stable currency
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Former CFTC Chair Agrees that Terraform Labs Issuer and Founder Should be Tracked by SEC
According to reports, Timothy Massad, former chairman of the United States Commodity Futures Trading Commission (CFTC), said that it was absolutely correct for…
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Institutions Plan to Launch a Stable Currency to Replace BUSD
It is reported that some institutions have contacted and proposed to launch a new stable currency to replace BUSD. According to Patrick Hillmann, the chief str…
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Tether’s Market Value Reaches 70 Billion Dollars, BUSD Loses 2.45 Billion Dollars
It is reported that according to the latest data of Coingecko, the market value of the stable currency Tether has returned to above 70 billion US dollars, reac…
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Regulatory Action Against BUSD and Paxos: Analysis and Concerns
It is reported that Bernstein said in a research report on Thursday that the regulatory action against the Binance USD (BUSD) stable currency and its issuer Pa…
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SEC’s Lawsuit Against Terraform Labs and Do Kwon Can be a Warning for Other Stable Currencies, Says Delphi Labs’ General Counsel
It is reported that Gabriel Shapiro, the general counsel of Delphi Labs, said on Twitter that the lawsuit of the United States Securities and Exchange Commissi…
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Stably Corporation Launches Stably USD on Polymesh Blockchain
It is reported that the Seattle based Web3 payment infrastructure and stable currency as a service provider Stably Corporation announced the official launch of…
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TITLE: Canadian encryption company partners with PIXEL for global market expansion
On February 16, the Canadian encryption company Spirit Blockchain announced that it would make strategic investment in PIXEL to help PIXEL\’s next-generation st…
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Hong Kong to Open Up Encrypted Transactions to All Citizens and Launch Stable Currency
According to reports, Brian Armstrong, CEO of Coinbase, recently tweeted the news that \”Hong Kong will officially open encrypted transactions to all citizens i…
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BUSD’s Destruction by Paxos Treasury Results in Significant Drop in Market Value
It is reported that with the destruction of BUSD by Paxos Treasury, the market value of the US dollar stable currency has dropped sharply in recent days. Accor…
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NYDFS Request for Paxos to Halt BUSD Production
According to reports, Coinbase said in its official tweet that this week the New York State Department of Financial Services (NYDFS) asked Paxos to stop issuin…
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Paxos Admits Receiving Notice from SEC Regarding BUSD
According to reports, according to Monday\’s press release, Paxos, the issuer of the stable currency, admitted that it had received the notice from the United S…
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Coin An’s Commitment to Regulatory Compliance and Industry Collaboration
On February 14, CZ, the chief executive officer of Coin An, said that Coin An has invested a lot of time and rewards in regulation, and will continue to increa…
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Importance of stable currency in cryptocurrency transactions
On February 14, CZ said in a speech on Binance\’s official Twitter Space that the stable currency is still very important at this stage, and most people still n…
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Coin An’s Stable Currency Outflow Seems Under Control
On February 14, the Web3 knowledge map protocol 0xscope tweeted that the stable currency outflow of Coin An seemed to be under control in the past 12 hours, an…
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Curve Finance Surpasses $1 Billion in Trading Volume
On February 14, according to the disclosure of Curve Finance on social media, the one-day trading volume of its agreement exceeded $1 billion. In addition, Cur…
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Decrease in Stable Currency Value Impacts Liquidity and Leverage of Cryptocurrencies
On February 14, Morgan Stanley strategist Sheena Shah wrote in a report that the decline in the market value of stable currency means that the liquidity and le…
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USDT Claims Top Spot in Stablecoins Market Value
According to the report, the data shows that the total market value of the US dollar stable currency is US $138.5 billion at present, with USDT accounting for …