Stablecoin

Stablecoin

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Closing Arguments Start in Sam Bankman-Fried's Trial; Could Bitcoin Reach $150K by 2025?

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including Bernstein's latest bitcoin (BTC) price prediction. Circle is curbing service for individual accounts to mint stablecoins. And, the latest legal developments as FTX founder Sam Bankman-Fried's trial nears its end.

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USDC Issuer Circle Curbs Stablecoin Minting for Retail Users

USDC issuer Circle Internet Financial said Tuesday it is curbing service for individual accounts to mint stablecoins. "Circle is phasing out support for legacy consumer accounts and has notified individual consumers of this decision," a Circle spokesperson told CoinDesk in an email. "Account closures do not apply to business or institutional Circle Mint accounts."

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Circle’s Chief Strategy Officer on Future of Stablecoins, Crypto Regulation

As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., Circle's Chief Strategy Officer and Head of Global Policy Dante Disparte discusses the future of stablecoins and the regulatory implications around the $123 billion asset class. This comes as Circle released an upgrade for its Web3 programmable crypto wallet that allows merchants to take over and pay for their customers' transaction fees.

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Pananalapi

Nilalayon ng Tether na I-publish ang Reserve Data sa Real-Time sa Mga Paparating na Taon: Ulat

Ang Tether ay nagkaroon ng $3.3 bilyon na labis sa mga reserba sa pagtatapos ng Q2.

Tether freezes $225 million worth of its stablecoin (Jorge Salvador/Unsplash)

Opinyon

Mga Panganib ng U.S. na Naglalabas ng Ikalawang 'Eurodollar' Market kung Nagdadala ito sa Regulasyon ng Stablecoin

Ang katiyakan sa regulasyon ng Europa ay maaaring makaakit ng USD stablecoin market, isinulat ni Jón Egilsson, dating tagapangulo ng Icelandic Central Bank at co-founder ng Monerium.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Tech

Ang Token ng Stablecoin Lender Liquity ay Nagkakaroon ng 80% sa Buwan habang Tumataas ang Aktibidad

Halos dumoble ang presyo ng token ng LQTY . Kasama sa mga salik na binanggit ang paglago sa aktibidad at isang A rating mula sa Bluechip.

(Jayashreee/Creative Commons)

Patakaran

Bakit Gustong Mag-isyu ng mga Stablecoin sa Japan ang Binance at Banking Giant MUFG

Nais ng Binance Japan at Mitsubishi UFJ bank na tumulong sa mga ambisyon ng Web3 ng bansa sa pamamagitan ng pag-isyu ng mga stablecoin.

(Shutterstock)

Tech

Ang Euro-Pegged Stablecoin ng Circle ay Magagamit na Ngayon sa Stellar Network

Ang Stellar ay ang pangatlong blockchain na magagamit upang magpadala at tumanggap ng euro-pegged stablecoin ng Circle pagkatapos ng Ethereum at Avalanche.

Jeremy Allaire, Co-Founder, Chairman and CEO. (Shutterstock/CoinDesk)

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Timing Is Right for a Euro Stablecoin to 'Emerge' and Gain 'Momentum': Keyrock CEO

European Central Bank's president Christine Lagarde thinks a digital euro is at least two years away. Keyrock CEO Kevin de Patoul discusses the need for a euro stablecoin and the path ahead to a clear regulatory framework. Plus, his thoughts on KeyRock receiving Swiss regulatory clearance from a government-approved standards body.

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Former CFTC Chair Giancarlo: There's a 'False Choice' Between CBDCs and Stablecoins Regarding Privacy

The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency (CBDC). Former CFTC chairman and Willkie Farr & Gallagher LLP senior counsel J. Christopher Giancarlo weighs in. "There's a false choice between stablecoins and central bank digital currencies when it comes to privacy," Giancarlo said.

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