Fiat-backed stablecoins are no different. Financially speaking, sending someone 100 USDC is no different than sending them $100 via Venmo. In both cases, one user is handing over a claim against a balance sheet – […]
Ethereum’s network and its possibilities, by contrast, are always changing. Ethereum developers have fueled a proliferation of use cases, including the rise of decentralized exchanges (DEX), stablecoins and non-fungible tokens (NFT). Ethereum’s successful transition to […]
Bitcoin price was trading sideways after hitting highs of $22,300, with major US indexes also down. The markets’ reaction comes after hotter-than-expected inflation data for the first month of 2023. US CPI rose 0.5% over […]
“Polygon zkEVM Mainnet is set to be the first fully EVM equivalent ZK rollup to reach mainnet, this represents a huge step towards scaling Ethereum and bringing Web3 to the masses,” Sandeep Nailwal, a co-founder […]
While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only […]
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Stablecoins Are Not New. So Why Are Regulators Attacking Paxos? Source link
The Solana (SOL) price could soon break out from its short-term pattern and make another attempt at breaking out from a long-term resistance line. In Solana news, the volume of decentralized exchanges on the Solana […]
The Bitcoin network is getting more active with increasing block sizes, transactions, and overall UTXO counts. Source link
The move toward tether might be a surprise because the biggest centralized stablecoin is, perhaps, the most controversial, considering it is unregulated and the lingering lack of transparency about its reserves. On Friday, a New […]
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