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Blockchain company Ripple is releasing its own long-awaited stablecoin tomorrow after receiving approval from the New York Department of Financial Services (NYDFS) last week.. The coin, named ...
A stablecoin is a type of cryptocurrency where the value of the digital asset is supposed to be pegged to a reference asset, which is either fiat money, exchange-traded commodities (such as precious metals or industrial metals), or another cryptocurrency.
While most stablecoins are backed by assets, a smaller category known as algorithmic stablecoins relies on technical mechanisms, such as adjusting the supply of coins, to keep the price stable.
Former Roblox headquarters, now occupied by Guidewire Software. Roblox Corporation (/ ˈ r oʊ b l ɒ k s / ROH-bloks) is an American video game developer based in San Mateo, California. Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, which was released in 2006.
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Roblox uses a combination of chat filters as well as parental controls to limit interaction. This helps explain why investments in online safety tools represent a chunk of its costs.
TON, also known as The Open Network (previously Telegram Open Network), is a decentralized layer-1 blockchain. TON was originally developed by Nikolai Durov who is also known for his role in creating the messaging platform, Telegram .
Stablecoins could be facing rules akin to those that govern money-market funds, as well as new banking rules, as U.S. regulatory agencies step up scrutiny of these digital currencies.