Lai Tran April 28, 2025 0 Comments

US dollar to face growing competition for stablecoin dominance: Tether co-founder

While United States dollar-denominated stablecoins dominate the stablecoin and real-world asset (RWA) tokenization game, other competitors are coming into play, according to Tether co-founder Reeve Collins.  Speaking to Cointelegraph in Dubai, Collins said that while USD-backed stablecoins may currently dominate, other currencies and assets may compete to back stablecoins. He said:  “The stablecoin definitely helps […]

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Lai Tran April 28, 2025 0 Comments

Ray Dalio says global monetary order ‘on the brink’ of breakdown

Legendary investor Ray Dalio has said the world is “on the brink” of the global monetary order breaking down, which is being accelerated by the Trump administration’s tariff disruptions. The trade tensions are fracturing the monetary, political and international world orders by fueling deglobalization and unsustainable trade imbalances, Dalio, the former CEO of hedge fund […]

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Lai Tran April 28, 2025 0 Comments

Crypto group asks Trump to end prosecution of crypto devs, Roman Storm

The crypto lobby group, the DeFi Education Fund, has petitioned the Trump administration to end what it claimed was the “lawless prosecution” of open-source software developers, including Roman Storm, a creator of the crypto mixing service Tornado Cash. In an April 28 letter to White House crypto czar David Sacks, the group urged President Donald […]

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Lai Tran April 28, 2025 0 Comments

Mastercard links with Circle, Paxos for merchant stablecoin payments

Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos.  Through the venture, 150 million merchants across the Mastercard network will now have the option to receive payments in stablecoins, regardless of how a customer pays, Mastercard said […]

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Lai Tran April 28, 2025 0 Comments

Ethereum Foundation shuffles leadership, splits board and management

The Ethereum Foundation, which backs the development of the Ethereum blockchain, has overhauled its leadership structure to separate the responsibilities of its management team and board of directors. The board will act as the “security council to protect the heart and soul” of the foundation and set visions for Ethereum, while the new management will […]

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