ANZ Bank Releases A$DC Stablecoin Pegged to Australian Dollar
Australian bank ANZ Bank has announced it has launched an Ethereum-based A$DC stablecoin pegged at a ratio of 1:1 to the Australian dollar.
Australian bank ANZ Bank has announced it has launched an Ethereum-based A$DC stablecoin pegged at a ratio of 1:1 to the Australian dollar.
The issuer of the stablecoin USD Coin (USDC), developed by Circle, has just announced on its website that in accordance with the international community’s sanctions requirements, it will block Russia-related fiat payments. According to the announcement: “In response to the extraordinary events following Russia’s invasion of Ukraine, the United States and the United Kingdom have imposed expansive economic sanctions designed […]
"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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