Stablecoin

Stablecoin supply has decreased every month from UST's demise in May 2023.The stablecoin market is an excellent place to begin when attempting to summarize the previous several years in the cryptocurrency industry.Total stablecoin…
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There is growing anxiety on both sides of the aisle that tech mogul Elon Musk may enter the stablecoin industry, according to recent conversations in Congress.The House Committee on Financial Services has expressed concern that the…
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The volume of stablecoin transfers decreased by 19.2% in the week leading up to Sunday. According to data from Dune, BUSD has led to a decline in volume.The decline was fueled by a 353.3% weekly decline in BUSD usage on Binance. This…
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Institutional investors who have passed Societe Generale's Know Your Customer and Anti-Money Laundering (AML) requirements are the only ones who may purchase the EURCV stablecoin.EUR CoinVertible, a euro-pegged stablecoin, has been…
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According to a report by the Australian Financial Review (AFR), the National Australia Bank (NAB), one of the four largest Australian banks, has devised a stablecoin dubbed AUDN, which it plans to introduce in the middle of 2023.NAB…
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Stablecoins backed only by other digital assets generated by their issuers will face a two-year restriction on new issuances, with a two-year grace period for existing stablecoins to get clearance after altering their business model.…
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The global stablecoin supply decreased by 18.8 percent at the end of the second quarter of 2022. Equities markets and risk assets encountered unstable times owing to increasing inflation and other macro issues.Stablecoins are digital…
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If there is a global recession or if inflation continues to climb, crypto adoption in nations with weak currencies might increase.Cryptoassets may be volatile, but as alternatives to unstable fiat currencies, they have received…
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With the use of the Stellar blockchain, the payment provider will be able to settle USDC payments with MoneyGram in "near real-time."Inbound and outbound transfer services On Friday, MoneyGram finally opened its stablecoin-powered…
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Stablecoins now have a clear legal position in Japan, according to new laws enacted by the country's government. Stable crypto assets must also be able to be redeemed at face value by any company that provides them.Stablecoins are now…
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