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1Money Now Surpasses both Bridge and BVNK in Total U.S. Licenses, Creating a Path to Offer Stablecoin Orchestration Services that Directly Connects to the 1Money Network Blockchain With these licenses ...
Fiat-backed stablecoins require equal reserve funds to circulating coins, verified by regular audits. Crypto and commodity stablecoins must be over-collateralized due to underlying asset volatility.
Coinbase Global reported weak second-quarter results as lower cryptocurrency volatility led to a sharp sequential decrease in trading volume. Net revenue rose 2.9% from last year but fell 27.6% ...