• bitcoinBitcoin (BTC) $ 105,931.00
  • ethereumEthereum (ETH) $ 3,330.89
  • xrpXRP (XRP) $ 3.17
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 249.97
  • bnbBNB (BNB) $ 692.36
  • dogecoinDogecoin (DOGE) $ 0.371897
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,324.56
  • tronTRON (TRX) $ 0.244951
  • chainlinkChainlink (LINK) $ 26.59
  • avalanche-2Avalanche (AVAX) $ 36.99
  • suiSui (SUI) $ 4.71
  • wrapped-stethWrapped stETH (WSTETH) $ 3,950.80
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,643.00
  • stellarStellar (XLM) $ 0.442827
  • the-open-networkToncoin (TON) $ 5.22
  • hedera-hashgraphHedera (HBAR) $ 0.337053
  • shiba-inuShiba Inu (SHIB) $ 0.000021
  • wethWETH (WETH) $ 3,330.94
  • polkadotPolkadot (DOT) $ 6.66
  • litecoinLitecoin (LTC) $ 118.87
  • parkcoinParkcoin (KPK) $ 1.11
  • leo-tokenLEO Token (LEO) $ 9.63
  • bitcoin-cashBitcoin Cash (BCH) $ 447.64
  • bitget-tokenBitget Token (BGB) $ 7.22
  • official-trumpOfficial Trump (TRUMP) $ 42.03
  • uniswapUniswap (UNI) $ 13.49
  • hyperliquidHyperliquid (HYPE) $ 23.49
  • pepePepe (PEPE) $ 0.000016
  • wrapped-eethWrapped eETH (WEETH) $ 3,511.97
  • usdsUSDS (USDS) $ 1.00
  • nearNEAR Protocol (NEAR) $ 5.27
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • aaveAave (AAVE) $ 373.60
  • aptosAptos (APT) $ 8.75
  • internet-computerInternet Computer (ICP) $ 9.90
  • ondo-financeOndo (ONDO) $ 1.37
  • whitebitWhiteBIT Coin (WBT) $ 28.53
  • ethereum-classicEthereum Classic (ETC) $ 27.13
  • vechainVeChain (VET) $ 0.049391
  • moneroMonero (XMR) $ 212.80
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.453694
  • crypto-com-chainCronos (CRO) $ 0.138919
  • render-tokenRender (RENDER) $ 7.23
  • mantleMantle (MNT) $ 1.09
  • algorandAlgorand (ALGO) $ 0.427534
  • daiDai (DAI) $ 0.999975
  • okbOKB (OKB) $ 58.72
  • mantra-daoMANTRA (OM) $ 3.66
  • kaspaKaspa (KAS) $ 0.137000
  • bittensorBittensor (TAO) $ 423.96
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.30
  • filecoinFilecoin (FIL) $ 5.28
  • arbitrumArbitrum (ARB) $ 0.724314
  • ethenaEthena (ENA) $ 0.945981
  • gatechain-tokenGate (GT) $ 21.78
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.72
  • cosmosCosmos Hub (ATOM) $ 6.24
  • bonkBonk (BONK) $ 0.000033
  • celestiaCelestia (TIA) $ 4.93
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.95
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,958.00
  • optimismOptimism (OP) $ 1.76
  • blockstackStacks (STX) $ 1.49
  • injective-protocolInjective (INJ) $ 22.79
  • raydiumRaydium (RAY) $ 7.54
  • immutable-xImmutable (IMX) $ 1.25
  • theta-tokenTheta Network (THETA) $ 2.12
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,330.91
  • the-graphThe Graph (GRT) $ 0.210184
  • worldcoin-wldWorldcoin (WLD) $ 2.16
  • sonic-3Sonic (prev. FTM) (S) $ 0.601230
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 105,978.00
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,438.42
  • binance-staked-solBinance Staked SOL (BNSOL) $ 257.36
  • xdce-crowd-saleXDC Network (XDC) $ 0.116013
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997020
  • lido-daoLido DAO (LDO) $ 1.92
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,721.04
  • flare-networksFlare (FLR) $ 0.029852
  • fasttokenFasttoken (FTN) $ 3.86
  • movementMovement (MOVE) $ 0.706507
  • fartcoinFartcoin (FARTCOIN) $ 1.61
  • sei-networkSei (SEI) $ 0.360527
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,502.70
