Bookmarking Crypto Insights
Auto Added by WPeMatico
Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the market. Go to Source Powered by WPeMatico
Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September. Go to Source Powered by WPeMatico
With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need. Go to Source Powered by WPeMatico
The market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States. Go to Source Powered by WPeMatico
Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets. Go to Source Powered by WPeMatico
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.” Go to Source Powered by WPeMatico
Biconomy is planning to launch its native token, BICO, in the near future. The company also claimed that it will expand to support over 30 decentralized applications. Go to Source Powered by WPeMatico
Duniapay, a digital banking platform created by three students from Burkina Faso, has added a personal savings feature to its banking application that already provides residents from some 14 West African countries with a flexible digital platform to access financial services. Using a Stablecoin to Save The new feature, which is viewed as another demonstration … Read more
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report On August 9, 2021, Tether’s chief technology officer tweeted … Read more
Tether has been publishing periodic accounting reports to the public after reaching a settlement with the New York Attorney General’s office in February 2021. Go to Source Powered by WPeMatico
