#Stablecoins

There is a lot of competition between stablecoins. And now, it seems, the victory is for USDC.

Ukrainian construction company DIM has begun accepting stablecoins. When drawing up a contract, the norms of Ukrainian legislation are taken into account.

In order to protect investors, after the collapse of the Terra project, the Japanese authorities decided to give stablecoins legal status.

Cryptocurrency exchange Kucoin plans to release its own Web3 wallet integrated with Windvane NFT platform.

After the epic collapse of the Terra cryptocurrency due to problems with the algorithmic stablecoin UST, the digital asset community decided to launch a new network. All investors will receive a new LUNA token.

In the Russian Federation, the volume of cryptocurrency trading has decreased. The traffic of digital assets on March 18 fell by 2 times. Transfers in rubles to Tether also decreased to $7.4 million, and previously the maximum was $38 million.

The most popular stablecoin is still Tether (USDT). This cryptocurrency is in 1st place in the TOP. 2nd place - BUSD, and 3rd - USDC.

Such data were released by its representatives during the Hong Kong Fintech Week conference

Treasury Department Releases Stablecoin Risk Report

The head of the SEC said that the American regulator does not intend to impose a ban on cryptocurrencies