Stablecoin Boom: $228Bn, Banks and Corporates Enter
The stablecoin market touches $228 billion: boom in adoption by global banks and Fortune 500 companies.
Stablecoins are a category of cryptocurrency designed to maintain a stable value against a reference asset, such as a fiat currency (e.g. the US dollar) or a commodity (such as gold).
139 PostsThe stablecoin market touches $228 billion: boom in adoption by global banks and Fortune 500 companies.
Jeff Dorman of Arca publicly attacked Circle for the poor allocation received during the $1.05 billion IPO, closing the accounts in protest.
The Bank of Italy raises the alarm: cryptocurrencies threaten the financial stability and economic health of companies and investors.
The Governor of the Bank of Italy proposes the digital euro as an essential tool to guarantee economic stability against the risks of cryptocurrencies.
StakeStone is working with WLFI to improve the cross-chain liquidity of USD1, making it more accessible and faster in DeFi.
Meta Platforms plans to launch a stablecoin for WhatsApp, Instagram and Facebook Pay, aiming to dominate global digital payments.
Kyrgyzstan launches the gold-backed USDKG stablecoin with a focus on international transactions, through a partnership with Binance.
Tether revolutionises AI with Tether.ai, a decentralised platform integrating blockchain and crypto payments such as USDT and Bitcoin.

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