Binance Burns $740M in BNB Tokens
Crypto exchange Binance has burned 1,839,786.26 BNB, including 9,403.78 BNB through the Pioneer Burn program.
China to Expand Digital Yuan Testing Program
The People’s Bank of China (PBOC) will expand the digital yuan (e-CNY) pilot test to even more cities.
Fantom Network Will Launch the Algorithmic Stablecoin USDB
The Fantom project has announced it will launch its stablecoin USDB with high-yield liquidity pools as collateral.
Tether is to Launch a 100 Million Swiss Francs Fund at Blockchain Hub in Lugano
Tether, one of the participants in the “plan ₿” project for the Swiss city of Lugano, has announced it plans to launch a fund of at least 100 million Swiss francs.
ANZ Bank Releases A$DC Stablecoin Pegged to Australian Dollar
Australian bank ANZ Bank has announced it has launched an Ethereum-based A$DC stablecoin pegged at a ratio of 1:1 to the Australian dollar.
USDC Stablecoin Issuer Blocks Russia-related Fiat Payments Due to War in Ukraine
The issuer of the stablecoin USD Coin (USDC), developed by Circle, has just announced on its website that in accordance with the international community’s sanctions requirements, it will block Russia-related fiat payments. According to the announcement: “In response to the extraordinary events following Russia’s invasion of Ukraine, the United States and the United Kingdom have imposed expansive economic sanctions designed […]
