Mercado Libre launches USD-pegged Meli Dollar stablecoin in Brazil
The new stablecoin will provide Mercado Libre customers a new option for managing their finances in Brazil’s volatile economy.
Related Posts
Things to Consider When Giving Crypto to Charities or Others
Last month, the United States Congress increased the tax benefits of charitable giving in the CARES Act in hopes that people will give more. Some give money; others give property; and a growing number have been giving crypto assets.Once you have made the difficult decision of which charity or cause to donate to, your focus…
The battle of banks vs. DeFi is a win for individual crypto investors
The state of banking and finance today presents a complex labyrinth that even seasoned bankers struggle to navigate. Despite appearances, there is a method to this madness. As Nobel Prize winners like Muhammad Yunus and Joseph Stiglitz have cautioned in the past: central banking, in particular, has morphed to keep the status quo in check.…
Report: Libra Stablecoin Tied to Major Fiat Currencies, Excluding Yuan
Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves.According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the stablecoin — a type of cryptocurrency valued by a reserve…
DAOs can help scientists find funding and community, says Nature science journal
The Nature science journal recently published an editorial in its Nature Bioscience section lauding the use of decentralized autonomous organizations (DAOs) as a revolutionary new method by which researchers working in underfunded scientific fields can create communities around their work and raise funding which, otherwise, might not be available.In a DAO-based research scheme, a project’s
ETH price sets new all-time high, gains financial momentum to go further
While Bitcoin has exhibited a stagnating monetary trend over the course of the last week or so, showcasing minor gains of just 3%, its crypto cousin Ether (ETH) seems to be on a roll by not only holding its own against the U.S. dollar but also consistently floating around the $1,300 threshold, and now ultimately,…
Durov’s phone hacked in 2017, a year before meeting with Macron: Report
Pavel Durov was reportedly offered to move Telegram to Paris during his meeting with the French president in 2018.
Jim Cramer: Coinbase stock is cheap, put 5% of your portfolio in crypto
Jim Cramer, the host of CNBC’s Mad Money thinks Coinbase is the “natural repository of crypto” and has recommended buying the stock. 432 Total views 3 Total shares Jim Cramer, the host of CNBC’s “Mad Money” has recommended buying Coinbase stock, and suggested that 5% of investment portfolios should be allocated to cryptocurrency.Cramer made the…
USDC issuer Circle announces HQ move to New York ahead of IPO
2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.