Shariah-Compliant Stablecoin PUSD Moves Into MidEast Institutional Arena
A dollar-linked stablecoin built to meet Islamic finance standards is now operating on a new blockchain network anchored in the Middle East, adding a second digital currency to a settlement platform backed by some of Abu Dhabi’s biggest financial names. Backed By Gulf Currencies, Not Just The Dollar PUSD, issued by Palm Azgar Finance, holds…
Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert
XRP has lost 38% of its value over the past year. Bitcoin hasn’t done much better, sliding more than 16%. Yet a finance expert is telling investors those numbers miss the bigger picture. Cash Is Losing Ground Too John Vasquez, who goes by Coach JV on social media, says the real story isn’t short-term price…
Bitcoin To Infinity? Venture Capitalist Says Crypto’s Value Vs. Dollar Has No Ceiling
The dollar is weakening this year. As reported, the US dollar index declined 7% year-to-date, one of its worst openings in recent history. The dollar index measures the value of the dollar against six other major foreign currencies. As tensions between the US and several countries have increased on the trade front, worries regarding the…