According to a Twitter post dated Dec. 7, stablecoin protocol Helio, which issues the HAY stablecoin pegged against the U.S. dollar, said that the firm had bought back $3 million worth of bad…
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Djed will be pegged to the US dollar, backed by Cardano (ADA), and will use $SHEN as its reserve coin. Cardano, a Proof-of-Stake blockchain platform, is planning to launch its algorithmic stablecoin, Djed,…
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On-chain data from Glassnode show Bitcoin’s (BTC) movements hit a new record for the largest net decline in aggregate BTC balances on exchanges, reducing by 72,900 BTC in one week. A similar movement…
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Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state’s central bank. Circle received in-principle approval for a major payments institution…
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Aave co-founder Stani Kulechov feels more optimistic than ever that the $5 billion DeFi lending protocol’s upcoming stablecoin GHO (pronounced “go” as in ghost, the project’s mascot) will solve real world payment problems….
Seychelles-based crypto exchange Huobi will no longer support trades for its native stablecoin, HUSD. Users with funds stored in that token will have their assets auto-converted into USDT – the world’s largest stablecoin…
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Patrick McHenry, ranking member of the United States House of Representatives Financial Services Committee, thinks the “conversation has become unmoored” regarding financial technology and needs to return to solving real-world problems. He is…
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