Tether Backed a $134M SKY Crypto Token Deal: What It Says About Stablecoin Power

Tether just confirmed it backed a $134 million private placement in Stablecoin Development Corporation, a publicly-traded company that exists specifically to give stock market investors exposure to the stablecoin sector, particularly through Sky Crypto Protocol and its USDS token. That’s the surface story. The deeper story is what it...
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Circle CEO Flags ‘Tremendous Opportunity’ For Yuan Stablecoin

Circle Internet Group (NYSE:CRCL) CEO Jeremy Allaire said China could launch a yuan-backed stablecoin within three to five years, calling it a “tremendous opportunity” as digital money integrates into global trade. The Yuan Play China wants to expand the yuan’s role in the global financial system, and stablecoins have...
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