The Central Bank of Nigeria (CBN) has approved the Africa Stablecoin Consortium (ASC) to pilot cNGN stablecoin in its regulatory sandbox. The new.
OneDegree, a Hong Kong-based virtual insurance company, reported interest from over 100 project teams for stablecoin development. The enthusiasm spans a variety of.
After shutting down BUSD, Paxos is back with a new stablecoin, USDP. Paxos has received the necessary permissions to expand USDP stablecoin to.
Palau Finance Ministry has flagged off the second phase of its XRPL-powered central bank digital currency (CBDC) pilot program following the successful completion.
Crypto firm Galaxy looks to collaborate with asset management firm DWS and trading specialist Flow Traders. Their goal is to introduce a stablecoin.
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,.
Binance is ceasing support for the BUSD stablecoin following a move by US authorities to force Paxos to halt issuing the token earlier.
Circle, the issuer of the second largest stablecoin by capitalization, USD Coin (USDC), has entered into a partnership agreement with Tokyo-based financial services.
Raft Defi platform has suffered a loss of $3 million amid the depeg of its stablecoin. The platform’s response and the Defi landscape..
Midas launches it’s proposed stablecoin stUSD The proposed stablecoin tokenizes ownership of Treasuries Midas mentions BlackRock, Circle, Fireblocks and Coinfirm as “institutional partners.”.