDC Listing
Robinhood’s Europe wing has listed USD Coin (USDC) on its platform recently, expanding its offerings to over 25 cryptocurrencies. In addition, the crypto exchange has rolled out a program for USDC...
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Coinbase Doubles Down On USDC Stablecoin Payments And Ads
To boost the adoption of cryptocurrencies in everyday transactions, Coinbase, a popular crypto exchange, has initiated a move. Coinbase entered into a partnership with Compass Coffee, a prominent...
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Japan Bank Launches First Deposit-Backed Stablecoin ‘Tochika’
Japanese regional bank Hokkoku has made waves by becoming the first in Japan to introduce a stablecoin backed by bank deposits. The development has left Japanese crypto enthusiasts wondering about the...
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Ripple CEO Brad Garlinghouse Unveils Reasons Behind Stablecoin; XRP Price Soars
Brad Garlinghouse, CEO of Ripple, has stated the reasons that prompted the company to enter the stablecoin market after the company announced its intent to introduce a U.S. dollar-based stablecoin....
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Paypal USD (PYUSD) Deployed As Funding Option On Xoom
Xoom, PayPal’s cross-border money transfer service has launched a new funding option that will allow U.S. users to finance international transfers using PayPal USD (PYUSD), its dedicated stablecoin...
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XRP Analyst Dispels Concerns Over Ripple Stablecoin Impact
In response to the Ripple’s proposal of issuing a stablecoin, backed by USD, on the XRP Ledger (XRPL) and Ethereum networks, a storm of speculating has started in the cryptocurrency community. But the...
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Zimbabwe Replaces Local Dollar with Gold-Backed ZiG
Zimbabwe has replaced its faltering local dollar with a new gold-backed currency, named the Zimbabwe Gold (ZiG). This move, instigated by the administration of the President Emmerson Mnangagwa,...
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XRP Lawyer John Deaton Bashes Senator Elizabeth Warren For Anti-Stablecoin...
In a scathing rebuke, XRP lawyer John Deaton lashed out at Senator Elizabeth Warren for her recent letter to Treasury Secretary Janet Yellen. The letter highlighted concerns over stablecoins and their...
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Tether Broadens Services Beyond Stablecoins: Here’s Everything
Tether, the stablecoin giant, recently made a noteworthy announcement concerning its future operations, echoing a bustle across the cryptocurrency space. In its official statement released today, April...
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Coin Center Asserts Stablecoin Bill Threatens Free Speech Rights
The digital currency advocacy group Coin Center has strongly opposed the Lummis-Gillibrand Payment Stablecoin Act, saying it ‘would impermissibly infringe upon constitutional rights.’ The bipartisan...
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Just In: BRICS Countries Mulls Stablecoin For Trade Settlement
In a bid to create an alternative to the use of the United States dollar for cross-border remittances and trade, member countries of the BRICS consortium are considering implementing a stablecoin....
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Tether CEO Teases Beta Launch Of “Super Customizable” Tokenization Platform
Paulo Ardoino, CEO of Tether, issuer of USDT stablecoin, recently took to social media to unveil impeccable details about the forthcoming digital asset tokenization platform. In addition, Ardoino...
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Visa Crypto Unit Launches Stablecoin Analytics Dashboard
The stablecoin ecosystem is receiving lots of attention this season and this has moved the crypto arm of popular financial service provider Visa to launch a platform dubbed Visa Onchain Analytics...
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