This country is buying more USDC than the rest of the world

Coinbase, the largest crypto exchange in the United States, has published a report which takes a deep dive into the adoption of USD Coin (USDC), the stablecoin issued by Circle.  Americans buy 3 timThe post This country is buying more USDC than the rest of the world appeared first on AMBCrypto. дальше »

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USDC adoption is lagging outside of the United States: Coinbase

The exchange stated the stablecoin is purchased at three times the rate with U.S. dollars compared with other fiat currencies.

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The European Union is stifling stablecoin adoption

The Markets in Crypto-Assets framework stands to get in the way of Circle's Euro Coin and other digital assets. Policymakers should revise the proposal. дальше »

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Aussies buy fuel and chips with crypto across 175 fuel outlets

Commenting on the rollout, Crypto.com’s Karl Mohan tipped the adoption of an AUD-backed stablecoin as being the catalyst to make crypto payments mainstream in Australia. дальше »

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Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption

Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite. дальше »

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Tether Launches New Stablecoin in Mexico

Tether announces the release of a new peso-backed stablecoin on Ethereum, Tron, and Polygon as 40% of Mexican companies consider blockchain adoption.         The post Tether Launches New Stablecoin in Mexico appeared first on BeInCrypto. дальше »

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LUNA price forecast: can the token recover after its collapse?

Terra LUNA/USD is a decentralized finance blockchain that aims to build a powerful global payments network.   It was specifically developed to disrupt the traditional banking system through the mass adoption of stablecoin cryptocurrencies alongside decentralized finance (DeFi) infrastructure. дальше »

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Terra (UST and LUNA): A Guide to Crypto’s Hottest New Ecosystem

Terra is a blockchain-based ecosystem with a native algorithmic stablecoin (UST) designed for real-world adoption and native token (LUNA) used to stabilize UST’s dollar peg.  TerraUSD (or UST) is the… The post Terra (UST and LUNA): A Guide to Crypto’s Hottest New Ecosystem appeared first on CoinCentral. дальше »

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Terra (UST and LUNA) Guide: Is Terra Legit and How Does It Work?

Terra is a blockchain-based ecosystem with a native algorithmic stablecoin (UST) designed for real-world adoption and native token (LUNA) used to stabilize UST’s dollar peg.  TerraUSD (or UST) is the… The post Terra (UST and LUNA) Guide: Is Terra Legit and How Does It Work? appeared first on CoinCentral. дальше »

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Terra introduces 4pool for UST, FRAX, USDC and USDT stablecoins

The Terra community continues making efforts to emerge as a leader in decentralized finance (DeFi). The network has announced the launch of “4pool” to support the growth and adoption of UST and the FRAX algorithmic stablecoin. дальше »

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Could rising Turkish lira/stablecoin trades affect 'real economic activity'

All over the world, COVID-19 and geopolitical tensions have amped up the rate of crypto adoption - and especially so in emerging economies. While a crypto investor in America or Western Europe may notThe post Could rising Turkish lira/stablecoin trades affect 'real economic activity' appeared first on AMBCrypto. дальше »

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Celo launches stablecoin pegged to Brazilian real

Celo (CELO/USD), a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users, has launched cREAL, a stablecoin pegged to the Brazilian real, CoinDesk reported. This is the platform’s third stablecoin after cUSD and cEUR, which are pegged to the U. дальше »

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$4B non-profit established to stabilize UST stablecoin

With a market cap of more than $170 billion, stablecoin adoption is exploding.

The post $4B non-profit established to stabilize UST stablecoin appeared first on CryptoSlate.

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Unique Cardano Stablecoin: ADADAO to Hold a Public Sale on KICK.IO

20th January 2022, Tallinn, Estonia – Many seasoned crypto analysts have been taken aback by the recent influx of innovative projects to the Cardano space. However, despite the ecosystem’s vibrancy, one of the factors limiting mass adoption has always been an absence of a reputable, accessible, and volatility-free stablecoin. дальше »

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Группа американских банков создала консорциум для выпуска стейблкоина

Группа застрахованных FDIC финансовых учреждений USDF Consortium анонсировала планы по созданию сети банков для продвижения эмитируемого ее участниками стейблкоина USDF. We launched the bank-led @USDFConsortium today that is establishing a network of banks to further the adoption and interoperability of the bank-minted USDF™ stablecoin on @provenancefdn. дальше »

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PayPal Draws Closer To Highly-Anticipated Stablecoin Launch As It Looks To Edge Out BTC Transaction Volume

A trail of codes from an internal hackathon hosted in November has revealed possible hints of the plan for Stablecoin adoption by the global payments giant, PayPal. The trail of codes first noticed by Steve Moser, a renowned developer, inside its native iOS application revealed that the company may likely delve into a native Stablecoin […] дальше »

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Argentina: 'Crypto-adoption is high, but stablecoin adoption is really high too'

The end of 2021 saw many quarantining at home due to the Omicron variant of the COVID-19 virus. However, Ethereum founder Vitalik Buterin was in Argentina. Following his trip, Buterin shared some thouThe post Argentina: 'Crypto-adoption is high, but stablecoin adoption is really high too' appeared first on AMBCrypto. дальше »

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Tether lauds Myanmar shadow government for making USDT an official currency

The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.”

