$SOL Solana is +0.07% against the exchange rate to USDT in | DDSTHA on Binance Square

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$SOL Solana is +0.07% against the exchange rate to USDT in the last 24 hours. The current Solana market cap is $76.52B. The current Tether market cap is $149.22B

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#USStablecoinBill Congress is currently considering two major bills to regulate stablecoins: the STABLE Act and the GENIUS Act. STABLE Act: This bill proposes strict federal oversight, requiring stablecoin issuers to be insured depository institutions or federally approved nonbanks. It mandates 1:1 reserve backing, monthly reserve disclosures, and imposes a two-year ban on algorithmic stablecoins. GENIUS Act: Offering a more flexible approach, this bill allows both federal and state regulation. It requires stablecoin issuers to maintain 100% reserves in U.S. dollars or short-term Treasuries, conduct monthly reserve disclosures, and comply with anti-money laundering regulations. The act also prioritizes consumer claim

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#MarketPullback market pullback refers to a temporary pause or dip in an asset's overall trend. It's often seen as an opportunity to buy into an asset that's in an overall uptrend, but traders should be cautious not to buy in too early without a risk management strategy. Causes of Market Pullbacks: - Profit-Taking: Traders sell assets to lock in profits after a price increase. - Market Sentiment: Changes in market sentiment can cause temporary price drops. - Economic Announcements: Unexpected economic news can lead to market pullbacks Key Points to Consider: - Temporary Nature:

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$USDC On May 1, the Sam Altman-backed blockchain project announced its collaboration with the stablecoin giant following its limited expansion into the U.S. According to the official announcement, World Worldcoin wld -5.22% Worldcoin Chain plans to integrate the company’s stablecoin, USD Coin USDC usdc -0.01% USDC, as well its CCTP V2 mechanism to its World Chain. First introduced in April 2023, CCTP V2 is an upgraded version of Circle’s Cross-Chain Transfer Protocol, designed to enable faster and more efficient USDC transfers across blockchains. The integration would allow nearly two million verified users on World who already hold bridged USDC in their World App wallets to convert them into native USDC. This means all their stablecoin assets will be backed on a 1:1 ratio with U.S. dollars and other cash-equivalent assets. Not only that, with the addition of CCTP V2 to World Chain, users will be able to transfer USDC across various chains in a faster and more cost effective way. “The combo accelerates World Network while opening up access to USDC to more humans in economies that can benefit from a fully-reserved digital dollar,” wrote World project in its official statement.

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#EUPrivacyCoinBan Europe will ban anonymous crypto accounts and privacy coins starting in 2027 under sweeping new AML regulations targeting service providers and token anonymity. EU to ban anonymous crypto accounts and privacy coins by 2027 The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027. Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies, such as Monero XMR $238.89 and Zcash ZEC$36.73 . “Article 79 of the AMLR establishes strict prohibitions on anonymous accounts [...]. Credit institutions, financial institutions, and crypto-asset service providers are prohibited from maintaining anonymous accounts,” according to the AML Handbook, published by European Crypto Initiative (EUCI).

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$BTC Daily Bitcoin (BTC) Price Prediction For Today, Tomorrow, this Week, and Next 30 Days. Based on your price prediction input for Bitcoin, the value of BTC is projected to increase by 5%, potentially reaching $94,834.93 in the next 30 days.

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