Tag: Stablecoin

Binance launches yield-bearing stablecoin BFUSD with roughly 20% APY

Binance has launched BFUSD, a yield-bearing stablecoin for futures and perpetuals merchants, in line with a Nov. 18 announcement.BFUSD supplies an annual share yield (APY) of roughly 19.55%, permitting customers to earn every...

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...

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