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Circle Launches USDC on Avalanche to Drive DeFi Adoption

Circle continues to expand the integration of the USDC stablecoin across different blockchain networks, with the company recently launching the second-largest stablecoin by market capitalization on Avalanche. дальше »

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Prominent investor speculates why Terra’s algo-stablecoin (UST) triumphed over Synthetix (sUSD)

As the market capitalization of Terra’s algorithmic stablecoin that tracks the value of the US dollar topped $8. 5 billion–investors speculate what is driving the adoption and how exactly did UST manage to leave the competition lagging so far behind? While fueling the DeFi market, the decentralized stablecoin sector continues to rapidly grow. дальше »

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Stablecoin issuers poised to be banks of the future on road to adoption

Stablecoins are destined to grow, experts suggest, but are regulations the only way for the market to reach its full potential?

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The stablecoin scourge: Regulatory hesitancy may hinder adoption

U.S. Treasury’s recommendations, if adopted, could hinder stablecoin innovation in the near future, but in the long run, they might be a boon. дальше »

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Paxos CEO says regulatory clarity will help stablecoins get more adoption

Charles Cascarilla, the co-founder and CEO of stablecoin issuer Paxos, believes the Biden administration’s move to regulate stablecoins is a good step in the right direction. He shared his sentiments during a November 3 interview, noting that he expects more dialogue on the matter. дальше »

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Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide. дальше »

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HSBC CEO backs CBDCs against crypto and stablecoins

Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level.

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BRZ Adopts RSK Bitcoin Sidechain & Ethereum-Compatible Protocol

Brazilian Digital Token (BRZ) is now live on the RSK Bitcoin sidechain and Ethereum smart contracts-compatible network. With the adoption of RSK, holders of the BRZ stablecoin will now get secure, superfast and cost-efficient transfers while also being able to enjoy the benefits of decentralized finance (DeFi) with their BRZ tokens. BRZ Taps RSK forRead More дальше »

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Stablecoin adoption and the future of financial inclusion

With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need. дальше »

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Orion Protocol Simplifies CEXs & DEXs With Decentralized Global Access & USDo Stablecoin

In a bid to push more mass-market adoption, Orion Protocol has introduced the first solution offering decentralized global access to CEXs and DEXs. Further strengthening the ecosystem, the platform has launched USDo, the dollar-pegged ORN stablecoin. дальше »

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Bank of England Proposes Regulation of Stablecoin Use As Payment Means

The Bank of England (BoE) stated that stablecoin payments should receive the same regulations as bank payments, if the former gains widespread adoption.  BoE Says Stablecoin Regulatory Framework Necessary in the UK According to Reuters on Monday (June 7, 2021), the BoE in a Discussion Paper, said that it was important to establish regulatory policiesRead More дальше »

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Analyst says DeFi and stablecoins held up well as crypto markets imploded

DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. дальше »

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DeFi growth helps push crypto’s share of the global money supply above 2%

The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption. дальше »

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PayPal Reportedly Discussing Its Own Stablecoin

Online payment operator PayPal is hitting the newswire today, reportedly discussing the creation of their own fiat-backed stablecoin. Adoption of broader mainstream crypto within major companies continues to grow, exemplified by this and other recent company discussions, such as eBay CEO Jamie Lannone discussing new potential payment options and potential utilization of NFTs in recent […] дальше »

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Visa to Settle Payments in USDC over Ethereum; A ‘Major Turning Point in Mainstream Crypto Adoption’

The second-largest stablecoin has added 7 billion to its total supply of almost 11 billion in just the three months of 2021. The post Visa to Settle Payments in USDC over Ethereum; A ‘Major Turning Point in Mainstream Crypto Adoption’ first appeared on BitcoinExchangeGuide. дальше »

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Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval

Global stablecoin adoption and uncontrolled hyperinflation in Venezuela and Argentina have helped push Reserve Rights to a new all-time high. дальше »

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Stablecoin adoption and pivot to DeFi drive Algorand (ALGO) price higher

Algorand rallied to a multi-year high after the network emerged as a possible choice for central bank digital currencies and the team revealed its DeFi plans. дальше »

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Paxos adopts Chainlink oracles to further adoption of PAX and PAXG tokens

Paxos, a crypto brokerage and infrastructure platform, today announced it is now working with Chainlink to leverage its market-leading decentralized oracle network. This will boost the adoption of the USD-backed stablecoin Paxos Standard (PAX) and the gold-backed token PAX Gold (PAXG) within the Decentralized Finance (DeFi) ecosystem—a parallel financial system built on the blockchain which allows […] CryptoNinjas. дальше »

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