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China’s Push for Yuan-Backed Stablecoin Could Disrupt Traditional Finance and U.S. Hegemony
China is exploring the issuance of yuan-backed stablecoins to boost the global adoption of its currency and counter the dominance of U.S. dollar-backed stablecoins,...
The Return of the Factories, As Abia State Plans To Revitalize Star Paper Mill...
I came back from Onitsha and Aba where I had gone to seek advertisers for my campus news magazine, FUTO Bubbles, which I edited...
Crypto Market’s Decline to $3.8T, with Significant Liquidations, Signals Heightened Volatility, Risk-Off Behavior
The crypto market recently experienced a significant downturn, with over $375 million in long positions liquidated as the total market cap dropped to $3.8...
Meta Halts AI Spending, Freezes New Hires as Analysts Question Scale of Invesment
Tech giant Meta has hit the brakes on its aggressive Artificial Intelligence expansion, instituting a hiring freeze across its AI division as scrutiny mounts...
Bullish’s $1.15B IPO, Settled Entirely in Stablecoins, Sets a Precedent with Far-Reaching Implications for...
Bullish, a global crypto exchange, completed a historic U.S. IPO, raising $1.15 billion entirely in stablecoins, marking a first for U.S. public markets.
The proceeds,...