In a strategic move to enhance its role in the global cryptocurrency market, Russia is set to launch new crypto exchanges and explore stablecoin options tied to the Chinese yuan and BRICS currency basket.
Read MoreIn a strategic move to enhance its role in the global cryptocurrency market, Russia is set to launch new crypto exchanges and explore stablecoin options tied to the Chinese yuan and BRICS currency basket.
Read MorePayPal USD (PYUSD) has rapidly ascended in the stablecoin market, achieving the status of the sixth-largest stablecoin within a short span.
Read MoreRecent on-chain data reveals a significant increase in stablecoin activity following recent market fluctuations. Tether (USDT) and Circle’s USD Coin (USDC) have both experienced substantial growth, reflecting their crucial roles in the cryptocurrency market's recovery and expansion.
Read MoreSince its expansion to the Solana blockchain on May 29, PayPal USD (PYUSD) has experienced a dramatic 150% increase in its market capitalization, according to DefiLlama data. The stablecoin’s total market value has surged to $684 million, reflecting significant growth and adoption since its launch on Solana.
Read MoreRipple's approach to managing its XRP tokens has been a subject of interest and speculation within the cryptocurrency community. With 39.5 billion XRP tokens currently locked in on-ledger escrow, Ripple's strategy and market movements continue to influence XRP's price and broader market dynamics. This article explores Ripple's escrow system, recent market volatility, and ongoing developments.
Read MoreIn a bid to strengthen oversight of the cryptocurrency space, particularly focusing on stablecoins, the Bank for International Settlements (BIS) and the Bank of England have unveiled a new project named Pyxtrial.
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