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Mehen Finance Launched Fiat-backed Stablecoin USDM On Cardano Network After Huge Delays

Layer-1 blockchain Cardano has welcomed its first 1-to-1 fully fiat-backed stablecoin, USDM, launched by Mehen Finance. This is the latest entrant in a.

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Tether’s USDT Market Cap Surpasses $100B Mark, Sets New Stablecoin Record

Tether’s USDT stablecoin market cap exceeded the $100 billion mark today, setting a significant benchmark. As the first stablecoin to achieve this scale,.

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Liquity To Launch New CDP Stablecoin Protocol In Late 2024

Liquity is set to launch a new stablecoin protocol, collateralized debt protocol (CDP), later this year.  The stablecoin protocol will introduce LST support.

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Argentina Tops Latin America in Stablecoin Purchases and Holdings

Argentina, a nation grappling with a severe economic crisis and a plunging peso, has emerged as the leader in stablecoins purchases and holdings.

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Stablecoins vs. Flatcoins: Which One Is Better?

Stablecoins and flatcoins represent two different approaches to creating stability in the volatile cryptocurrency market when compared with Bitcoin and Ethereum. Stablecoins reduce.

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Bank Of Spain Began Testing Of A New Stablecoin, EURM, For Faster Euro Transactions

A new stablecoin backed by the euro, EURM, began testing this January in Spain under the supervision of the Bank of Spain.  This.

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Circle’s USDC Stablecoin Will Launch Natively On Celo Blockchain, Pay For Gas

According to the Celo Foundation, Circle’s stablecoin (USDC) will launch natively on the Celo blockchain. Minting USDC on the Celo blockchain will boost.

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TrueUSD Stablecoin (TUSD) Depegged To $0.985 Amid Selloff

The TUSD stablecoin depegged to $0.985 on Tuesday morning Asia time, according to Coinstats data. Stablecoin TrueUSD (TUSD) dropped below its $1 peg.

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Stablecoin Issuer Circle Confidentially Files For A US IPO

Circle Internet Financial has confidentially filed for an IPO with the US SEC, transitioning from its previous plan to go public via a.

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Central Bank Of Nigeria (CBN) Approves Africa Stablecoin Consortium (ASC) To launch cNGN Stablecoin In February

The Central Bank of Nigeria (CBN) has approved the Africa Stablecoin Consortium (ASC) to pilot cNGN stablecoin in its regulatory sandbox. The new.

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