Sony Ventures into Cryptocurrency Realm with Upcoming Stablecoin Launch! Explore the Exclusive Details Here
Sony Bank pioneers stablecoin trial on Polygon blockchain, exploring financial innovation and Web3 integration.
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Sony Bank pioneers stablecoin trial on Polygon blockchain, exploring financial innovation and Web3 integration.
Tether, the world's leading stablecoin issuer, is undergoing a leadership shift, with Paolo Ardoino set to become the CEO in December 2023.
The primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
New rules could kill off permissionless smart contracts, the industry worries.
Coin Center warns of the potential for US authorities to block, restrict, and ban entire asset classes — including cryptocurrency.
A new breed of app-specific stablecoins could be just what DeFi needs.
The bill further states: “No central bank digital currency shall be considered legal tender under section 16 5103 of title 31, United States Code.”
How will this $150 billion industry evolve?
Although USDC is the second largest Stablecoin, it is the most used on-chain Stablecoin in the Crypto space.
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for ransomware attacks and darknet markets.