According to Foresight News, Mehen Finance, a Cardano ecosystem stablecoin issuance protocol, has launched USDM, a fiat-backed stablecoin that allows holders to mint or exchange USDM using US dollars. Mehen is collaborating with fintech company Plaid to provide services and is actively seeking licenses for money transfer and virtual asset service providers to expand its services in the UK and Europe.
Mehen's founding partner, Matthew Plomin, originally planned to launch USDM in early 2023. However, the plan was delayed due to the closure of crypto-friendly banks in 2023 and its banking partner Cross River beginning to collaborate with Circle.
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According to Foresight News, a report by CoinShares revealed that inflows into digital asset investment products reached a record $2.9 billion last week, breaking the previous record of $2.7 billion set in the preceding weeks. The inflows last week pushed the total inflows for the year to $13.2 b……
According to PANews, CoinShares research director James Butterfill stated that in the coming months, new fund inflows from registered investment advisors could lead to a positive demand shock for Bitcoin. A positive demand shock refers to a sudden surge in demand for an asset, such as Bitcoin, wh……
According to CryptoPotato, Shiba Inu (SHIB) has entered a pullback after a failed attempt to break above the resistance level at $0.000037. Sellers have returned, and bears seem determined to drive the price down to the key support level at $0.000025. This correction is considered normal and not ……
PANews 3月18日消息,多链去中心化交易所PancakeSwap今日宣布已销毁8,998,889枚CAKE,价值约3700万美元。查看原始新闻……