Circle announced today that its stablecoin, USD Coin (USDC), is now available in Brazil and Mexico through the national real-time payment systems, PIX and SPEI, respectively. This integration allows direct access to USDC using local currency, reals in Brazil and pesos in Mexico, without the need to first convert to US dollars. According to the … Read more
Key facts: The e-commerce giant hopes to offer its cryptocurrencies in all the countries where it operates. “We need the regulation to change,” said a MercadoPago executive about Argentina. Almost a month after Mercado Libre, the multinational e-commerce company, launched its own stablecoin called Meli Dólar in Brazil, the company is preparing to offer it … Read more
Key facts: The USDC Bridge token is compatible with the Ethereum Virtual Machine and is a proxy for native USDC. According to the companies, the association aims to promote “fast, secure and borderless” transactions. Tech giant Sony and USD Coin (USDC) issuing company Circle have partnered to integrate the stablecoin into the recently launched Soneium … Read more
The popularity of the TON blockchain (The Open Network) is growing. This can be explained in principle by the low transaction fees on this network. In this regard, another interesting fact is that the average transaction amount that users are making on TON does not exceed 100 dollars, which would reveal the increase in daily … Read more
Key facts: Since 2023, the United Kingdom recognizes the Bitcoin ecosystem as a financial activity. The court considers that USDT can constitute property, as is the case with other assets. The UK High Court has officially recognised USDT, the stablecoin of Tether Limited, as a form of property. In a court document In the case … Read more
Amidst new accusations about the status of its reserves, new studies demonstrate the popularity that the stablecoin USDT has achieved as an alternative for savings and a gateway to the bitcoin (BTC) market and other cryptocurrencies. As the study conducted by Visa points out, the data collected They show the growing adoption of stablecoins – … Read more
Within the framework of the de-dollarization efforts being undertaken by the group of countries that make up the BRICS alliance (initially made up of Brazil, Russia, India, China and South Africa), the establishment of a joint payment mechanism – which facilitates international trade – will be one of the key issues to be discussed at … Read more
According to the results of a survey conducted by German bank Deutsche Bank, users of Bitcoin (BTC) and other cryptocurrencies are less optimistic than at the beginning of the year regarding the future of the market. There is a pessimistic sentiment about the short-term outlook for bitcoin, while there is little hope for the survival … Read more
Key facts: Soneium is an Ethereum layer 2 network launched by tech giant Sony Group. Sony Bank is reportedly evaluating Japan’s legal conditions for allowing the use of the digital yen. Soneium, Ethereum’s second layer (L2) network, will launch a stablecoin linked to the Japanese yen together with Sony Bankone of the largest online banks … Read more
Tron announced today the creation of a Financial Crimes Unit “T3” that will attempt to combat illicit activity linked to the use of the stablecoin USDT on its network. The anti-crime unit was created together with Tether, the issuing company of the stablecoin USDT, and the company specializing in fraud and financial crime prevention in … Read more