Stablecoins

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Tether Moves to El Salvador

Tether has announced that it will be establishing its headquarters in El Salvador, a country known for its bitcoin-friendly approach.

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Ripple Joins Forces with Chainlink to Boost RLUSD

Ripple’s stablecoin for enterprises, RLUSD, is receiving a significant boost from the widely-used Chainlink oracle network, as Ripple looks to introduce RLUSD to the decentralized finance (DeFi) world.

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Tether Moves $780M in BTC to Reserves

Tether has transferred approximately $780 million worth of Bitcoin into its corporate reserve — the largest transaction since March.

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Hong Kong Sends Stablecoins Bill to Legislative Council

Hong Kong is taking steps to establish a clear regulatory framework for cryptocurrencies.

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Coinbase Sued for Delisting wBTC

BiT Global Digital Limited has filed a lawsuit against Coinbase, a well-known cryptocurrency exchange, seeking over $1 billion in damages.

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Binance Joins Forces with Circle to Drive USDC Stablecoin Adoption

In an effort to drive the overall adoption of the USDC stablecoin, Binance, the largest cryptocurrency exchange in the world, has teamed up with stablecoin leader Circle.

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Ripple’s RLUSD Receives Approval from New York Regulator

Ripple’s CEO, Brad Garlinghouse, has officially announced that the New York State Department of Financial Services (NYDFS) has granted approval for RLUSD, their USD-pegged stablecoin.

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FSOC Warns Stablecoins Threat Stability

The Financial Services Oversight Council (FSOC) has raised concerns about the potential threat of stablecoins to the stability of the financial system.

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