News background in the crypto space:

S&P Global Ratings has published the ninth "stability assessment" of major stablecoins. USDC, USDP, and GUSD received a "strong" rating, while only USDM Mountain Protocol received an "adequate" rating. USDT, DAI, and FDUSD stablecoins received a "limited" rating.

The Securities and Exchange Commission (SEC) aims to designate the cryptocurrency Ethereum as a security.

According to Bloomberg, the chances of approval for $ETH Ethereum spot ETFs in the US in May are diminishing. Regulators have not shown much enthusiasm.

Since March 12, 33 presale campaigns have been conducted in the Solana ecosystem to raise funds for token launches, resulting in a total of 796,000 SOL being raised #Ethreum #USDT #Bitcoin‬ #newscrypto