All by tag: Stablecoin

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

The asset is collateralized by short-term treasury bills, overnight repos, and cash

Curve founder Michael Egorov will act as a development consultant

He emphasized the relative stability of gold compared to bitcoin, making it a more suitable asset for short-term collateral