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Tron’s Tether Volume Competes With Visa’s Daily Transactions Amid Crypto Slump

According to data from the X account Lookonchain, the 24-hour trading volume of tether on the Tron network has surpassed Visa’s average daily transaction volume. Additionally, despite a general downturn…

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Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly

According to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $100 billion to $1 trillion per month. Data Highlights…

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Crypto Exchanges Brace for EU’s MiCA Rules: Stablecoins Delisted by Uphold, Binance

This month, several cryptocurrency exchanges are delisting certain stablecoins to align with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which establish more stringent rules for fiat-backed and algorithmic stablecoins…

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Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely

According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have…

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Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens

On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart contract. The Holograph team has patched the initial exploit and is…

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Nigerian Interest in Crypto Persists Despite Crackdown; Meme Coins Prevail in Country’s North

In the northern states of Katsina and Borno, residents are increasingly interested in the meme coin dogecoin. Meanwhile, in Delta State, known for its financial services leaders, bitcoin garners significant…

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$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total

Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the…

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Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin

Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled…

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Tether announces $18.75M investment in XREX Group to boost crypto adoption and financial inclusion

Tether announced a strategic $18.75M investment in XREX, aiming to enhance cross-border payments and promote financial inclusion. The post Tether announces $18.75M investment in XREX Group to boost crypto adoption…

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