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Utopia P2P Announces Anonymous USD Stablecoin Backed by DAI

Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant communication and finance, this month launches Utopia USD stablecoin; UUSD. The UUSD stablecoin is built upon Utopia’s serverless, peer-to-peer blockсhain, that currently powers

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Crypto.com uses Circle API to launch USD bank transfers in over 60 countries

Digital asset exchange and service provider, Crypto.com, has launched withdrawals via U.S. dollar bank transfers for institutional clients across more than 60 countries.According to an August 18 announcement, the expanded fiat functionality for institutional account holders has been enabled by its partnership with Circle.Institutional customers are now able to withdraw

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Why Bitcoin could favor USD dominance over Digital Yuan

Contrary to what many in the crypto space are discussing, Senior Commodity Strategist for Bloomberg, Mike McGlone, has made the case for Bitcoin being beneficial for the U.S. dollar over China’s digital Yuan. According to McGlone, the cryptocurrency is “eclipsing” Yuan’s global adoption. Specifically, the U.S. dollar is showing “organic adoption”

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