The digital asset market is experiencing a wave of new stablecoin launches by various technology and cryptocurrency companies, and even a state, despite concerns about their limited use and chances of survival. What happened:An article from the Financial Times report On Thursday, it revealed that the blockchain-based payments company Ripple …
Former president From Donald Trump upcoming cryptocurrency project, Global financial freedom, He expressed his commitment to promoting the mass adoption of dollar-pegged stablecoins to defend US financial supremacy. What happened:On Wednesday, the team behind the highly anticipated decentralized finance (DeFi) initiative outlined its mission to make U.S. dollar cryptocurrency derivatives …
The stablecoin sector has seen significant expansion since early July, coinciding with the overall rally in the cryptocurrency market. What happened: In a post by X on Wednesday, Ki Young JuCEO of a blockchain analytics company Cryptoquantity, He noted that stablecoins have been flowing into the market since early July, …
Jeremy AllaireCEO of stablecoin issuer Circle, expressed greater optimism about the current state of cryptocurrencies and expected significant advancements over the next decade. What happened: In a lengthy post on Wednesday The technologist described how sentiment around cryptocurrencies, especially bitcoin BTC/USD changed drastically in the last 10 years. Blockchain technologies, …
Former Speaker of the US House of Representatives Paul Ryan on Friday emphasized the potential of stablecoins to safeguard America's financial future amid growing concerns about the national debt. Stablecoins as a solution to the debt crisis In an op-ed in The Wall Street Journal, Ryan highlighted the rising trajectory …