Ripple’s Future Brightens: Stablecoin Legislation Raises Hope

Senators Lummis and Gillibrand introduced the Payment Stablecoin Act to regulate stablecoins, ensuring they’re backed by assets and preventing illicit use. Ripple plans to launch its stablecoin, backed by US dollar reserves, pending the progress of the new legislation. United States Senators Kirsten Gillibrand and Cynthia Lummis unveiled the Lummis-Gillibrand Payment Stablecoin Act on April…

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ICON Foundation Receives $50,000 Grant from Stellar Community Fund for DeFi Advancement

The ICON Foundation has marked an important milestone in the advancement of decentralized finance when it announced about the $50,000 grant from the Stellar Community Fund. The grant is expected to support the integration of Balanced, one of the ICON’s popular cross-chain decentralized exchange and stablecoin platform, with the Stellar blockchain. The integrated connection between…

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Ernst & Young Adopts Polygon PoS for OpsChain Contract Manager, Eyes Ethereum Mainnet Migration

Ernst & Young launches the OpsChain Contract Manager utilizing Polygon PoS, aiming for enhanced contract management efficiency and cost-effectiveness. The crypto market shows diverse investment opportunities with varying levels of risk and potential return, with specific altcoins highlighted for significant potential gains. Ernst & Young Global Limited, commonly known as EY, is a global leader…

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Cosmos Ecosystem Expanded Reach for USDY  

Noble_xyz, a specialized blockchain platform, is set to expand the presence of the digital currency USDY within the Cosmos and IBCProtocol ecosystems. Noble will facilitate this integration as the platform responsible for on-chain asset issuance. However, officials emphasize that USDY is not intended for marketing, sale, or distribution within the United States or to U.S….

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