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COIN OF THE DAY
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#Solana
#crypto2024
#dyor
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SafePal launches crypto wallet on telegram #SafePal has introduced a Mini Wallet App on #Telegram , allowing users to create compliant crypto accounts licensed by the Swiss Financial Market Supervisory Authority (FINMA). This launch, announced on November 2, targets the platform's 950 million users, enabling them to manage cryptocurrency and fiat transactions directly within the app.
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Tether to launch dirham-pegged stablecoin on TON blockchain #Tether has revealed plans to launch a stablecoin pegged to the United Arab Emirates dirham on #TON blockchain. This announcement was made by Tether’s senior strategic partnership manager, Alessandro Giori, during the TON Gateway event in Dubai. The dirham #stablecoin , developed in collaboration with the UAE’s Phoenix Group and Green Acorn Investments, aims to create a digital representation of the dirham backed by local reserves.
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UBS Asset Management launches tokenized investment fund in Singapore On November 1, 2024, #UBSAssetManagement introduced the "UBS USD Money Market Investment Fund Token" (uMINT), marking its entry into tokenized investment funds. This fund utilizes #Ethereum -based distributed ledger technology and aims to cater to increasing demand for tokenized financial assets.
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Stablecoin payments company Bridge acquires Triangle, a Web3 Wallet Platform #Triangle has been acquired by #Bridge , a stablecoin payments company. As part of the acquisition, the Triangle team will integrate with Bridge to develop scalable #stablecoin systems. Financial terms of the deal were not disclosed. This acquisition follows Bridge's own announcement of being acquired by Stripe for $1.1 billion, marking a significant move in the cryptocurrency sector. Triangle aims to simplify the use of digital assets through its developer API, which helps companies offer user-friendly wallet solutions.
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