Ondo Finance Plans Yield-Generating Stablecoin Alternative For Institutional Investors
Ondo Finance, a security token start-up, is launching a stablecoin alternative that will pay its holders interest via a tokenized money market fund.
Lysin Finance Set to Introduce Its Stablecoin and Commence Token Pre-Sale
Lysin Finance is thrilled to unveil Erinzi (ENZ) and Lirum (LIR), crafted to enhance the value within the cryptocurrency sphere. The protocol aspires to instill equilibrium in the industry by administering a stablecoin linked to the worth of traditional currency, while employing smart contracts for managing ENZ and LIR equilibrium.
Stablecoin Less Preferable Form of Tokenized Money, BIS Paper Finds
A Bank of International Settlements (BIS) working paper compared models of private tokenized money in terms of their singleness as a complement to a central bank digital currency.
Crypto Morning Briefing: Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad
DEX Aggregator, DODO Now Allows Users to Buy Shiba Inu with Fiat; CryptoCom Adds Support for Bone/Shiba Inu Trading Pair; ApeSwap Announces the Release of ApeSwap V3
Stablecoin Tether's Market Capitalization Nears Record High of $83B
Tether (USDT), the world's largest dollar-pegged stablecoin, is thriving, having survived the Terra-induced turmoil of mid-2022. The market value of the stablecoin continues to rise and is now within a whisker of its record high.
ANZ Bank Completes Carbon Credit Trading Use-Case in Australia's CBDC Pilot
ANZ Bank has completed the first carbon credit trading use-case as part of Australia's central bank digital currency (CBDC) pilot, in partnership with Grollo Carbon Ventures.
Want to Manage a $20 Billion Stablecoin Portfolio? Paxos Is Hiring
Paxos, the stablecoin issuer that's been on the front lines of the U.S. crack down on crypto, is looking for help managing its reserves and is seeking a new "Head of Portfolio Management," according to a job listing on LinkedIn posted five days ago.
March 2023 Monthly Recap
March proved to be a tumultuous month for the crypto industry, given the increasing collective scrutiny from regulators that many in the industry have dubbed ‘Operation Choke Point’.
Stablecoin Issuer Tether Was Client of Signature Bank to Serve U.S. Customers: Bloomberg
Tether, the world's biggest stablecoin issuer, used Signature Bank to transfer U.S. dollar funds from the U.S. to the Bahamas, Bloomberg reported.
Crypto Morning Briefing: Hong Kong Signals Licensing Over 8 Crypto Companies by Year-End
Tron Founder Justin Sun Reportedly Lost His Diplomatic Status; Magic Eden’s New Bitcoin NFT Marketplace Dominates Ordinals Market; Hong Kong Turns to Japan for Advice After ‘Mind-Boggling’ Web3 Influx
