2024-6-19 22:07 |
An analyst cited by CryptoQuant theorized that a bottom was in play with the recent market-wide slump.
Similar to Notcoin - Blum - Airdrops In 2024
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Ben Shyong is the Co-Founder of Anzen Finance, a digital asset platform that issues USDz, a Real World Asset (RWA) backed stablecoin.
Data suggest that stablecoin adoption has risen exponentially in the past four years. Circle CEO predicts stablecoins will become widely recognized as legal electronic money globally by 2025.
A steady increase in the circulating supply of stablecoins shows an increasing demand for these assets. It suggests that more traders and investors are preparing to enter the market or facilitating more trading activity.
DAI struggled to maintain its dollar peg, with trading confined within a narrow range of the Bollinger Bands. Mixed indicators signaled ongoing stability struggles, without strong trends pushinThe post DAI struggles to reclaim $1 peg: Will the stablecoin succeed? appeared first on AMBCrypto.
The Bank for International Settlements (BIS) said its recent survey of central banks revealed that 94% of them globally are now engaged in exploring central bank digital currencies (CBDCs) — reflecting a sharp increase in experiments and pilots, especially with wholesale CBDCs.
Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate.