In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among
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GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and
Read moreIs Another Bitcoin Rally Coming Soon? This Pattern May Say So
On-chain data shows a pattern in the stablecoin shark and whale holdings that may suggest the Bitcoin rally could make a return in the near
Read moreBitcoin Rally May Not Resume Until This Happens
Bitcoin has continued to stagnate recently as another recovery move has failed to prosper. So here’s an indicator that may hint when a break could
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US House Financial Services Committee Passes Stablecoin Legislation ‘After a Few Fireworks’
The U.S. House Financial Services Committee has passed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan support. McHenry said committee members, unlike the
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Ripple and Palau Announce CBDC Stablecoin Pilot Program
Palau, an insular nation in the Philippines Sea, has partnered with Ripple, announcing a limited pilot for its own U.S. dollar-pegged stablecoin issued using XRP
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