Tag: Stablecoin
DMM Group and Progmat Collaborate to Create a Regulated Stablecoin
Digital asset platform Progmat and DMM, a Japanese leisure big, are collaborating to create a brand new stablecoin on the Progmat Coin platform. The stablecoin shall be used inside the Seamoon Protocol, a...
BRICS Pushes Ahead: Russia to Launch Yuan-Linked Stablecoin in Response to US Sanctions | by DXM-Investments | The Darkish Aspect | Aug, 2024
Russia has unveiled plans to launch two state-linked cryptocurrency exchanges as a part of a broader technique to beat the financial challenges posed by US sanctions. These exchanges, based mostly in Moscow and...
Bitcoin Value Set To Surge With $2.5 Billion Stablecoin Inflows
An inflow of $2.5 billion in stablecoins is anticipated to doubtlessly drive a major surge within the Bitcoin value, as detailed in a brand new report by Markus Thielen, a market researcher at...
Hong Kong’s ZA Financial institution Targets Stablecoin Issuers
Hong Kong's digital lender ZA Financial institution is embracing
digital finance by participating potential stablecoin issuers to determine fiat
reserve accounts. This initiative marks a big step in direction of integrating digital property into the...
Binance’s BUSD loses high 5 stablecoin spot as provide dips underneath 1B
Binance USD (BUSD) slipped out of the highest 5 stablecoins by market capitalization over the weekend after its circulating provide dipped underneath 1 billion, its lowest level since Dec. 2020.Knowledge from CryptoSlate reveals...
Nigeria’s Central Financial institution Approves cNGN Stablecoin Launch
The Central Financial institution of Nigeria has granted the Africa Stablecoin Consortium (ASC) approval to introduce Compliant Nigerian naira stableCoin (cNGN) inside its regulatory sandbox. This marks a pivotal second within the...
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