The Crypto space is increasingly getting flooded with stable coins being launched by big techs like IBM (Stronghold USD) or Big banks like JPMorgan in the U.S (JPM Coin) & Japan’s financial giant Mizuho Financial Group (J-Coin). The digital transformation ushered in by the DLT/Crypto movement has made these incumbents realize that they need to be innovative and fight the adoption of the decentralized model to keep their client base & income streams intact and growing or be left in the dust. How successful will they be is a topic for another day. While the fiat pegging brings the much-needed stability to the…...
Stellar Lumens in the spotlight after two major events
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