#stablecoins

Highlights: Russia unveils plans for dual crypto exchanges and stablecoins to aid borderless transactions. The stablecoins will cover the Yuan and BRICS payment system, underscoring a far-reaching target. Legal experts raised concerns about the initiatives’ regulation, with solutions to bypass […]

Highlights: Between 2022 and 2024, Bitcoin dominance surged from 38% to 56%. While Bitcoin dominance saw remarkable upgrades, altcoins, Ethereum, and Stablecoins registered declining market influence. Bitcoin dominance surge signifies impacts from the flagship crypto asset’s market actions. Amid its […]

The Russian Government plans to legalize stablecoins to facilitate cross-border payments. Given the U.S. sanctions imposed after the Ukraine-Russia conflict, this move will simplify Russia’s international funds transfers as an alternative.  A report published by state-run media outlet Izvestia uncovered […]