Meta is reportedly planning to re-enter the stablecoin market in the latter half of the year, marking a potential comeback after previous setbacks in the digital currency space. The tech giant's renewed interest in stablecoins could signal a strategic shift as it seeks to capitalize on the growing demand for digital assets.
Meanwhile, a stablecoin associated with Trump is experiencing volatility amid allegations of a coordinated attack. The coin's instability raises concerns about its future viability and the impact of external influences on its market performance.
In another development, Jane Street is under scrutiny for alleged insider trading related to Terraform's collapse in 2022. The allegations suggest potential misconduct within the firm, highlighting ongoing regulatory challenges in the cryptocurrency sector.
Meta Eyes Stablecoin Relaunch; Trump-Linked Coin Faces Turmoil
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