MoneyGram to Allow Stablecoin Transfers
MoneyGram has announced it intends to provide services for the transfer and conversion of stablecoins.
MoneyGram has announced it intends to provide services for the transfer and conversion of stablecoins.
USDT issuer Tether has recently announced it plans to launch a new stablecoin. In this case, the asset, called MXN₮, will be pegged to the peso.
Tether Holdings Limited has bought $10 billion worth of tokens from USDT holders since the beginning of May.
According to on-chain data, the collapse of Terra cost blockchain company Hashed $3.5 billion in losses.
USDT stablecoin issuer Tether Holdings Limited reduced its commercial paper reserves by 17% in Q1 2022.
The non-profit organization has just unveiled some information about the status of its reserve fund.
Tron founder Justin Sun has said that the Tron ecosystem will not abandon the algorithmic stablecoin USDD despite the collapse of UST and LUNA.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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