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Search Results for: crypto adoption

Aave’s GHO Stablecoin to Launch on Arbitrum, Expanding Cross-Chain Reach

The GHO stablecoin, managed by Aave’s decentralized autonomous organization, is set to be launched on the Arbitrum blockchain as part of its “cross-chain expansion strategy.” Reportedly, the multi-collateralized stablecoin that is native to the Aave Protocol will use the widely used Chainlink Cross-Chain Interoperability Protocol (CCIP) and will be released

July 2, 2024 2 mins read

OpenLedger Secures $8 Million Seed Round Led by Polychain Capital and Borderless Capital

OpenLedger, the sovereign data blockchain for AI, has secured $8 million in a seed round headed by Polychain Capital and borderless Capital. OpenLedger is the AI-specific sovereign data blockchain. OpenLedger gives developers the ability to use verified data to design smarter, more performant models by offering permissionless infrastructure for the

July 2, 2024 2 mins read

Bahamas Sets Two-Year Deadline for CBDC Integration in Banks

The Bahamian government has established a two-year deadline to incorporate the “Sand Dollar,” the country’s central bank digital currency (CBDC), into the activities of commercial banks in an effort to increase its acceptance. All commercial banks must allow their customers access to the CBDC, and Governor John Rolle of the

July 2, 2024 2 mins read

BlockDAG Unveils Blockchain Explorer Upgrades in Dev Update 59; Presale Reaches $54.7M 

BlockDAG continues to carve out a niche in the bustling cryptocurrency market. Today, we focus on its latest Development Update 59, which highlights essential enhancements in the Blockchain Explorer. With the testnet launch on the horizon, the DevOps team has introduced extensive logging features across all DevNet services. BlockDAG’s ecosystem

July 1, 2024 4 mins read

Tether Enables USDT Payments for Philippines Social Security System

Tether, the world’s largest stablecoin issuer, has launched a new payment option for Filipino citizens. Through a partnership with Web3 firm Uquid, Tether now enables citizens in the Philippines to settle their Social Security System (SSS) contributions using USDT, a stablecoin pegged to the US dollar, on The Open Network

July 1, 2024 1 min read