Circle has created a protocol that replaces cross-chain bridges - CCTP. The launch is planned in the middle of the first quarter of 2023 on Ethereum and Avalanche.
As we wrote earlier, the Financial Services Agency (FSA) of Japan plans to lift the ban on the distribution of foreign stablecoins within the country in 2023. The first details concerning the time frame have been disclosed, шn a conversation with Cointelegraph a representative from the FSA mentioned a few
Paxos will increase the share of its USDP stablecoin in Maker's DAI Peg Stability Module (PSM). To facilitate this Paxos will transfer MakerDAO 45% of the income it gets from its own reserves on the deposited coins.
Paxos will increase the share of its USDP stablecoin in Maker's DAI Peg Stability Module (PSM). To facilitate this Paxos will transfer MakerDAO 45% of the income it gets from its own reserves on the deposited coins.
Circle has created a protocol that replaces cross-chain bridges - CCTP. The launch is planned in the middle of the first quarter of 2023 on Ethereum and Avalanche.
As we wrote earlier, the Financial Services Agency (FSA) of Japan plans to lift the ban on the distribution of foreign stablecoins within the country in 2023. The first details concerning the time frame have been disclosed, шn a conversation with Cointelegraph a representative from the FSA mentioned a few
The National Australia Bank (not to be confused with the Reserve Bank of Australia) plans to launch its own AUDN stablecoin pegged to the Australian dollar by mid-2023.
The Terra Classic update aimed at eliminating the possibility of re-minting tokens and increasing the cost of gas by five times has been accepted by the community and supported by Binance. The price of LUNC increases.
The authorities in Russia and Iran are discussing the creation of a stablecoin tied to gold. The "Token of the Persian Gulf region" will be used for cross-border payments, but first a legislative framework for regulating cryptocurrencies is required.
As we wrote earlier, 2022 was quite a difficult year for stablecoins, but they managed to reach a record settlement volume, exceeding $7 trillion. Then, Peter Johnson predicted that the total settlement volume of stablecoins in 2023 would bypass Visa.
