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Circle Tightens Grip on Stablecoin Payment Market as Tether Opts Out of Approval




Circle has cemented its status as the leading regulated stablecoin issuer by receiving the first license under the EU’s Markets in Crypto Assets (MiCA) regulation. This achievement marks a significant milestone in the evolving landscape of cryptocurrency regulation, showcasing how proactive compliance strategies can shape market dynamics. Circle’s success contrasts sharply with Tether’s more reactive approach, highlighting the growing divide between the two major players in the stablecoin market.

The Path to Regulatory Leadership
Circle’s strategy has been characterized by its proactive stance towards regulation. By investing heavily in anti-money laundering (AML) technology and distancing itself from potential compliance risks such as Tron, Circle positioned itself as the regulatory-friendly option. This approach has not only earned Circle the first MiCA license but also solidified its reputation among regulators and financial institutions.

In contrast, Tether has adopted a reactive compliance strategy, addressing regulatory requirements as they arise. This approach has led to numerous conflicts with regulators, particularly concerning alleged sanctions violations and AML failures. Tether’s hesitance to fully embrace stringent regulatory frameworks, such as MiCA, further differentiates it from Circle.

Tether’s Resistance and Regulatory Challenges
Tether’s CEO, Paolo Ardoino, has openly criticized MiCA’s requirements, particularly the stipulation that systemic issuers must maintain 60% of their reserves in bank deposits. Ardoino argues that this could compromise Tether’s ability to fulfill redemptions and increase bankruptcy risk. Currently, Tether holds only 0.1% of its reserves in bank deposits, with the majority in US Treasury Bills and Overnight Repo Facilities. This regulatory stance has led to significant uncertainty about USDT’s future in the EU, especially as exchanges like OKX have delisted USDT in anticipation of MiCA’s implementation.


The Compliance Edge: Circle’s Strategic Advantage
Circle’s compliance advantage extends beyond the EU. In the United States, proposed legislation could restrict the use of stablecoins issued by offshore entities, potentially benefiting Circle’s USDC. While Tether remains dominant in the trading sector, with USDT accounting for 69.6% of the stablecoin market as of June 2024, USDC is gaining ground. Reports indicate that the share of stablecoin trades using USDC has risen significantly, reflecting Circle’s growing influence.

Shifting Focus: From Trading to Payments
Circle’s strategic focus on stablecoin payments could redefine the market. While Tether remains entrenched in crypto trading, Circle is leveraging partnerships with major FinTech firms like Stripe to expand USDC’s use in everyday transactions. Stripe’s integration of USDC payments across its platform could drive significant adoption, potentially transforming stablecoins from a niche trading tool into a mainstream payment solution.

MiCA: Opportunities and Challenges
MiCA presents both opportunities and challenges for Circle. The regulation is expected to enhance trust in stablecoins, potentially driving broader adoption. However, MiCA also imposes restrictions on non-euro-denominated stablecoins for real-world payments. If USDC payments exceed specific thresholds, Circle may face limitations on issuing new coins, potentially accelerating the adoption of its euro-backed stablecoin, EURC.

Looking Ahead: The Future of Stablecoins
Circle’s regulatory triumph under MiCA underscores the importance of compliance in the evolving stablecoin market. While Circle is currently leading the race, the future of stablecoins hinges on navigating complex regulatory landscapes and expanding use cases beyond trading. As the market continues to evolve, Circle’s commitment to compliance and innovation positions it well for future growth, though challenges remain, particularly in achieving widespread adoption of stablecoins for retail payments.



The post Circle Tightens Grip on Stablecoin Payment Market as Tether Opts Out of Approval appeared first on HIPTHER Alerts.

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FreeBnk debuts the ‘Zillow’ of tokenized Real-World Assets




FreeBnk, the fintech platform offering affordable financial services for crypto investors, launches its tokenized RWA (real-world asset) platform to enable its clients to invest in real estate through fractionalized ownership. Through FreeBnk’s app, clients can effortlessly purchase shares of the first property located in Dubai, democratizing real estate investing by eliminating traditional barriers such as complex paperwork, similar to the seamless experience of browsing and investing on Zillow. Investors of FreeBnk’s tokenized RWAs will receive a 15 percent annual return and a 9 percent rental return from their investment.

Tokenized RWAs have exploded in demand within the digital asset ecosystem, drawing interest from both crypto investors and traditional financial institutions. This sector has become one of the largest in DeFi, with DEX volume experiencing substantial growth from $2.3 billion in December 2024 to $3.6 billion by April 2024. Amidst the escalating global cost of living, tokenized RWAs emerge as an alternative and more accessible investment option offering potentially higher returns, democratizing access to market-proof assets. However, the UI and UX continue to be complex and unfriendly for users unfamiliar with these platforms.

