Saudi Arabia is among the countries where de-dollarization is one of the objectives set for the Central Bank Digital Currency (CBDC) projects.

With billions of dollars in the bank, Tether invests in projects that plan to use its USDT stablecoin as well as in interesting ventures that build on its other products.

Data-driven blockchain Flare, crypto custodian Hex Trust Group, and decentralized credit marketplace Clearpool have partnered to create a new dollar-pegged stablecoin.

Russian President Vladimir Putin, and his Brazilian counterpart Luiz Inacio Lula da Silva, have both spoken of their ambition for BRICS to launch its own global currency — potentially cutting the dollar out of the picture.

Di Lewis argues that its failure to evolve as a medium of exchange threatens its existence in the face of stablecoins, institutional ownership, and resistance to progress.

Endgame will launch this summer with two new tokens alongside self-governing SubDAOs, aiming for long-term stability and growth of its DAI stablecoin.

Crypto traders' accounts are blocked, local FinTech companies are barred from onboarding new users, and Binance executives await a new trial.

PayPal and Paxos's promising stablecoin is lagging behind its rivals. PYUSD circulation has dropped, and new partnerships and integrations are rare and far from impressive.