establecoins

Galaxy Digital reports a loss of $295 million ahead of its Nasdaq listing this week
Galaxy Digital Holdings and its related subsidiaries have reported a net loss of $295 million for the first quarter of 2025. This comes just days before its highly anticipated listing on the Nasdaq Stock Market.
The digital asset and data infrastructure provider claims that its reported loss is the result of a decline in digital asset prices, an impairment charge of $57 million, and disposal costs that arose as a result of shutting down mining operations at its Helios data center. #establecoins

stablecoin bnb? #establecoins #bnb

The USDT stablecoin (Tether) has become a key tool for millions of Latin Americans facing high inflation and currency controls. Its 1:1 parity with the dollar allows for the protection of purchasing power, evading restrictions to buy foreign currency, and making instant payments. Between July 2023 and June 2024, Latin America received nearly 415 billion dollars in cryptocurrencies, with a year-on-year growth of over 40% in the use of stablecoins in retail transfers, according to Chainalysis data.

#USDT🔥🔥🔥
#establecoins

#establecoins 10 Democratic senators made a statement regarding the called GENIUS Act and claim that they cannot support the bill in its current form.

Several U.S. senators have withdrawn their support for the bill aimed at regulating stablecoins, generating uncertainty about the future of the legislation. Although it initially had bipartisan backing, concerns over certain aspects of the bill, such as oversight and reserve requirements, have led some lawmakers to reconsider their stance.

This setback could hinder the final approval of the bill, which aims to establish a clear regulatory framework for stablecoins in the United States. The lack of consensus among senators poses significant challenges for the cryptocurrency industry, which seeks regulatory clarity to foster innovation and the adoption of these digital assets.

Negotiations and debates in the Senate will be crucial in determining whether the senators' concerns can be addressed and support for the bill can be revived, or if substantial modifications will be required to achieve consensus. Regulatory uncertainty could have significant implications for the growth and stability of the stablecoin market in the United States.

It is always important to have #establecoins within your assets since they offer you great returns and you have your capital ready to invest $USDC

In this short time I've been doing this, and still a complete novice, I believe there are very few people with a lot of buying/selling capacity who vacuum up the few "crumb" coins we have in our wallets.
Like any other market, more of the same.
#memecoins #altcoins #establecoins #anycoin

#establecoins SEC approves the launch of a stablecoin that generates interest
The request submitted by the startup Figure Markets in January 2024 for the issuance of the stablecoin YLDS has been admitted
The new stablecoin is pegged to 1 cent dollar certificates.
Interest will accumulate daily and be distributed monthly among its holders.

#establecoins #establecoins SEC approves the launch of a stablecoin that generates interest
The request submitted by the startup Figure Markets in January 2024 for the issuance of the stablecoin YLDS has been accepted.
The new stablecoin is pegged to 1 cent dollar certificates.
Interest will accumulate daily and be distributed monthly among its holders.