Stablecoins are useful, but crypto still has a simple payment problem: users do not want to think about gas. BNB Chain’s push …
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Tag:
Stablecoin
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Markets
Paxos Singapore Stablecoin Push Shows Yield Products Are Moving Into Regulated Wrappers
by shayaanby shayaanStablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move …
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Markets
Paxos BUSD Case Closure Gives Stablecoin Issuers A Rare Regulatory Relief Signal
by shayaanby shayaanPaxos says the SEC has ended its investigation into BUSD without recommending an enforcement action, giving the stablecoin sector a rare piece …
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Finance
Total Stablecoin Cap Falls $1.9 Billion This Week While Sky Dollar Leads the Slide
by shayaanby shayaanThe total stablecoin market cap sits at $311.311 billion, down 0.61% over the past seven days, a drop of $1.911 billion, according …
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Markets
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
by shayaanby shayaanAs Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month. www.coindesk.com
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The UK’s crypto rulebook is starting to look more real, and stablecoin issuers now have a clearer idea of what they are …
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Web3
Crossmint Secures Payment Institution and MiCA Authorization, Completing a Full-Stack EU Regulatory Stack for Stablecoin Payments
by shayaanby shayaanWith Autho izatio as a C ypto-Asset Se vice P ovide U de MiCA a d Payme t I stitutio U de …
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Adoption
Korean Companies Deny Joining Open USD Alliance, Exposing Stablecoin Transparency Gap
by shayaanby shayaanA stablecoin alliance that advertised Samsung Electronics, Dunamu, KakaoBank, Hyundai Card, KB Kookmin Card, and Samsung Card as members ran into a …
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Regulation
Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail
by shayaanby shayaanOpen Standard’s Open USD is trying to make the stablecoin yield fight about distribution before the token is live. The company announced …
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Markets
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
by shayaanby shayaanA7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token’s volumes have fallen sharply this …