stablecoin
Stablecoin issuer Paxos has tapped Singapore’s DBS bank as its custodial partner. The bank will be responsible for cash management and the custody of Paxos’ stablecoin reserves. This is the first time the DBS Group, which is the nation’s largest bank, will hold stablecoin reserves. DBS and its cryptocurrency tiesThe recent move is expected to deepen the bank’s roots in the cryptocurrency sector. Highlighting the bank’s future plans, Evy Theunis, head of digital assets at DBS, said: We look forward to partnering leading stablecoin issuers for their cash management and reserve custody needs if t...
Invezz
In a notable step in the cryptocurrency payment industry, Coinbase exchange has joined forces with Stripe to facilitate USD Coin (USDC) transactions on the Base network. The Coinbase layer2 network Base will capitalize on Stripe’s capabilities to enable smooth cryptocurrency transactions. Base is Coinbase’s layer2 blockchain that boasts a user-friendly environment for developers to build dApps. Besides catering to Coinbase’s on-chain products, Base is an open-source network for external creators to build on. According to Coinbase, the collaboration with Stripe aims to bolster on-chain adoption...
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In un panorama normativo in rapida evoluzione, Kraken, un importante exchange di criptovalute con sede negli Stati Uniti, ha affermato con fermezza che non ha intenzione di rimuovere Tether (USDT) dalle sue piattaforme europee. Questo annuncio arriva in risposta alle notizie di Bloomberg secondo cui Kraken stava “riesaminando attivamente” il supporto della stablecoin USDT di Tether sulla sua piattaforma europea a causa del controllo normativo che circonda l’uso delle stablecoin nell’Unione Europea (UE). Kraken fa chiarezza sulle voci sul delisting di Tether (USDT).Mark Greenberg, responsabile ...
Invezz - IT
In einem sich rasch entwickelnden Regulierungsumfeld hat Kraken, eine führende Kryptowährungsbörse mit Sitz in den USA, klar erklärt, dass sie keine Pläne hat, Tether (USDT) von ihren europäischen Plattformen zu nehmen. Diese Ankündigung erfolgt als Reaktion auf Bloomberg-Berichte, denen zufolge Kraken die Unterstützung des Stablecoins USDT von Tether auf seiner europäischen Plattform „aktiv prüft“, da die Verwendung von Stablecoins in der Europäischen Union (EU) strengen behördlichen Vorschriften unterliegt. Kraken stellt Gerüchte zur Dekotierung von Tether (USDT) klarMark Greenberg, Krakens ...
Invezz - DE
Ondanks dat de dag met een daling begon, heeft Pyth Network (PYTH) zich hersteld en handelt het momenteel de afgelopen 24 uur 20% hoger. De prijsschommeling van vandaag werd beïnvloed door een grote ontgrendeling van tokens en de release van een nieuwe LISUSD/USD-prijsfeed. Pyth Network (PYTH) token-ontgrendelingIn de ochtend kende de PYTH-prijs een aanzienlijke prijsdump als gevolg van een omvangrijke token-ontgrendelingsgebeurtenis. Het token daalde naar een dieptepunt van $0,3552 voordat het weer opkwam. Uit gegevens van tokenunlocks.app blijkt dat het Pyth Network op 19 mei om 14:00 UTC aa...
Invezz - NL
Nonostante abbia iniziato la giornata in ribasso, Pyth Network (PYTH) ha recuperato e attualmente viene scambiato in rialzo del 20% nelle ultime 24 ore. L’oscillazione dei prezzi di oggi è stata influenzata da un importante sblocco di token e dal rilascio di un nuovo feed di prezzo LISUSD/USD. Sblocco del token Pyth Network (PYTH).Al mattino, il prezzo di PYTH ha subito un significativo calo dei prezzi a causa di un voluminoso evento di sblocco di token. Il token è sceso al minimo di 0,3552 dollari prima di risalire. I dati di tokenunlocks.app mostrano che la rete Pyth ha sbloccato token per u...
Invezz - IT
Obwohl Pyth Network (PYTH) den Tag mit einem Rückgang begann, hat es sich erholt und wird derzeit im Vergleich zu den letzten 24 Stunden um 20 % höher gehandelt. Die heutige Preisschwankung wurde durch eine wichtige Token-Freischaltung und die Veröffentlichung eines neuen LISUSD/USD-Preis-Feeds beeinflusst. Entsperrung des Pyth Network (PYTH)-TokensAm Morgen erlebte der PYTH-Preis aufgrund eines umfangreichen Token-Freischaltereignisses einen erheblichen Preissturz. Der Token fiel auf einen Tiefststand von 0,3552 $, bevor er wieder anstieg. Daten von tokenunlocks.app zeigen, dass das Pyth-Netz...
Invezz - DE
In a rapidly evolving regulatory landscape, Kraken, a prominent US-based cryptocurrency exchange, has firmly stated that it has no plans to delist Tether (USDT) from its European platforms. This announcement comes in response to Bloomberg reports that Kraken was “actively reviewing” supporting Tether’s USDT stablecoin on its European platform because of the regulatory scrutiny surrounding the use of stablecoins in the European Union (EU). Kraken clarifies on Tether (USDT) delisting rumoursMark Greenberg, Kraken’s Global Head of Asset Growth and Management Business, has made it clear that Krake...
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Despite starting the day on a decline, Pyth Network (PYTH) has regained and is currently trading 20% higher over the past 24 hours. Today’s price swing was influenced by a major token unlock and the release of a new LISUSD/USD price feed. Pyth Network (PYTH) token unlockIn the morning, PYTH price experienced a significant price dump due to a voluminous token unlock event. The token dropped to a low of $0.3552 before resurging. Data from tokenunlocks.app shows that the Pyth Network unlocked $935.52 million worth of tokens (2.13 billion PYTH tokens) on 19 May at 2:00 PM UTC as part of a cliff un...
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Tether CEO Paolo Ardoino has slammed Ripple CEO Brad Garlinghouse’s remarks that the US government is “going after” Tether (USDT) as mere “FUD.” The Tether CEO also hit back at Garlinghouse as a CEO at the helm of a company currently under investigation by the US Securities and Exchange Commission (SEC). UDST is the world’s largest stablecoin, currently leading the market with over $111 billion in value. Tether also issues other stablecoins including one pegged against the Euro. Meanwhile, Ripple is an enterprise blockchain and cryptocurrency solutions provider and the company behind XRP. SEC ...
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