ADA-backed stablecoin ‘Djed’ launched on Cardano blockchain.
Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.
Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.
A Universal Digital Payment Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDC) was launched at the World Economic Forum (WEF) in Davos.
According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.
Systematic shocks within the crypto ecosystem risk to have knock-off effects upon traditional financial institutions
FTX potential collapse calls for greater federal oversight of the digital asset industry
The rapid rise of Binance stablecoin Binance USD (BUSD) could spark the “Second Great Stablecoin War” leading to considerable market changes
August data released by Brazil’s tax authority revealed that over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded
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