European Union members recently passed a bill on cryptocurrencies dubbed Markets in Crypto Assets (MiCA). This new guideline limits daily transactions of stablecoins not Euro-pegged to €200 million. Executives at Moody Global weighed in on the possibility of stablecoins exploding consequently. Break Down Of The MiCA Law Fabian Astic shared the perks of EU’s MiCA … Read more
Decentralized Social (DeSo), a recently founded blockchain, looks to provide Web3 to the masses. Next week, it will incorporate USDC to begin working on the project. With the integration, DeSo can become an inter-chain social mainnet for Web3. DeSo To Use USDC To Advance Web3 DeSo is a blockchain blended with social features. It allows … Read more
During a recent event in Paris, the U.S. Federal Reserve chairman, Jerome Powell, discussed central banks’ role in the increasingly tokenized financial system. Jerome Powell Discusses Stablecoins Commenting on stablecoin regulations, the Fed chair, in the company of other prominent personalities, talked about the role of central banks. Speaking in the company of Christine Lagarde, … Read more
Tether Limited Inc., the parent company of the USDT stablecoin, has announced a new development to its network as it announced that minting USDT tokens is now possible on the Polkadot blockchain. USDT Goes Live on Polkadot The latest development would see the largest stablecoin by market cap be minted on the Polkadot network. Tether … Read more
Liz Truss, the newly elected Prime Minister of the United Kingdom, is reportedly pro-crypto following news of her previous support for digital assets. Lizz Truss’s Previous Crypto Support According to reports making the round, the new occupant of 10 Downing Street is a known fan of cryptocurrency. Having defeated her closest rival, Rishi Sunak, Truss … Read more
The fight between the leading stablecoins still witnesses new feuds monthly, with each project taking a turn to plan its winning game. Meanwhile, here is everything about the present status of the never-ending competition. Where to Place You Bet? Stablecoins have their overall market cap at around $153.8 billion, with $56 billion in trading volume … Read more
