Stablecoin

Alexander Lebedev plans on introducing a stable coin backed by the Ruble. ‘InDeFi has nothing to do with the Russian ruble,’ says Mendeleev, InDeFi CEO. Just like any other DeFi...

BUSD’s receiving addresses (7d MA) reached a 3-month high of 64.173. The stablecoin is one of the few cryptos in green lane today. Existing balances and new deposits of USDC,...

FASB’s crypto accounting review excludes NFTs and certain stablecoins. This move is because they (NFTs and stablecoins) don’t conform to some of FASB’s requirements. Businesses possessing crypto will need to...

Japan’s FSA is proposing tax breaks for crypto investors. Crypto profits, including unrealized gains, are taxed at roughly 30% currently. Japan established a legal framework for stablecoins. In favor of...