Hong Kong’s OneDegree May Launch Its Stablecoin Soon As Interest Increases
OneDegree, a Hong Kong-based virtual insurance company, reported interest from over 100 project teams for stablecoin development. The enthusiasm spans a variety of.
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Paxos To Launch New Stablecoin, USDP, On Solana After Shutting Down BUSD
After shutting down BUSD, Paxos is back with a new stablecoin, USDP. Paxos has received the necessary permissions to expand USDP stablecoin to.
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Palau Finance Ministry Launches Second Phase Of Its CBDC Project
Palau Finance Ministry has flagged off the second phase of its XRPL-powered central bank digital currency (CBDC) pilot program following the successful completion.
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Galaxy Collaborates With DWS and Flow To Launch Stablecoin On Ethereum, Solana
Crypto firm Galaxy looks to collaborate with asset management firm DWS and trading specialist Flow Traders. Their goal is to introduce a stablecoin.
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Société Générale Set To Launch Its Own Stablecoin, EUR CoinVertible
Société Générale, France’s third-largest bank, is set to launch its stablecoin. EUR CoinVertible stands out by being fully backed by euros. Jean-Marc Stenger,.
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Binance To End Support For BUSD Stablecoin In December
Binance is ceasing support for the BUSD stablecoin following a move by US authorities to force Paxos to halt issuing the token earlier.
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Circle Partners With SBI Holdings To Offer Potential Stablecoins In Japan
Circle, the issuer of the second largest stablecoin by capitalization, USD Coin (USDC), has entered into a partnership agreement with Tokyo-based financial services.
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Raft DeFi Platform Suffers $3 Million Hack Amid Stablecoin Depeg Issues
Raft Defi platform has suffered a loss of $3 million amid the depeg of its stablecoin. The platform’s response and the Defi landscape..
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Midas stUSD, The New Stablecoin Backed By US Treasuries
Midas launches it’s proposed stablecoin stUSD The proposed stablecoin tokenizes ownership of Treasuries Midas mentions BlackRock, Circle, Fireblocks and Coinfirm as “institutional partners.”.
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Stablecoins Present Innovative Opportunities But Also Pose A Threat
US economic leaders gathered in DC Tuesday to discuss the future of stablecoins and crypto policy and innovation in America. Financial leaders in.