Stablecoin

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Senator Kirsten Gillibrand (D-N.Y.) speaks at a news conference last fall.Getty Images On April 9, Senator Kirsten Gillibrand (D-N.Y.) announced at the Bitcoin Policy Summit at the National Press Club in Washington that while…

getty Ripple Labs, the primary developer of the XRP XRP Ledger (XRPL) blockchain and its namesake token, is moving into the $150 billion stablecoin business after a year in which the $32 billion network generated less than $1 million…

Ripple has declared the death of (XRP). Well, to be fair, to be accurate, Ripple CEO Brad Garlinghouse has said the exact opposite when announcing the Silicon Valley crypto mainstay would launch a U.S. dollar-pegged stablecoin later this…

Palladium and Botanix Labs have announced the launch of a new…

Hong Kong-based cryptocurrency custodian Hex Trust is looking to turn a profit and raise fresh funding on the back of a recovery in the virtual-asset market, despite potential regulatory headwinds that could affect the company’s…

The Hong Kong government will introduce draft bills to regulate digital assets this year amid skyrocketing ‘crypto’ crime over the past three years, a top official has revealed.Christopher Hui, the Secretary for Financial Services and…

Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The…

The cryptocurrency industry needs strong regulation before it becomes so pervasive it poses financial stability risks, Federal Reserve vice chair Lael Brainard said on Friday, noting recent turmoil in the space has shown cryptocurrencies…

Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low…