  • jupiter-exchange-solanaJupiter (JUP) $ 0.886599
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.023704
  • galaGALA (GALA) $ 0.034208
  • solana-swapSolana Swap (SOS) $ 1.47
  • dogwifcoindogwifhat (WIF) $ 1.45
  • the-sandboxThe Sandbox (SAND) $ 0.583652
  • flokiFLOKI (FLOKI) $ 0.000147
  • kucoin-sharesKuCoin (KCS) $ 11.33
  • nexoNEXO (NEXO) $ 1.37
  • jasmycoinJasmyCoin (JASMY) $ 0.028039
  • msolMarinade Staked SOL (MSOL) $ 314.60
  • spx6900SPX6900 (SPX) $ 1.42
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 105,552.00
  • kaiaKaia (KAIA) $ 0.222937
  • eosEOS (EOS) $ 0.851841
  • susdssUSDS (SUSDS) $ 1.03
  • tezosTezos (XTZ) $ 1.22
  • usual-usdUsual USD (USD0) $ 1.00
  • ai16zai16z (AI16Z) $ 1.13
  • thorchainTHORChain (RUNE) $ 3.48
  • iotaIOTA (IOTA) $ 0.335818
  • ethereum-name-serviceEthereum Name Service (ENS) $ 35.07
  • makerMaker (MKR) $ 1,305.87
  • pyth-networkPyth Network (PYTH) $ 0.320812
  • flowFlow (FLOW) $ 0.720670
  • dexeDeXe (DEXE) $ 19.55
  • beam-2Beam (BEAM) $ 0.020770
  • curve-dao-tokenCurve DAO (CRV) $ 0.859696
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 104,931.00
  • bittorrentBitTorrent (BTT) $ 0.000001
  • bitcoin-svBitcoin SV (BSV) $ 53.01
  • neoNEO (NEO) $ 14.69
  • arweaveArweave (AR) $ 15.36
  • aioz-networkAIOZ Network (AIOZ) $ 0.874633
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 268.66
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,438.54
  • axie-infinityAxie Infinity (AXS) $ 6.11
  • starknetStarknet (STRK) $ 0.396273
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.372616
  • decentralandDecentraland (MANA) $ 0.497379
  • based-brettBrett (BRETT) $ 0.092614
  • elrond-erd-2MultiversX (EGLD) $ 32.28
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,328.13
  • dydx-chaindYdX (DYDX) $ 1.22
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 105,739.00
  • wbnbWrapped BNB (WBNB) $ 693.01
  • jito-governance-tokenJito (JTO) $ 3.00
  • matic-networkPolygon (MATIC) $ 0.454034
  • aerodrome-financeAerodrome Finance (AERO) $ 1.11
  • coredaoorgCore (CORE) $ 0.856432
  • zcashZcash (ZEC) $ 49.68
  • heliumHelium (HNT) $ 4.44
  • conflux-tokenConflux (CFX) $ 0.158477
  • deepDeepBook (DEEP) $ 0.305593
  • usddUSDD (USDD) $ 0.998355
  • apecoinApeCoin (APE) $ 1.03
  • reserve-rights-tokenReserve Rights (RSR) $ 0.013681
  • akash-networkAkash Network (AKT) $ 2.97
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,327.57
  • chilizChiliz (CHZ) $ 0.078047
  • morphoMorpho (MORPHO) $ 3.33
  • gigachad-2Gigachad (GIGA) $ 0.075028
  • compound-governance-tokenCompound (COMP) $ 80.34
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,333.63
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,507.11
  • mog-coinMog Coin (MOG) $ 0.000002
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 105,826.00
  • ecasheCash (XEC) $ 0.000034
  • wormholeWormhole (W) $ 0.239242
  • tether-goldTether Gold (XAUT) $ 2,723.72
  • echelon-primeEchelon Prime (PRIME) $ 12.61
  • roninRonin (RON) $ 1.75
  • eigenlayerEigenlayer (EIGEN) $ 2.77
  • fraxFrax (FRAX) $ 0.997861
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.23
  • amp-tokenAmp (AMP) $ 0.007497
  • pendlePendle (PENDLE) $ 3.83
  • mina-protocolMina Protocol (MINA) $ 0.520016
  • usdx-money-usdxusdx.money USDX (USDX) $ 1.00
  • melania-memeMelania Meme (MELANIA) $ 4.18
  • gnosisGnosis (GNO) $ 236.70
  • pumpbtcpumpBTC (PUMPBTC) $ 100,950.00
  • vethor-tokenVeThor (VTHO) $ 0.006933
  • zksyncZKsync (ZK) $ 0.160071
