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First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui 

The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at…

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Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project

According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with…

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Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum Ecosystems

Blockchain solutions company Ripple has unveiled its strategy to launch a stablecoin pegged to the U.S. dollar, aiming to boost liquidity on the XRP Ledger. Ripple Set to Introduce U.S.…

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Families Worth up to $100 Million Prefer Algorithmic Cryptocurrencies to Tokens — Study

Families with a net worth of up to $100 million exhibit a strong preference for algorithmic cryptocurrencies over tokens (4.32% versus 0.92%), a new study has found. The study cites…

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UK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto Exchange

The U.K. and the U.S. are reviewing tether transactions, valued at $20 billion, processed by the sanctioned cryptocurrency exchange Garantex. Digital currency transactions and crude oil sales are believed to…

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Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility

In a recent development, the Bitfrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by…

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