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Noble and Celestia partner to introduce native Cosmos stablecoin

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Noble and Celestia have announced their partnership to bring native stablecoin utility, notably Circle’s USDC, into the Cosmos ecosystem, a development expected to enhance liquidity and reduce volatility risks. In the DeFi landscape, the role of stablecoins

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Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin

First Digital Group, a Hong Kong-based qualified custodian and trust company, announced the launch of its First Digital USD (FDUSD) United States dollar-pegged stablecoin on June 1. The new stablecoin is programmable and described as being capable of executing contracts, escrow services and insurance without intermediaries. It will operate on

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USDC Issuer Circle Has Ditched All U.S. Treasuries From Stablecoin Reserve Fund Amid Debt Ceiling Showdown

This is a significant change since the end of April, when the fund held more than $30 billion in U.S. Treasury bonds, according to Circle’s monthly attestation. The last Treasury bond worth $4 billion among the fund’s holdings matured on Tuesday, the fund’s website showed. Source

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