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blecoin cryptocurrency protocols has also launched a stablecoin that it says offers unprecedented transparency and custody capabilities. The stablecoin is a rebranded evolution of the company’s flagship stablecoin and will be tokenized using the blackrock usd institutional digital liquidity fund, the company said on thursday.

Reports emerged on thursday that the stablecoin leader's market new zealand telegram data capitalization fell. The european union's new cryptocurrency rules led to the company's biggest weekly drop in two years. Meanwhile, the digital assets prime broker announced an acquisition on thursday to expand its derivatives business and strengthen its position among cryptocurrency derivatives traders.

The acquisition comes at a time when positive regulatory momentum and growth in exchange-traded funds and derivatives markets are driving growth in the institutional market. On thursday, launched a solution aimed at bringing cryptocurrency payments into the retail space, where customers can complete purchases through by scanning a qr code or using the app, after being integrated into merchant payment systems.