The move is designed to maintain the stablecoin savings protocol’s lucrative yield of approximately 20% per annum.
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Circle’s valuation doubles to $9B following revised merger agreement with Concord
The Circle-Concord business combination will create a new company that plans to list publicly on the New York Stock Exchange.
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Fireblocks acquires stablecoin payments platform First Digital
Fireblocks CEO Michael Shaulov said his company wants to “help every business become a crypto business,” referring to their ability to accept digital payments.
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US lawmaker introduces bill for government-backed insurance of ‘qualified’ stablecoins
“For cryptocurrency to grow and thrive … we must provide more direction and certainty to the marketplace …,” said Josh Gottheimer.
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DeFi flashes early revival signs as retail and institutional inflows trickle in
Inflows into the DeFi sector witnessed an uptick as the wider crypto market recovers and investor sentiment improves.
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Top Japanese bank MUFG introduces new stablecoin platform
After many years of digital currency development, Japan’s largest bank, MUFG, has officially introduced its own stablecoin project.
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