
First Digital Trust, which provides crypto custody services for institutions, says that Hong Kong is not yet ready to regulate USD-backed stablecoins.
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Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously ranked among the top five dollar-pegged cryptocurrencies […]
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The funding will be used to develop debit and credit card payment rails in Asia.
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