Binance, the worlds largest cryptocurrency exchange by volume, announced the listing of a new stablecoin called FDUSD. This decision comes amidst contrasting statements made by Binance CEO Changpeng Zhao (CZ) on the stability of stablecoins.
The...
Binance,
which initially targeted relaunching its crypto exchange services in Japan last
month, now has its eyes set on August 2023 for the rollout. Changpeng Zhao, the
Founder of the world’s largest digital asset exchange, disclosed this...
Timothy Massad, the former CFTC chairman, highlighted the benefits of stablecoins and urged regulators not to discredit their utility when it comes to regulations.
The upcoming FCA meeting is aimed at providing regulatory clarity for the digital asset ecosystem — cryptocurrencies, blockchain development and stablecoin payments.
Tether (USDT) received a low rating from independent nonprofit stablecoin rating agency, Bluechip, due to its lack of decentralization and governance issues. Bluechip suggested improvements for Tether to upgrade its rating.
The post Tether (USDT)...
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