The stablecoin industry will have to weather significant losses in interest income following the Federal Reserve’s latest rate cut, a new report from CCData shows. In its latest report on stablecoins and central bank digital currencies (CBDCs), the digital asset data and index provider notes that the vast majority of the top five stablecoin issuers’ The post Tether and Four Other Stablecoins Set To Lose $625,000,000 in Interest Income Following Fed Pivot: CCData appeared first on The Daily Hodl .
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Guggenheim Partners Issues $20M in Tokenized Commercial Paper on Ethereum
Guggenheim Treasury Services, a subsidiary of the major financial firm Guggenheim Partners, has issued $20 million worth of tokenized commercial paper on the Ethereum blockchain, marking a significant step into the world of digital assets. According to a report by Helene Braun for CoinDesk, this move was confirmed by Guggenheim, although the company did not The Daily Hodl
Bitcoin Price Declines but Remains Steady with Important Upcoming Developments
Bitcoin drops but holds above $61,700 support level. Key developments in the cryptocurrency market are on the horizon. Continue Reading: Bitcoin Price Declines but Remains Steady with Important Upcoming Developments The post Bitcoin Price Declines but Remains Steady with Important Upcoming Developments appeared first on COINTURK NEWS . The Daily Hodl