Dubai recognizes USDC, EURC as first stablecoins under token regime
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.
Original source
Read on CointelegraphRelated market context
Jason Yanowitz: Transparency and trust are vital for crypto growth, tokenization is reshaping financial markets, and regulation is necessary for industry maturity | Bell Curve
Tokenizing assets could revolutionize financial markets by bringing infrastructure on-chain and enhancing transparency. The post J...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
Kraken Enables USDCx Deposits And Withdrawals On Canton Network
TL;DR Kraken has enabled deposits and withdrawals of USDCx on Canton Network. USDCx is backed 1:1 by USDC held in Circle’s xReserv...
Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem
Bitcoin Magazine Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem Metaplanet Inc., Japan’s large...
Rob Hadick Warns Tether and Circle Face Rising Pressure From New Stablecoins
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he...