Hong Kong-based First Digital launches new USD-backed stablecoin

First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said. All reserves will be held in segregated accounts at regulated financial institutions. дальше »

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Circle And Arbitrum Launch Native USDC: What You Need To Know

Circle, a leading digital currency company, has launched a new version of its USDC stablecoin on the Arbitrum network. The new native version of USDC is set to replace the Ethereum-bridged version of USDC that has been circulating until now and is expected to provide a range of benefits for users and ecosystem partners. The […] дальше »

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MakerDAO votes to drop Pax Dollar (USDP) stablecoin from its reserves

The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves. Maker’s treasury holds roughly half of the USDP’s $1 billion supply. New York state regulators in February forced Paxos to halt minting Binance USD (BUSD) stablecoin. дальше »

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Tether’s market cap surges to new all-time high, reaching record levels

Tether (USDT), the stablecoin pegged to the U.S. dollar, has reached an all-time high (ATH) market capitalization exceeding $83 billion, demonstrating its continued market dominance. дальше »

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Circle to launch USDC natively on Arbitrum

USDC natively issued by Circle will become the official version of the stablecoin on Arbitrum. The company expects native USDC to gradually replace “bridged USDC” liquidity from Ethereum. дальше »

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Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin

The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation. дальше »

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Circle to launch ‘official version’ of USDC natively on Arbitrum

USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network. дальше »

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Crypto Gets Oily: Olive Oil Company Issued Euro Stablecoin Bond on Obligate

French agricultural firm Lamar Olive Oil has successfully issued an on-chain bond on the Switzerland-based DeFi platform Obligate, marking a notable development in business financing models using crypto: At @obligatecom... дальше »

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Tether sets new all-time high amid increased demand for financial freedom

Tether has surpassed its previous all-time market cap high of $83. 2B set in May 2022. Tether’s fortunes are pegged on the performance of its first stablecoin, the USDT which is currently the most used stablecoin around the world. дальше »

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MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets

The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply. дальше »

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Tether’s USDT Market Cap Surpasses All-Time High Of $83.2 Billion Amid Surging Crypto Adoption

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USDC Stablecoin Launches Natively on Arbitrum (ARB)

Second largest stablecoin rolls up its native version on dominant Ethereum (ETH) scaler дальше »

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First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move

Coinspeaker First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move FDUSD will not be used in Hong Kong until its stablecoin regulations are fully in place. First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move дальше »

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First Digital unveils Hong Kong-based USD stablecoin

Hong Kong-based trust company First Digital is set to introduce a new stablecoin, "First Digital USD" (FDUSD), which will be pegged to the US dollar and regulated in Asia. дальше »

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Tether (USDT) Hit New Market Cap ATH as Adoption Grows

Coinspeaker Tether (USDT) Hit New Market Cap ATH as Adoption Grows USDT has become the most traded stablecoin, especially after the de-pegging of Circle's USD Coin (USDC) earlier this year. дальше »

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Tether’s USDT sets new all-time high in spite of regulatory concerns

The market capitalization of Tether’s USDT has surpassed the previous all-time high of $83. 2 billion, according to a June 1 statement from the stablecoin issuer. Data from DeFillama showed that around half of USDT’s circulating supply, 42. дальше »

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Tether Successfully Recovers $20 Billlion in Losses, Here's How

Tether's dominance on stablecoin market is growing дальше »

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First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

The stablecoin is issued by a registered trust owned by First Digital. дальше »

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USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment

The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay. дальше »

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Chinese Stablecoin Staff Arrested in Hong Kong

Authorities arrest a cross-border payment stablecoin team in Hong Kong before crypto regulations come into force. The post Chinese Stablecoin Staff Arrested in Hong Kong appeared first on BeInCrypto. дальше »

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TUSD’s volume might go over the roof, thanks to Binance

