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Abu Dhabi's ADQ, IHC, and First Abu Dhabi Bank are launching a dirham-backed stablecoin fully regulated by the UAE Central Bank. This
move
is part of a broader national strategy to accelerate the growth of the digital asset economy in the region.
#AbuDhabiStablecoin
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Bitcoin Price Watch: Bulls Eye $97K as Momentum Builds Bitcoin hovered between $95,977 to $96,169 over the last hour with a market capitalization of $1.90 trillion and a 24-hour trading volume of $29.88 billion. Trading occurred within a tight intraday range between $93,333 and $96,244, as the market showed signs of both upward momentum and cautious consolidation. $BTC
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House Republicans will release a new draft bill on crypto regulation ahead of a key hearing on May 6. The bill aims to define how the U.S. will handle crypto markets, stablecoins, and digital asset oversight moving forward. Could this bill bring the clarity the crypto market has been waiting for-or lead to more uncertainty? What kind of regulation do you think would help (or hurt) crypto adoption? #DigitalAssetBill
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Benefits of USDC Trading Pairs USDC trading pairs (U.S. dollar coin) provide stability, speed, and security in cryptocurrency trading. As a regulated stablecoin pegged 1:1 to the U.S. dollar, USDC reduces volatility risks compared to other cryptocurrency pairs. Its transparency and full reserves ensure trust. Traders benefit from fast and low-cost transactions, avoiding traditional banking delays. USDC pairs also enhance liquidity, allowing for seamless transfers and arbitrage opportunities. They act as a safe haven during market downturns. Integration with decentralized finance (DeFi) platforms enables yield farming, lending, and deposits. Compliance with U.S. regulations makes USDC a preferred choice for institutional investors. Overall, USDC pairs offer efficiency, reliability, and reduced risks in cryptocurrency trading. $USDC
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Visa has partnered with Bridge to launch stablecoin-backed cards across Latin America, allowing users to spend stablecoins for everyday transactions at over 150 million Visa-accepting merchants. This follows Mastercard's recent move to integrate stablecoin payments globally through partnerships with Circle, Paxos, and Nuvei. #StablecoinPayments
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Airdrops are a great way to earn free crypto, but they can also be a trap for scammers. Always verify the source before connecting your wallet or clicking any links. Use a burner wallet when possible and never share your seed phrase. Double-check official announcements through trusted channels like Twitter or Telegram. Remember, if it sounds too good to be true, it probably is. Stay alert and protect your assets. Scammers are getting smarter, so your best defense is knowledge and caution. #AirdropSafetyGuide
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