Bank of Canada lays out criteria for ‘good money’ stablecoins
Analysis of the Bank of Canada’s criteria for approving stablecoins, focusing on the implications for the crypto landscape and the definition of “good money.”
stablecoins
Ripple Taps Wormhole To Expand $1.3 Billion RLUSD Stablecoin To Ethereum L2s— Here’s Why That’s Extremely Bullish
Ripple partners with Wormhole to expand $1.3 billion RLUSD stablecoin to Ethereum layer-2 blockchains, a move that is expected to drive growth and adoption.
Circle Acquires Interop Labs, So Why Did Axelar (AXL) Price Dip?
Analysis of Circle’s acquisition of Interop Labs, the initial developer of Axelar, and the subsequent price dip of the AXL token. Explores the reasons behind the market’s reaction and the future prospects for Axelar.
Capital gets selective
The crypto market is experiencing a significant shift with capital becoming more selective, focusing on projects with strong unit economics, and institutional capital showing up on-chain, leading to a more mature and stable market structure.
Do Kwon Could Face Second Trial in Korea After 15-Year US Sentence
Do Kwon, co-founder of Terraform Labs, faces a potential second trial in Korea after receiving a 15-year US sentence for the TerraUSD collapse, with South Korean prosecutors seeking over 30 years for affecting 200,000 local investors.
Stablecoin Use in Venezuela Set to Rise as Bolívar Weakens: TRM Labs
TRM Labs reports that stablecoin adoption in Venezuela is expected to rise due to the weakening Bolívar and ongoing economic instability.
Stablecoin usage in Venezuela likely to keep expanding amid economic instability
Stablecoin usage in Venezuela is expected to continue growing due to economic instability and international sanctions pressure, driving the adoption of cryptocurrencies as a stable store of value and medium of exchange.
Why Crypto Traders Are Rapidly Moving Toward IO DeFi for Reliable Daily Income
Explore why crypto traders are rapidly moving toward IO DeFi for reliable daily income through decentralized cloud-based contracts, driven by the increasing institutional adoption of blockchain.
XRP Stalls Despite Ripple’s OCC Win – Here’s The Institutional Catch
Despite Ripple’s OCC charter win and positive regulatory developments, XRP price remains stagnant. Learn about the institutional challenges hindering its growth.
These Bleak Victim Letters Helped Seal Terra Founder Do Kwon’s Fate
Do Kwon’s 15-year sentence highlights the devastating impact of the Terra/LUNA collapse, with victim letters playing a key role in the judge’s decision. Learn about the implications for the crypto industry and the importance of risk management.