The exchange communicates details about new TUSD pairs. The stablecoin’s exchange supply flatlined despite the increasing volume. In a 30 May official statement, Binance disclosed that TruThe post TUSD’s volume might go over the roof, thanks to Binance appeared first on AMBCrypto. дальше »

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Stablecoin Issuer Tether To Begin Bitcoin Mining Operations In Uruguay

The company behind the most widely used U.S. dollar stablecoin is set to enter the mining industry through collaborations in Uruguay. дальше »

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USDT Issuer Tether Invests in Green Bitcoin (BTC) Mining in Uruguay

Tether Limited, cryptocurrency heavyweight behind largest stablecoin USDT, announces it is joining Bitcoin (BTC) mining segment дальше »

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Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay

Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure. дальше »

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The End of Tether? Why A Structural Shift In The Market Spells Trouble For USDT

Tether (USDT) is the largest stablecoin in the market, with a market capitalization of over $86 billion as of May 2023. Despite the concerns about the current state of the cryptocurrency market, Tether has continued to dominate the stablecoin space, with its supply growing significantly since the beginning of 2023. дальше »

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How DAI seeks growth amidst rising stablecoin competition

DAI struggled to compete with USDC and USDT despite being the largest stablecoin backed by a DAO. MakerDAO faces declining revenue and negative sentiment. According to 28 May's data from TokThe post How DAI seeks growth amidst rising stablecoin competition appeared first on AMBCrypto. дальше »

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Tether (USDT) Stablecoin Market Dominance Rises as USDC Declines amid Global Economic Woes

Coinspeaker Tether (USDT) Stablecoin Market Dominance Rises as USDC Declines amid Global Economic Woes Tether USDT recently announced that it will regularly allocate up to 15 percent of its net realized operating profits towards purchasing Bitcoin as a reserve currency. дальше »

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Stablecoin Market Cap Drops as Trading Volume Slows Down

The total market cap for stablecoins has fallen to its lowest levels since September 2021, according to CCData. The post Stablecoin Market Cap Drops as Trading Volume Slows Down appeared first on BeInCrypto. дальше »

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Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD. дальше »

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After Ethereum, stablecoin EUROC set to enter Avalanche's fold

Avalanche became the second home for EUROC after Ethereum. EUROC's push could be part of the company's long-term vision to tap into the European market. Stablecoin issuer Circle announced thThe post After Ethereum, stablecoin EUROC set to enter Avalanche's fold appeared first on AMBCrypto. дальше »

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Circle launches Euro Coin on Avalanche

Circle, the digital fintech firm most famous as the issuer of the USDC stablecoin and, more recently, Euro Coin, has unveiled the launch of Euro Coin on the Avalanche blockchain.   Circle anticipates the launch to be the first of many multi-chain launches for its reportedly fully-backed euro-denominated stablecoin. дальше »

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Stablecoin Issuer Lybra Finance Nears $100M in TVL

Lybra Finance was launched last month and uses liquid staking derivatives to offer an interesting-bearing stablecoin. дальше »

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Circle Launches Euro Coin on Avalanche: Expanding Stablecoin Support Beyond Ethereum

Circle, a well-known stablecoin issuer, has released the Euro Coin on the Avalanche network, marking a huge extension beyond its Ethereum basis, in a bold move intended to increase stablecoin accessibility. дальше »

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Bitcoin to launch its first USD-pegged stablecoin, details here

A total of 24,677 BRC-20 tokens minted with a market cap of $447 million. The total number of Ordinals inscriptions broke past 9 million at the time of writing. May of 2023 proved to be a reThe post Bitcoin to launch its first USD-pegged stablecoin, details here appeared first on AMBCrypto. дальше »

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USDC Issuer Circle Launches EUROC Stablecoin on Avalanche Network

Circle, the issuer of the USDC stablecoin, has launched a Euro-based stablecoin called EUROC on the Avalanche Network. The post USDC Issuer Circle Launches EUROC Stablecoin on Avalanche Network appeared first on BeInCrypto. дальше »

