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  • Market Cap: $2,353,982,587,477.12
  • 24h Vol: $138,843,140,345.97
  • BTC Dominance: 56.48%

Stablecoin

binance-us-to-delist-tron-and-spell-tokens-amid-heightened-regulatory-pressure

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

Leave a Comment / Abracadabra.money, banking partner, Binance.us, Bitcoin, Bittrex, Blockchain, CFTC, Crypto Hacked, crypto market, Cryptocurrency, cryptocurrency businesses, Cryptocurrency Exchange, Cryptocurrency regulations, decentralized finance, delisting, Digital Assets, Ethereum, external attacks, internal attacks, Investors, KuCoin, Liquidity, Magic Internet Money, Market Cap, market manipulation, market volatility, network resilience, New York Attorney General, News, Regulatory, regulatory uncertainty, risk profile, SEC, SPELL, Stablecoin, trading, TRC20, tron, unregistered security, US operations, volume / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC) […]

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latam-insights-—-alliance-against-inflation,-btg-pactual-launches-stablecoin,-and-argentina-debuts-new-dollar

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

Leave a Comment / Andres Manuel Lopez Obrador, Argentina, Bitcoin, Brazil, BTG pactual, Crypto Hacked, Cryptocurrency, Dollar, Ethereum, inflation, Latin America, Mexico, News, report, Stablecoin, Venezuela / / / , , , , , , , , , , ,

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged stablecoin, and Argentina launches yet another dollar exchange rate. Latin American Nations Sign Pact

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar Read More »

‘over-collateralization-can-help-mitigate-the-risk-of-stablecoin-depegging’-—-pendulum-cto

‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO

Leave a Comment / Automated Market Maker, Bitcoin, Blockchain, CBDC, central bank digital currencies, Crypto Hacked, Cryptocurrency, decentralized finance, depeg, Ethereum, financial inclusion, forex market, Interview, KYC, on-ramps, Pendulum, Regulation, Stablecoin, Unbanked / / / , , , , , , , , , , , , , ,

Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more traditional financial institutions on board once “a substantial amount of liquidity

‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO Read More »

noble-partners-with-circle-financial-to-integrate-usdc-on-cosmos-blockchain

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

Leave a Comment / adoption, Algorand, Arbitrum, Asset, Avalanche, Bitcoin, Blockchain, Bridged, Bridges, Bridging USDC, Challenges, Circle, Circle Financial, collateralized, Cosmos, Cosmos Noble, Cosmos USDC, Crypto Hacked, Cryptocurrency, Decentralization, Digital, Ecosystem, Ethereum, Fantom, Fiat-backed, Finance, Flow, hedera, Hosted, IBC, Innovation, integration, interoperability, issuance, Liquidity, market, native, Native USDC, NEAR, networks, News, Noble, Noble Cosmos, partnership, Polygon, protocol, Solana, Stablecoin, Stellar, Technology, Token, tron, usd coin, USDC, USDC Cosmos / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to

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Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

Leave a Comment / Arrest, Bitcoin, Case, ceo, co-founder, collapse, counterfeited, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, do kwon, Documents, Ethereum, extradition, fake, forged, founder, Haris Šabotić, Investigation, Kwon, LUNA, Montenegro, News, passport, Podgorica, prosecutor, prosecutor's office, Šabotić, Stablecoin, terraform labs, TerraUSD / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the

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binance-experiences-significant-btc,-eth,-and-stablecoin-withdrawals-following-cftc-lawsuit

Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit

Leave a Comment / 24 hours, Balances, Binance, Binance Withdrawals, Bitcoin, Bitcoin (BTC), BTC deposits, BTC Withdrawals, BUSD, CFTC, CFTC lawsuit, civil complaint, Coinbase, Coinglass, Compliance, Crypto Hacked, Cryptocurrency, CZ, deposits, derivatives, Dune Analytics, Ethereum, Exchange, Exchange Balances, Exchange Outflow, Lawsuit, Nansen, News, Onchain data, Onchain stats, outflow, Proof of Reserves, Reserve balances, reserves, Stablecoin, trading, Withdrawals / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99 million were withdrawn over the

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Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

Leave a Comment / ACH, banking partner, banking partners, Banking system, Bankprov, Bitcoin, bridge banks, Circle Financial, Coinbase, corporate funds, Cross River Bank, Crypto Hacked, crypto industry, crypto-friendly banks, Cryptocurrency, Customer Funds, Customers Bank, deposits, Ethereum, Evolve Bank & Trust, FDIC, federal bailout, First Foundation Bank, Jeremy Allaire, Joe Biden, Larry Cermak, nation, new banking partners, News, OKcoin, Parity, Quontic bank, Reassurance, scramble, Signature Bank, Silicon Valley Bank, Stablecoin, Sutton Bank, U.S. exchange, U.S. Federal Reserve, U.S. president, US Dollar, USD, USDC, wire transfers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount importance to Circle,” Allaire emphasized. Crypto Firms Scramble for

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits Read More »

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Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Leave a Comment / Asset, Binance, Binance BUSD, Bitcoin, bnb, BTC, BUSD, Changpeng Zhao, circulating supply, conversion, Crypto Hacked, Cryptocurrency, CZ, Decision, depegging, depegging incidents, ETH, Ethereum, exchange portfolio tool, fund, Industry Recovery Initiative, Investors, Nansen, News, Onchain movements, Parity, Paxos, Reassurance, Regulators, safe, Silicon Valley Bank, Stablecoin, Stablecoin Prices, Stablecoins, SVB, Transparency, troubles, USDC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles

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usdc-stablecoin-nears-parity-with-usd-after-fed’s-bailout-announcement

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

Leave a Comment / Bitcoin, BNY Mellon, Circle CEO, Crypto Hacked, crypto swaps, Cryptocurrency, DAI, depegging, Economy, Ethereum, Fed, Federal Reserve, Financial regulators, fractional banking system, FRAX, Global Trade Volume, GUSD, Jeremy Allaire, liquidity operations, LUSD, market confidence, Market Values, minting, News, potential, public statement, redemption, reserves, risks, SEN network, Settlements, Signature Bank, Signet, Silicon Valley Bank, Stability, Stablecoin, Twitter, US Central Bank, USD, USDC, USDD, USDP / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank.

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement Read More »

usdc-dominated-trading-volume-on-decentralized-exchanges-amidst-depegging-incident

USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident

Leave a Comment / Auto-Conversion, Binance, Bitcoin, BitPay, Coinbase, coingecko.com, Crypto, Crypto Hacked, Crypto.com, Cryptocurrency, Curve, DAI, decentralized exchange, depegging, DEX, Ethereum, FRAX, Global Trade Volume, GUSD, Kraken, KuCoin, Market Updates, MIM, Pancakeswap, Pancakeswap v2, Payment processor, Stablecoin, Stableswap, Tether, trading, uniswap, uniswap v3, US Dollar, USDC, wrapped ether / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether,

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