Dirham stablecoin DRAM hits Uniswap, developed by relaunched Distributed Technologies Research
[ad_1] A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked to the United Arab Emirates’ native currency. Cointelegraph reached out to Akshay Naheta, founder and CEO of Distributed Technologies Research (DTR) following...
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Stablecoin Issuer Paxos Faces NYDFS Probe
[ad_1] Paxos Trust Co., the issuer of Binance’s stablecoin, is facing an investigation by the New York State Department of Financial Services (NYDFS), one of the most stringent state regulators in the United States, Bloomberg reported. There is no official confirmation on the investigation either from the regulator or...
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TRON Upbeat And Registers $1 Billion In Stablecoin Inflow
[ad_1] TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a significant price movement. Let’s consider this summary: TRON’s seven-day jump was less...
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Fact Check: USD Coin is the largest regulated stablecoin in the world
[ad_1] We all need to work together to move crypto adoption forward, and it’s important that we all start with facts. So we have to correct the record after reading the article titled “A Regulated Stablecoin Means Having a Regulator” by Dan Burstein, Chief Compliance Officer of Paxos. In...
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