Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
sber bank
Russian Retail Bank, Sber Set To Launch Stablecoin
According to reports, Russia’s largest retail bank, Sber, could be set to launch its stablecoin. The bank has applied for a license with the Russian central bank to issue a stablecoin for corporate clients. Tokenized Ruble Sber revealed that the stablecoin would only be made available for companies that have accounts with the bank. It further highlighted that it would be issued in the form of tokenized rubles based on the amount held in the client’s accounts. Sber also revealed…
4 years ago