Tag: Dollar
Bank of Canada Halts Digital Dollar Project Amid Global Surge in CBDC Development
Canada’s central bank has paused its CBDC project, pivoting to research as countries like China and Nigeria advance their initiatives.
Chainlink Chosen as Technology Partner for HKDR Hong Kong Dollar Stablecoin
Blockchain oracle data provider Chainlink has partnered with RD Technologies, a firm working on a Hong Kong dollar stablecoin called HKDR.
Ethena USDe Tops $2.3B Market Cap But Risks Identified
The latest newly launched stablecoin is seeing impressive growth this year but risks with Ethena’s USDe asset are being identified.
Morgan Stanley Warns ‘Paradigm Shift’ in Crypto Could Impact US Dollar Leadership
CBDCs may challenge USD’s dominance as per Morgan Stanley. Stablecoin adoption boosts global interest in CBDCs with 111 countries exploring.
