Aave CEO Stani Kulechov has announced that Bitwise has been named the official asset issuer for Aave Horizon, a new institutional-focused lending …
Issuer
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Markets
UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks
by shayaanby shayaanBritain applied banking-style sanctions to crypto exchanges for the first time, requiring U.K. financial firms to freeze funds and trace transactions. www.coindesk.com
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In brief Arc is a blockchain built by USDC issuer Circle for stablecoin-focused applications. It uses USDC for gas, features a built-in …
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Smart Contracts
USDC Stablecoin Issuer Circle Unveils New Token to Give Bitcoin More Utility
by shayaanby shayaanIn short Circle launches cirBTC, a packaged Bitcoin alternative designed to unlock Bitcoin utility for institutions and investors. The token will first …
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Digital asset company New Frontier Labs has partnered with BitGo Bank & Trust National Association, the entity that crypto infrastructure company BitGo …
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With billions in excess reserves, Tether now wants to accelerate its expansion into sectors beyond crypto, a report reveals. Tether (USDT), the …
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The United States exchange-traded fund sector has become a Doge-eat-Doge world in recent weeks, with several asset managers clamoring to launch spot …
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Analysis
Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024
by shayaanby shayaanAn independent audit reveals that stablecoin issuer Tether (USDT) had billions of dollars of excess reserves at the end of last year. …
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Finance
Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer
by shayaanby shayaanCircle, the crypto company behind the $48 billion USDC stablecoin, said Tuesday it has acquired tokenized real-world asset (RWA) issuer Hashnote. The …
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Markets
Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access
by shayaanby shayaanPaxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland. www.coindesk.com