The DeFi and crypto sector continues to grow rapidly, making it important to stay updated on recent events and trends. Our weekly overview offers a detailed look at the most significant news and trends.
Circle and Binance Strategic Partnership
Circle and Binance announced a strategic partnership at Abu Dhabi Finance Week to expand the use of USDC, the popular stablecoin. Binance will integrate USDC across its trading, savings, and payment services, highlighting its significance for the global digital ecosystem.
Floki Launches Debit Card in Europe
Floki, in partnership with Mastercard, launched a crypto debit card available in 31 European countries. The card facilitates easy cryptocurrency use with both physical and virtual versions available.
Ripple's RLUSD Stablecoin Launch
Ripple Labs received approval from the New York Department of Financial Services (NYDFS) to launch the RLUSD stablecoin. CEO Brad Garlinghouse announced the stablecoin would soon appear on various exchanges, becoming a significant market player.
The past week was eventful in the DeFi and cryptocurrency industry. From strategic partnerships to new product launches, each promises to contribute to market development.
