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Stablecoin News

Brazil Central Bank Signals Easing of Crypto and Stablecoin Rules

Banco Central do Brasil is considering a softer stance on self-hosted wallets and cross-border cryptocurrency use after industry feedback. Initial proposals aimed to restrict these...

Congress Debates Stablecoin Bill Amid Rising Bank and Crypto Tensions

U.S. lawmakers are moving forward with the Senate Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, with debates set to resume after...

Russia Eyes Ruble Stablecoin with 7 Key Criteria, Faces Regulations

Mendeleev suggested a Russian stablecoin should follow DAI's overcollateralization model while remaining compliant with Russian regulations. Despite technical feasibility, Mendeleev expressed skepticism about...

Société Générale Unveils Its Own Stablecoin for Broader Market

KEY TAKEAWAYSSociété Générale has announced the launch of its stablecoin, EUR CoinVertible, on Bitstamp.This move marks the first major bank to issue digital tokens...

Verified USD Foundation Launches Community-Driven Stablecoin USDV

KEY TAKEAWAYSInnovative Backing: USDV stands out by securing its value through tokenized US Treasury Bills, providing a stable alternative to conventional stablecoins.Community Involvement: The...

PayPal’s New Stablecoin Launch Sets Trend as Industry Titans Eye Digital Dollar Dominance

The stablecoin launched by PayPal on Monday has the potential to become a trendsetter in the market.A range of e-commerce companies and banks, including...

PayPal Steps into Crypto: Introducing PYUSD Stablecoin Backed by Confidence

For the first time, a major American financial company is launching and making available a stablecoin with a fixed value pegged to the US...

MakerDAO Community Decides to Keep USD Coin as Primary Reserve for DAI Stablecoin

The MakerDAO community has decided to keep the USD Coin (USDC) cryptocurrency as the primary reserve asset for the DAI stable coin.Last Monday, the...

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US Seizes $14B in Bitcoin—Debate Rages Over Reserve or Restitution

The U.S. Department of Justice seized $14.4 billion in Bitcoin from the alleged leader of a major international crypto...

OpenAI Faces Race to Bridge Revenue Gap in Trillion Dollar Gamble

OpenAI plans to spend over $1 trillion on Artificial Intelligence development and infrastructure over the next decade. The company currently...

Altcoins Surge as Fed Signals Rate Cut; Bitcoin Eyes $130K Upside

Altcoins, including Ethereum and Solana, led gains as cryptocurrency markets rebounded mid-week. Federal Reserve signals potential interest rate cuts, boosting...

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