With the launch of its new platform, FreeBnk simplifies wealth-building opportunities by offering ownership shares in properties for potentially generating passive income. Now live within its native mobile app, the decentralized application (dApp) removes the complexities of property ownership, enabling investors to readily enter the tokenized RWA sector. The process involves three straightforward steps:

Search properties: Through the FreeBnk app, users will be able to explore properties, filtering by type, ROI, and yield—allowing investors to align their property investments precisely with their financial objectives.
Buy shares: Users will be able to select their desired property and invest any amount in a few, simple steps. FreeBnk helps to bypass traditional real estate processes and manages all aspects of property ownership using smart contracts.
Earn rental income: FreeBnk automatically assigns a property portfolio to its customers, taking care of all real estate management responsibilities. This service includes collecting and depositing rental income directly into the client’s accounts.
Clients ready to capitalize on property appreciation can conveniently sell their shares at any time through FreeBnk’s secondary market. FreeBnk is committed to offering top-quality real estate, already investing over 250,000 AED into its first property. As a hub for innovation and growth, Dubai sets the stage for global expansion with its growing real estate market and investor-friendly environment.

“As we look ahead, we see the potential of tokenized RWAs and the positive ways in which they can revolutionize the real estate market through fractional ownership,” says Yunus Emre Ozkaya, CEO of FreeBnk. “By tokenizing properties, our goal is to empower investors across the globe, showcasing the unique benefits of tokenized RWAs and offering new avenues for investment. Real estate, known for its relative stability, provides a passive income opportunity amidst global economic fluctuations. We aim to cater not only to crypto enthusiasts but also to newcomers seeking alternative investment options.”


The post FreeBnk debuts the ‘Zillow’ of tokenized Real-World Assets appeared first on HIPTHER Alerts.

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DeFi Technologies Expands BTC Treasury Holdings and Diversifies into Solana, CORE and CORE DAO Staking





DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce the expansion of its digital asset treasury strategy. The Company has purchased an additional 94.34 BTC, bringing its total BTC holdings to 204.34 BTC. Additionally, the Company  has acquired 12,775 SOL tokens and 1,484,148 CORE tokens, with plans to actively participate in CORE DAO’s staking facility.

Expanded Bitcoin Holdings

Following the Company’s initial acquisition of 110 BTC in June 2024, the Company has continued to bolster its confidence in BTC as a primary treasury reserve asset. The additional purchase of 94.34 BTC, for a total of 204.34 BTC reaffirms the Company’s commitment to this leading digital asset, recognizing its unique characteristics as a scarce and finite asset, and its potential as a hedge against inflation and a safeguard against monetary debasement.


Addition of Solana (SOL) to Treasury

In a strategic move to diversify the Company’s treasury, the Company has acquired 12,775 SOL tokens. SOL stands out with its high-performance, permissionless blockchain, capable of processing up to 65,000 transactions per second, thanks to its unique Proof of History and Proof of Stake combination. This scalability and efficiency surpass many of its peers.

SOL’s low transaction fees and rapid processing times lower barriers for developers, fostering a strong user base and impressive fee generation. The platform’s trading volume has reached US$393.71 billion, indicating robust market activity and user engagement. The liquidity Total Value Locked (“TVL“) stands at US$865.97 million, reflecting substantial assets held in liquidity pools, which support trading activities. Since its inception, SOL’s decentralized finance landscape has attracted 24,591,311 traders and executed 1,847,335,349 swaps, highlighting its high transactional activity and efficiency.

Overall, SOL’s technical strengths, significant market activity, and ongoing enhancements position it as a promising investment, offering a scalable and efficient platform for a wide range of decentralized applications.

Addition of CORE To Treasury and Participation in CORE DAO’s Staking


The Company is also pleased to announce that it has purchased 1,484,148 CORE tokens and intends to participate in CORE’s staking facility. CORE’s innovative staking solution enables holders to stake BTC non-custodially enhancing yield opportunities and contributing to network security and stability. The Company’s participation in this staking facility not only diversifies its income streams but also strengthens its collaborative relationship with CORE Foundation and involvement in the broader DeFi ecosystem. CORE is proving to be a leading BTC scaling chain with over 55% of BTC hash rate participation,US$138.5M in TVL, and 5,000+ BTC staked (~US$320M).

“We are thrilled to announce these significant advancements in our digital asset treasury strategy,” said Olivier Roussy Newton, CEO of DeFi Technologies. “Our increased BTC holdings, strategic investment in SOL, CORE and participation in CORE’s staking facility reflect our commitment to leveraging the most promising opportunities in the decentralized finance landscape. These actions not only diversify our balance sheet but also align with our mission to bridge traditional capital markets with the innovative world of DeFi.”

The post DeFi Technologies Expands BTC Treasury Holdings and Diversifies into Solana, CORE and CORE DAO Staking appeared first on HIPTHER Alerts.

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Crypto Price Predictions: Comprehensive BlockchainReporter Platform Helps Cryptocurrency Investors Stay Ahead Of Market Volatility



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