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The new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. He remarked that individuals use these tools for cross-border payments to maintain an “opaque vision for taxation or money laundering.” Central Bank of Brazil States Stablecoin Volumes Linked to Tax Evasion and Money … Read more
USDt explained for beginners: Learn how Tether works, why it’s popular and how it stacks up against other stablecoins. Go to Source
Tether has partnered with Reelly Tech to integrate USDT transactions into the UAE real estate market, allowing 30,000+ agents to leverage stablecoins for streamlined property transactions. USDT to Power Real Estate Transactions in UAE Tether, one of the world’s largest stablecoin issuers has announced the signing of a Memorandum of Understanding (MoU) with Reelly Tech, … Read more
A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability’ to Nigeria’s Digital Economy A coalition of software firms recently launched what has been described as Nigeria’s first “compliant” stablecoin, cNGN. The stablecoin, which is now … Read more
The Commodity Futures Trading Commission (CFTC) which regulates the U.S. derivatives market said it will hold a CEO Forum with leaders from Coinbase, Ripple, Circle, Crypto.com, and Moonpay to evaluate a digital asset markets pilot program. The announcement was made on Friday and the purpose of the program will be to establish regulatory clarity around … Read more
Ripple USD (RLUSD) is expanding to more platforms, including Zero Hash and Revolut, strengthening its presence in trading, payments, and financial applications across multiple blockchains. RLUSD Lands on More Platforms Ripple is strengthening the presence of its stablecoin, Ripple USD (RLUSD), through new partnerships, adding Zero Hash and Revolut to its growing list of platforms, … Read more
The Aptos blockchain is making headlines and setting new records for network activity and stablecoin adoption. Recent data from Artemis informs us that the number of active addresses on the Aptos network has reached an unprecedented 16.7 million per month. This trend is nothing short of spectacular and reflects the blockchain’s growing momentum. On January … Read more
The cryptocurrency market is experiencing a substantial surge in the adoption and utilization of USDC, which is one of the top stablecoins. In the last year, the daily transaction volume of USDC has shot up by an extraordinary 119%. This is obviously reflection of the growing demand there is for USDC among not just everyday … Read more
Republican Senator Bill Hagerty introduced the Guiding and Establishing National Innovation in U.S. Stablecoins (GENIUS) Act on Tuesday, a bill aimed at creating a regulatory framework for stablecoins in the United States. The legislation is part of a broader push among lawmakers to establish clear guidelines for digital assets as the market continues to expand. … Read more
Input Output co-founder and CEO Charles Hoskinson said he will launch a political action committee push his vision of making Wyoming a hub for emerging technologies like blockchain and artificial intelligence. Hoskinson’s Ambitious Plan Input Output co-founder and CEO Charles Hoskinson recently announced that his Wyoming Integrity Political Action Committee (PAC) will launch this year. … Read more