All by tag: Stablecoin

The head of the company, Arthur Azizov, expects wider institutional adoption and the emergence of coins based on local fiat currencies

Stablecoins from issuer Circle will not be affected by the changes

The company will soon present a list of partners and exchanges ready to list the asset

The company will apply for a license from the local regulator after implementing rules for issuers

The asset is regulated by the Monetary Authority, acting as the central bank

The department is concerned about the large volume of purchases of Treasury bills by issuers of such assets

Circle raises USDC redemption fees for the second time in a year

The project was implemented in partnership with institutional custodian Fireblocks

The new product supports USDP, PYUSD, and USDC coins

If the proposal is approved, between $100 million and $200 million will be channeled into SOL futures positions

The company emphasized the suitability of stablecoins for corporate use

Last week, the US Federal Reserve cut rates for the first time in 4,5 years