Reuters: China Prepares Plan for Renminbi Expansion via Stablecoins
TL;DR Policy Shift: China plans yuan-pegged stablecoins to boost the renminbiās global role, reversing its 2021 crypto ban. Key Hurdles: Capital controls and low global payment
Latest news about Blockchain and Cryptocurrencies focused on companies in the sector.
More and more companies are starting to use blockchain and are entering the world of cryptocurrencies, which makes this technology increasingly closer to being used by the people.
In this section, we will publish the latest news about the companies that use or want to start using blockchain in their day to day, the mergers and collaborations of these and all the news of interest always under the journalistic rigor that characterizes us.
TL;DR Policy Shift: China plans yuan-pegged stablecoins to boost the renminbiās global role, reversing its 2021 crypto ban. Key Hurdles: Capital controls and low global payment
TL;DR Morningstar DBRS warned that incorporating bitcoin and other cryptocurrencies into corporate treasury reserves significantly increases companiesā credit risk. The concentration of holdings, asset volatility, liquidity
TL;DR Windtree Therapeutics, a Pennsylvania-based biotech firm, has been delisted from the Nasdaq after its stock price collapsed below compliance levels, despite announcing a $700 million
TL;DR Milestone: Kraken fully migrates Ethereum staking to DVT clusters via SSV Network, boosting decentralization and fault tolerance. Security: Keys split among operators, with distributed generation
TL;DR Integration: Bitget Wallet adds Aerodrome DEX on Base, enabling ināapp swaps, liquidity provision, and rewards for cbETH and cbBTC. User Access: New Base ecosystem zone
TL;DR Launch: Aave debuts on Aptos with USDC, USDT, APT, and sUSDe, backed by liquidity incentives and Chainlink oracles. Security: Rebuilt in Move with multiple audits,
TL;DR Launch: MetaMask introduces mUSD, a Stripeāissued, dollarābacked stablecoin debuting on Ethereum and Linea with full ecosystem integration. Utility: Planned use in MetaMaskās Mastercard debit card
TL;DR Launch: DBS issues $1,000ādenominated tokenized structured notes on Ethereum, starting with cryptoālinked participation notes offering upside potential and downside protection. Partnerships: Distributed via ADDX, DigiFT,
TL;DR Launch and Crash: Kanye Westās Solana-based YZY token surged to a $3B market cap before plunging nearly 60% to around $1.05, with $935M in daily
TL;DR Expansion: Kraken is taking its xStocks to TRON with Backed and TRON DAO, marking its third blockchain integration in under two months. Impact: TRON users
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