Binance pushes new stablecoin as it confirms plan to cease BUSD support
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time.
Adobe
Alliance for OpenUSD
Apple
Autodesk
business
category-/News
Game Development
GamesBeat
Metaverse
Nvidia
OpenUSD
pixar
USD
5 companies form Alliance for OpenUSD for metaverse 3D graphics standard
Five major companies in the 3D content industry — Adobe, Apple, Autodesk, Nvidia and Pixar — have come together to form the Alliance for OpenUSD (AOUSD). The group that aims…
Binance.US solves USD withdrawal issues but warns it won’t last long
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US.
brics
China
collateral
de-dollarization
Economist
european commission
global reserve currency
Joachim Schwerin
Russia
U.S. dollar
USD
USDT
Stablecoin survival: Navigating the future amid global de-dollarization
The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users?
asian nations
brics
de-dollarization
Economics
US Dollar
US dollar dominance
us dollar importance
USD
US Dollar’s Importance Declining in International Transactions and as Reserve Currency, Economist Says
A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international trade and as a reserve currency has been declining. “Other…
Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success.
Economist Predicts Shift to Tripolar Reserve Currency World — Yuan, Euro to Disrupt US Dollar’s Dominance
Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the…