Tag: USDC
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The Rising Dominance of Stablecoins in the Cryptocurrency Market
In the volatile world of cryptocurrencies, stablecoins have emerged as a beacon of stability, designed to offer the benefits of digital currency without the wild price swings associated with assets like Bitcoin and Ethereum. With a total market capitalization of approximately $136.60 billion, stablecoins now represent 7.61% of the entire cryptocurrency market cap. This remarkable…
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The World of Stable Coins and Crypto Tethering
Cryptocurrencies are known for their volatility, which makes them risky to use as a store of value or a means of exchange. However, stable coins and crypto tethering aim to address this issue by providing a stable value to users. In this blog post, we will explore some examples of crypto tethering and stable coins.…
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MoneyGram Announces Innovative Partnership with the Stellar Development Foundation to Utilize Blockchain Technology
Partnership enables digital wallets connected to the Stellar network to access MoneyGram’s global retail platform, providing a bridge between digital assets and local currencies for consumers Partnership will also revolutionize settlement flows by facilitating near-instant settlement in USDC DALLAS and SAN FRANCISCO – October 6, 2021 — MoneyGram International, Inc. (NASDAQ: MGI), the global leader in the…