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gold-backed stablecoin

Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin

Tether Invests .75M in XREX Group to Facilitate Launch of Gold-Backed StablecoinTether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. The investment aims to drive innovation in the digital asset industry and facilitate USDT-based cross-border payments in emerging markets. XREX will use the […]

Japanese Regulator Issues Warning to Unregistered Crypto Platform Lbank Exchange

Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit

Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran VisitRussia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk Stablecoin Payments for Bilateral Trade Settlements The Russian […]

Japanese Regulator Issues Warning to Unregistered Crypto Platform Lbank Exchange