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Altcoin NewsNews
Digital financial institution FV Financial institution integrates USDC stablecoin for direct deposits
by Jeremyby JeremyFV Financial institution on Wednesday introduced the launch of a brand new service permitting its account holders to make direct deposits in USDC to the financial institution’s greenback The brand new characteristic permits prospects to obtain USDC on…
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In accordance with the announcement, the alternate will proceed to assist withdrawals of USDC, USDP, and TUSD till 23 and de-list these currencies and their spot market pairs at 06:30 AM UTC on The announcement states:“To boost…
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Usually an missed a part of the cryptocurrency market, stablecoins can be utilized to find out the present state of the Stablecoin steadiness on exchanges represents “dry powder,” or idle liquidity that may turn out to be a robust…
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WazirX formally introduced on Monday that it has stopped deposits of USDC alongside different stablecoins like Pax greenback (USDP) and TrueUSD on the announcement, the platform will as a substitute supply the BUSD stablecoin to reinforce liquidity and capital…
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Altcoin NewsNews
Compound Treasury to let establishments use digital belongings as collateral when borrowing USD or USDC
by Jeremyby JeremyBeginning immediately, to fulfill the rising demand for liquidity, establishments can now borrow from Compound Treasury, utilizing digital belongings as Compound Labs (@compoundfinance) September 14, 2022 Reid Cuming, VP of Compound Treasury stated, “Compound Treasury can now handle demand…
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