Federal Reserve Chairman Jerome Powell argued for the need for strong central bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee Wednesday. Perianne Boring,…
Software firm SAP is reportedly employing Circle’s (CRYPTO: USDC) stablecoin to examine international payment procedures. The Walldorf, Germany-based company is attempting to address the hurdles faced by businesses when executing…
SAP is testing Circle’s Ethereum-based USDC stablecoin for clients to tackle difficulties associated with existing cross-border payments.
Currently, cross-border payments are a “hassle” for many small and mid-sized enterprises with international business partners, the team at German software firm SAP notes in a blog post. The team…
Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD.
Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust.
Tether Operations Limited( Tether), the driving force behindtether.to and the world’s most extensively espoused stablecoin, lately unveiled its plans to bringU.S. bone – pegged Tether commemoratives( USDT) to the Kava…
TrueUSD has swiftly moved to restore confidence in its dollar-backed TUSD stablecoin after Nevada-based Prime Trust, a crucial technology partner, faced regulatory hurdles. Prime Trust’s abrupt suspension of all fiat…
Crypto wallet provider Exodus said June 22 that it is adding the Sovryn Dollar (DLLR) to its corporate treasury and user wallets.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and…
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