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Digital yuan integrated into WeChat payment platform
WeChat has added the country’s central bank digital currency , to its payment services, according to reports in local media. The move aims to help broaden the appeal of the digital yuan.
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Circle’s USDC overtakes Tether’s USDT
Circle’s USD Coin has overtaken the world’s largest stablecoin, Tether’s , in stablecoin transactions in a surprising turn of events. USDC saw 166.6 million transactions in April 2024, overtaking USDT’s 163.6 million monthly transactions, according to on-chain analytics by payments giant Visa.
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Tether invests $200M in neurotech company
Tether the operator of the eponymous Tether stablecoin, the world’s largest stablecoin by market value — has completed a major investment following restructuring of its business.
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Filipinos face higher fees after Binance ban
With Binance ousted from the Philippines, traders based in the country now have to deal with higher trading fees and fewer crypto tokens to choose from, according to an executive working in the region.