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Stably Introduces #USD As The First BRC20 Stablecoin On Bitcoin

Stably, a venture-backed Fintech from Seattle, is keen to announce the launch of its native stablecoin, Stably USD. Stably USD is a BRC20 token under the symbol #USD. The stablecoin is created through Bitcoin ordinals protocols introduced in January 2023 following the Taproot upgrade. дальше »

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Circle CEO says that AI bots are transacting USDC, creating wallets

Circle CEO Jeremy Allaire said May 25 that artificial intelligence (AI) bots are engaging with his company’s USDC stablecoin. AI and blockchain are a match Allaire wrote on Twitter: “[Artificial intelligence] and Blockchains are made for each other… We are already hearing about AI Bots spinning up on-chain wallets and using USDC. дальше »

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CoinDesk at 10: The Ghost of Libra Lives On

Facebook’s ambitious 2019 stablecoin project never went live. But it sure left a lasting impression. This feature is part of our CoinDesk Turns 10 series looking at the biggest stories in crypto history. дальше »

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Bitcoin Network’s First-Ever BRC20 Stablecoin Launched: Stably USD

Stably, a Stablecoin-as-a-Service (SCaaS) provider and fiat on/off-ramp infrastructure provider for Web3 projects founded in 2018, has launched stablecoin Stably USD (#USD) as a BRC20 token. This move by Stably... дальше »

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Euro coin (EUROC) now live on the Avalanche blockchain

Stablecoin issuer Circle has introduced euro coin (EUROC) on the Avalanche network, marking the second blockchain to support the asset. EUROC, backed by the euro at a 1-1 ratio, offers developers another avenue to serve users through integration into decentralized applications (dApps).. дальше »

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Stably introduces #USD, the first Bitcoin network stablecoin

Stablecoin-as-a-Service (SCaaS) provider Stably has unveiled Stably USD (#USD), the first stablecoin operating on the Bitcoin network, according to a May 25 press release. The move introduces #USD as a native BRC20 token to the Bitcoin blockchain. дальше »

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Stably USD stablecoin enters bitcoin’s on-chain economy

To facilitate efficient trading within bitcoin's (BTC) evolving on-chain economy, crypto startup Stably has introduced Stably USD, a new dollar-backed stablecoin. дальше »

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Circle launches its euro-backed stablecoin on Avalanche

The euro-backed stablecoin will bring more liquidity to the Avalanche network, Circle said in a press release. Developers using USDC can now easily integrate Euro Coin. Wallets that support Euro Coin on Avalanche include Coinbase Wallet and MetaMask. дальше »

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Euro Coin: Circle Launches Stablecoin on Avalanche Blockchain to Facilitate Fast & Efficient Payment Systems

Coinspeaker Euro Coin: Circle Launches Stablecoin on Avalanche Blockchain to Facilitate Fast & Efficient Payment Systems USDC stablecoin issuer Circle recently launched Euro Coin on the Avalanche protocol to exploit the network’s blazing transaction speed. дальше »

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Tether USDT Stablecoin on Polkadot Now Live on Binance: Details

Binance exchange has launched support for USDT stablecoin hosted on Polkadot дальше »

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Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

Renton, United States, May 25th, 2023, Chainwire Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD. дальше »

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Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

Renton, United States, May 25th, 2023, Chainwire Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD. дальше »

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Circle launches euro-based stablecoin on Avalanche blockchain

Circle launched EUROC last year as a regulated stablecoin, which means that each token is fully backed by euro reserves held at United States-regulated financial institutions. дальше »

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Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin

Stablecoin issuer Stably is launching a dollar-backed stablecoin for traders of Bitcoin NFTs and BRC-20 tokens. дальше »

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Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto Prices

The continued contraction of the stablecoin market capitalization suggests that the crypto markets are still in their bear phase, macro analyst Tom Dunleavy said. дальше »

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