Stripe Tests New Stablecoin Project as $3.7T Market Looms
Stripe CEO Patrick Collison said a stablecoin tool for companies outside US, UK and EU is ready for testing.
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Stripe CEO Patrick Collison said a stablecoin tool for companies outside US, UK and EU is ready for testing.
DeFi Development Corp. plans to use proceeds to bolster its Solana-focused treasury strategy and fund corporate initiatives.
Like the other U.S. bank agencies, the Fed has swept the decks of previous directives to bankers that they get sign-offs from the regulator for crypto activity.
The firm, formerly known as Janover, continued its buying spree for its long-term crypto holdings acquiring locked SOL tokens below spot prices
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The funds will be used for strategic initiatives and general corporate purposes, and cash drawn from the line will carry at least a 7.75% interest rate.
Tesla does not seem to have sold any digital assets in the last quarter.
Turkey’s President Erdogan’s experience with central bank interference serves as a warning, as it led to a currency collapse and increased investment in bitcoin and stablecoins.
Despite the price increase, the token is still down over 88% from its peak and investors have lost a total of $2 billion.
The tax would apply to profits from selling crypto for fiat currency or goods and services, but not to swapping one cryptocurrency for another.