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Moody's Report Signals a Historic Shift in Digital Finance
Moody's report highlights stablecoins' emergence as essential digital cash in institutional finance, reflecting a structural shift with significant adoption by banks and asset managers. While promising, this rise comes with risks like technical vulnerabilities that need addressing for sustainable growth.
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MetaMaskedvip:
Are stablecoins really about to take off? Moody's report feels more complicated than it seems.
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Jupiter Launches JupUSD: A BlackRock-Backed Stablecoin Reshaping Solana's DeFi Ecosystem
Jupiter has launched JupUSD, a stablecoin backed by BlackRock's fund, aimed at consolidating liquidity within its ecosystem. With 90% backed by USDtb and 10% USDC, it emphasizes security and transparency. The move reflects a trend in DeFi for protocols to develop native stablecoins, enhancing liquidity control.
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JUP-0,46%
SOL-0,42%
USDC0,02%
ENA-0,73%
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Fren_Not_Foodvip:
Blackstone endorsement? That's interesting, traditional finance is really starting to get involved.
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