Should longer-term assets be allowed as reserve assets, the committee believes these must overcollateralize the claims of stablecoin holders.
AllUnity, a new joint venture by DWS, Galaxy and Flow Traders, plans to issue the euro stablecoin on all major public permissionless L1s and L2s, DeFi use cases.
Circle Internet Financial continued to build out the USDC stablecoin network, spreading access and inclusion to new corners of the world.
Tether has ambitions to reach 1% of BTC mining computing power under new CEO Paolo Ardoino. New facilities in South America will be part of the push.