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Stablecoins are the cryptocurrencies pegged to fiats (usually $1) and are less volatile kept safely by a central custodian such as a bank.
Binance, one of the largest cryptocurrency exchanges, has nearly $1 bln worth of ERC-20 stablecoins in its coffers
FTX, one of the leading derivatives exchanges, offers futures trading for Tether Gold (XAUT)
The gold-pegged Tether stablecoin (XAU₮) has reached a market cap of $21 million, pulling ahead of its nearest rival and aiming to become the biggest gold-backed coin
JPMorgan Chase published its annual report on the blockchain development worldwide. Mostly, it covers the adoption models, use-cases and challenges the technology faces
The analytical agency Weiss Ratings is singing praises to Cardano again, saying that the platform is working on a ‘fresh new perspective’ for crypto