Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

source: fintechnews.am

Banks Urged to Embrace Stablecoins as Core Part of Digital Strategy

Quick Breakdown  Stablecoins handle tens of billions daily, especially in cross-border payments, and are becoming central to global finance. Banks that adopt stablecoins can capture transactional volume, deepen client relationships, and stay competitive. Joining a regulated stablecoin network...

source: protos.com

UXLINK Advances Token Migration After Security Breach

Quick Breakdown: UXLINK’s new smart contract passed a security audit and will be deployed on Ethereum mainnet. Cross-chain functionality maintained via partners; token ticker “UXLINK” remains unchanged. Hacker-linked addresses frozen; recovery procedures underway with law enforcement and third...

source: theblock.co

Coinbase to List Singapore Dollar-Backed XSGD Stablecoin

Quick Breakdown:  Coinbase to list XSGD stablecoin on Sept 30 at 3 a.m. Singapore time for users in Singapore and worldwide XSGD is fully backed 1:1 by reserves with DBS Bank and Standard Chartered and meets Singapore’s upcoming...

source: theblock.co

Circle and Rise Transform Global Payroll with USDC Integration

Quick Breakdown: Rise integrates USDC for near-instant global payroll settlements. Stablecoin adoption cuts cross-border payment costs by 40%. Over 53% of users now opt for stablecoin withdrawals, enhancing efficiency and transparency. Circle and Rise have partnered to redefine...

source: cointelegraph.com

Flipster Launches First USD1 Perpetuals for Major Crypto Assets

Quick Breakdown:  Flipster debuts USD1 perpetuals for BTC, ETH, SOL, XRP, and DOGE. USD1 is a regulated stablecoin by World Liberty Financial (WLFI). Zero-spread trading ensures no slippage on all major pairs. Crypto derivatives platform Flipster has introduced...

source: straitstimes.com

CfC St. Moritz Sets Up Bitcoin Reserve with Sygnum Bank

Quick Breakdown:  CfC St. Moritz allocates 25% of its treasury to Bitcoin, strengthening its long-term crypto strategy. Sygnum Bank selected to manage the Bitcoin reserve under strict regulatory standards. The move signals growing institutional confidence in Bitcoin as...

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