Circle CEO praises Ripple for launching own stablecoin on XRP

Jeremy Allaire, the CEO of stablecoin issuer Circle, has welcomed Ripple’s entrance into the market.
Earlier today, crypto firm Ripple revealed plans to launch a stablecoin that would be 100% backed by US dollar deposits, government bonds, and cash equivalents.

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Bitcoin ETF Issuer VanEck Dives Into Stablecoin Market, Must-Know Facts Revealed | Bitcoinist.com

In a move highlighting the growing interest in the stablecoin market, Nick Van Eck, son of investment management veteran Jan Van Eck, is making a significant bet on cryptocurrencies through the family business.

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USDM emerges as Cardano inaugural fiat-anchored stablecoin in a buoyant market

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Binance’s FDUSD market cap hits record high, dethrones USDC in Bitcoin trading volume

The First Digital USD (FDUSD) stablecoin has overtaken Circle-issued USD Coin (USDC) as the second-most popular pair for Bitcoin during the last five months, thanks to the zero-trading fee program on Binance.

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Ethereum LSTs, LRTs, And Stablecoins: Decoding The Effects Of ‘Magic Money’ On Bitcoin And Crypto | Bitcoinist.com

A crypto analyst has provided insights into how the structure of the Ethereum ecosystem could bring Bitcoin and the broader crypto market down.

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