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Moody's Developing Scoring System to Evaluate Reliability of Stablecoins

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Moody's Developing Scoring System to Evaluate Reliability of Stablecoins

A mechanism to assess the stability and dependability of up to 20 stablecoins is being developed by Moody's, a primary provider of credit ratings for publicly traded corporations. However, according to a Bloomberg article, the project is still in its early phases and won't give formal

Stripe will begin accepting USDC Stablecoin payments via Polygon - Starting With Twitter

Stripe will begin accepting USDC Stablecoin payments via Polygon - Starting With Twitter

Stripe, one of the biggest payments firm, has announced that crypto payments in USD Coin (USDC) are now available, and Twitter authors will be the first to use the service. The online payments giant announced on Friday that it will begin providing merchants the option of making cryptocurrency payouts using

Tron to Launch Decentralized algorithmic stablecoin "USDD" in May

Tron to Launch Decentralized algorithmic stablecoin "USDD" in May

From May 5, Tron will have its own native stablecoin named USDD, according to Tron founder Justin Sun. Traditional stablecoins, such as Tether (USDT) and Circle's USD Coin (USDC), rely on the backing of dollars (and other assets) in bank accounts. Instead, like TerraUSD (UST) and Frax Finance,