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Coinpaper 1 week ago

Is SocGen’s New Dollar Stablecoin a Threat to Circle and Tether? 🏦

Société Générale has introduced a new stablecoin, compliant within regulatory frameworks, sparking discussions on its potential influence on decentralized finance (DeFi) markets. The emergence of this bank-backed digital dollar could signify a shift from traditional crypto-native tokens like Circle and Tether, challenging their dominance in the stablecoin sector.

Source: coinpaper.com ↗

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