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#Stablecoins
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There is a lot of competition between stablecoins. And now, it seems, the victory is for USDC.
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Ukrainian construction company DIM has begun accepting stablecoins. When drawing up a contract, the norms of Ukrainian legislation are taken into account.
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In order to protect investors, after the collapse of the Terra project, the Japanese authorities decided to give stablecoins legal status.
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Cryptocurrency exchange Kucoin plans to release its own Web3 wallet integrated with Windvane NFT platform.
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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.
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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.
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The most popular stablecoin is still Tether (USDT). This cryptocurrency is in 1st place in the TOP. 2nd place - BUSD, and 3rd - USDC.
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Such data were released by its representatives during the Hong Kong Fintech Week conference
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Treasury Department Releases Stablecoin Risk Report
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The head of the SEC said that the American regulator does not intend to impose a ban on cryptocurrencies