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Nalezeno "A$DC Stablecoin": 6399

Circle Launches ‘Circle Payments Network’


The new network will use stablecoins such as USDC and EURC to help financial institutions facilitate global money movement and settlement. USDC Issuer Circle Debuts Payments Network Stablecoin firm Circle, issuer of USDC which currently has a market capitalization of roughly $61 billion,...

Report Says ING Is Developing a Euro-Based Stablecoin Under MiCA Rules


Dutch banking giant ING is quietly laying the groundwork for a new stablecoin project, teaming up with players from both traditional finance and the crypto space to carve out a place in Europe’s tightly regulated digital asset sector. As reported by Ian Allison at Coindesk, citing two anonymous...

ECB flags risk of financial contagion from US Crypto push


The European Central Bank (ECB) has raised alarm over the potential fallout from the United States’ aggressive support for the crypto industry, warning that a surge in dollar-backed stablecoins could destabilize Europe’s financial system.According to a policy paper seen by POLITICO,...

ECB flags risk of financial contagion from US crypto push


Update April 22, 2:17 pm UTC: This article has been updated to include comments from Cato Institute analyst Nicholas Anthony.The European Central Bank (ECB) raised an alarm over potential fallout from aggressive US support for the crypto industry, warning that a surge in dollar-backed stablecoins...

MoonPay CEO calls on Congress to keep state authority over stablecoins


Ivan Soto-Wright, CEO of cryptocurrency payment firm MoonPay, is calling on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoins.In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when...

MoonPay CEO calls on Congress to keep state authority over stablecoins


Ivan Soto-Wright, CEO of cryptocurrency payment firm MoonPay, is calling on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoins.In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when...

Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68


The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn’t the first time the asset has been under significant stress, and several risk...

Tether Backs Fizen to Boost Global Stablecoin Adoption


Tether has invested in fintech firm Fizen to accelerate the real-world adoption of stablecoins and promote global financial inclusion through user-friendly self-custody payment solutions. Fizen Secures Strategic Investment from Tether to Expand Stablecoin Utility Tether, the world’s leading...

Russia Eyes Own Stablecoins After USDT Blockage


A senior official from Russia’s Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia. Dollar-pegged stablecoins have gained popularity for facilitating fund transfers...

Fed's Powell reasserts support for stablecoin legislation


As digital assets gain mainstream adoption, establishing a legal framework for stablecoins is a “good idea,” said US Federal Reserve Chair Jerome Powell.In an April 16 panel at the Economic Club of Chicago, Powell commented on the evolution of the cryptocurrency industry, which...

Trump-linked World Liberty Financial gets $25M investment from DWF Labs


Crypto market maker DWF Labs announced a $25 million investment in World Liberty Financial, the decentralized finance (DeFi) project backed by US President Donald Trump and his sons, as the company expands into the United States with an office in New York City. On April 16, Dubai-based...

Elliptic, Monerium Partner to Enhance Compliance for EURe Stablecoin


Cryptocurrency analytics firm Elliptic has partnered with Monerium, a Reykjavik-based Electronic Money Institution (EMI), to enhance anti-money laundering (AML) and compliance measures for its EURe stablecoin. Monerium Taps Elliptic to Navigate MiCA Rules Amid Euro Stablecoin Boom According to...

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