stablecoin issuance – DIGIT INFO

Progmat, DMM partner to introduce stablecoin for Seamoon Protocol

DIGIT — Fri, 23 Aug 2024 16:51:30 +0000

The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.

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Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services

DIGIT — Tue, 02 Jul 2024 15:34:14 +0000

Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations. The approval permits the issuance of stablecoins compliant with MAS’s forthcoming regulatory framework. DBS Bank Named Main Banking Partner as Paxos Secures MAS Approval Paxos, a […]

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Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO

DIGIT — Sun, 31 Jul 2022 22:30:03 +0000

On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S. dollar’s value. A New collateral-Backed Stablecoin Crafted by Aave Companies Is Due […]

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Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps

DIGIT — Tue, 22 Feb 2022 21:30:36 +0000

At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled by more than 20% since the […]

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