The Crypto Times

Category : Stablecoin

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Canadian bank plans to launch dollar-backed digital currency ‘in the coming months’

Viena Abdon
In an announcement on Wednesday, VersaBank said it plans to launch a digital currency called VCAD, which will reportedly be backed by Canadian dollars deposited...
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DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital

Viena Abdon
Veteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins. DFX...
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Stablecoin RAI launches, a pure, decentralized alternative for DeFi

Viena Abdon
New Ethereum-backed stablecoin RAI hopes to be the savior of the DeFi sector by providing a truly decentralized stablecoin alternative.  Developed by blockchain startup Reflexer...
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Venus (XVS) rallies 900%, TVL hits $3.54B after Binance Smart Chain launch

Viena Abdon
As decentralized finance continues to increase it hold on the wider cryptocurrency market, Binance Smart Chain (BSC) is beginning to emerge as a suitable option...
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Diem gets closer to launch as Fireblocks and First introduce new payment infrastructure

Viena Abdon
The Diem Association is progressing towards launch with a new technical upgrade that reportedly allows more financial institutions to connect with the payment network.  Crypto...
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Stablecoin adoption and pivot to DeFi drive Algorand (ALGO) price higher

Viena Abdon
In the past few months cryptocurrencies have become a frequent topic of discussion among the mainstream media and traditional investors partially because of the Bitcoin...