The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.
Stablecoin news
Nearly a third of Tron’s record $151 million quarterly revenue came from its new memecoin launchpad SunPump over a two week period.
Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation.
The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country.
The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives.
Rapid and efficient humanitarian aid distribution is enhanced through the use of blockchain technology. Mercy Corps CIO Scott Onder explains how.
While MiCA is seen as a net positive for stablecoin regulation, it introduces consolidation concerns, especially among small crypto firms.
Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said.
More regulatory-compliant stablecoins like RLUSD could benefit mainstream crypto adoption worldwide.
While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchange’s meltdown.