Aiming for a slice of a rapidly growing market, Ripple, the company behind the XRP Ledger, has announced its own stablecoin. The token, pegged to the value of the US dollar, is expected to launch later this year.
More crypto turmoil out of Nigeria today, with new charges of tax evasion filed against Binance, just days after one of their two detained executives somehow managed to escape custody.
From warnings about offline payments to concerns about scammers, here are this week's biggest developments in central bank digital currencies (CBDCs) from around the world.
Ethena says it's a decentralized rival to stablecoins reliant on the traditional banking system — but its "synthentic dollar" has drawn unfavorable comparisons to ТerraUSD.
As the Japanese Government Pension Investment Fund calls for information on diversifying its investments, the financial headlines pick only the word Bitcoin out of it.
