Fei Labs Raises $1.3 Billion in Genesis Event
The 'Genesis' launch of Fei Labs, the firm behind the Fei Protocol stablecoin, raised 639,000 ETH, roughly $1.3 billion from over 17,000 contributors.
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Visa Allows USDC Payments in Collaboration with Crypto.com
Visa now supports cryptocurrency transactions with direct acceptance of payments in USDC stablecoin via collaboration with Crypto.com.
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Bank of Thailand issues warning against THT Stablecoin
The Bank of Thailand has published a warning against THT stablecoin, a privately issued stablecoin pegged to the national currency, the Thai Baht.
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Russia’s Sberbank applies to launch its cryptocurrency
The largest Russian retail bank, Sberbank is keen on launching its blockchain-based platform in quest to establish its digital currency.
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Origin relaunches OUSD Stablecoin post $ 7 Million hack
After a DeFi attack in November worth $ 7 million, Origin Protocol relaunches the OUSD Stablecoin, provides alternatives of purchasing stablecoin on Uniswap.
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SEC to Target Tether After Ripple’s XRP?
In a latest tweet thread, Bitfinex Tether CTO, Paolo Ardoino, has stepped in to state that there is no indication that the SEC.
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Syscoin and TrustToken Collaborate to Enhance Stablecoin Ecosystem
Syscoin and TrustToken's collaboration aims at advancing payments and offering additional solutions to Ethereum's blockchain.
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Russia Opposes Private Stablecoins, Pushes for Central Bank Digital Ruble
Bank of Russia's first deputy chairman, Sergei Shvetsov opposes issuance of private-ruble-based stablecoins to uphold payment suppression.
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Basis Cash Stablecoin Launch: A New Era in Decentralized Finance
Basis Cash Stablecoin Launch: A New Era in Decentralized Finance The highly anticipated Basis Cash (BAC) is making its way into the market,.
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Tether (USDt) Launches on Solana for Ultra-Fast, Low-Cost Transactions
Tether (USDt), the world’s most popular stablecoin, is now available on Solana, a high-speed Layer 1 blockchain. This integration enables transactions exceeding 50,000.