  • havvenSynthetix Network (SNX) $ 1.73
  • telcoinTelcoin (TEL) $ 0.007244
  • aixbtaixbt by Virtuals (AIXBT) $ 0.655401
  • pax-goldPAX Gold (PAXG) $ 2,738.88
  • axelarAxelar (AXL) $ 0.617530
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,621.17
  • griffainGRIFFAIN (GRIFFAIN) $ 0.554666
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 105,987.00
  • dydxdYdX (ETHDYDX) $ 1.22
  • ai-rig-complexAI Rig Complex (ARC) $ 0.550149
  • beldexBeldex (BDX) $ 0.078890
  • notcoinNotcoin (NOT) $ 0.005305
  • resolv-usrResolv USR (USR) $ 0.999939
  • kavaKava (KAVA) $ 0.481541
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • superfarmSuperVerse (SUPER) $ 1.13
  • insurance-2INSURANCE (INSURANCE) $ 27.16
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 3,334.24
  • true-usdTrueUSD (TUSD) $ 1.00
  • popcatPopcat (POPCAT) $ 0.501576
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000089
  • freysa-aiFreysa AI (FAI) $ 0.059984
  • 1inch1inch (1INCH) $ 0.349419
  • apenftAPENFT (NFT) $ 0.00000049
  • chex-tokenCHEX Token (CHEX) $ 0.482187
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,328.36
  • frax-etherFrax Ether (FRXETH) $ 3,323.28
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004769
  • tbtctBTC (TBTC) $ 105,853.00
  • bitcoinBitcoin (BTC) $ 105,931.00
  • ethereumEthereum (ETH) $ 3,330.89
  • xrpXRP (XRP) $ 3.17
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 249.97
  • bnbBNB (BNB) $ 692.36
  • dogecoinDogecoin (DOGE) $ 0.371897
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,324.56
  • tronTRON (TRX) $ 0.244951
  • chainlinkChainlink (LINK) $ 26.59
  • avalanche-2Avalanche (AVAX) $ 36.99
  • suiSui (SUI) $ 4.71
  • wrapped-stethWrapped stETH (WSTETH) $ 3,950.80
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,643.00
  • stellarStellar (XLM) $ 0.442827
  • the-open-networkToncoin (TON) $ 5.22
  • hedera-hashgraphHedera (HBAR) $ 0.337053
  • shiba-inuShiba Inu (SHIB) $ 0.000021
  • wethWETH (WETH) $ 3,330.94
  • polkadotPolkadot (DOT) $ 6.66
  • litecoinLitecoin (LTC) $ 118.87
  • parkcoinParkcoin (KPK) $ 1.11
  • leo-tokenLEO Token (LEO) $ 9.63
  • bitcoin-cashBitcoin Cash (BCH) $ 447.64
  • bitget-tokenBitget Token (BGB) $ 7.22
  • official-trumpOfficial Trump (TRUMP) $ 42.03
  • uniswapUniswap (UNI) $ 13.49
  • hyperliquidHyperliquid (HYPE) $ 23.49
  • pepePepe (PEPE) $ 0.000016
  • wrapped-eethWrapped eETH (WEETH) $ 3,511.97
  • usdsUSDS (USDS) $ 1.00
  • nearNEAR Protocol (NEAR) $ 5.27
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • aaveAave (AAVE) $ 373.60
  • aptosAptos (APT) $ 8.75
  • internet-computerInternet Computer (ICP) $ 9.90
  • ondo-financeOndo (ONDO) $ 1.37
  • whitebitWhiteBIT Coin (WBT) $ 28.53
  • ethereum-classicEthereum Classic (ETC) $ 27.13
  • vechainVeChain (VET) $ 0.049391
  • moneroMonero (XMR) $ 212.80
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.453694
  • crypto-com-chainCronos (CRO) $ 0.138919
  • render-tokenRender (RENDER) $ 7.23
  • mantleMantle (MNT) $ 1.09
  • algorandAlgorand (ALGO) $ 0.427534
  • daiDai (DAI) $ 0.999975
  • okbOKB (OKB) $ 58.72
  • mantra-daoMANTRA (OM) $ 3.66
  • kaspaKaspa (KAS) $ 0.137000
  • bittensorBittensor (TAO) $ 423.96
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.30
  • filecoinFilecoin (FIL) $ 5.28
  • arbitrumArbitrum (ARB) $ 0.724314
  • ethenaEthena (ENA) $ 0.945981
  • gatechain-tokenGate (GT) $ 21.78
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.72
  • cosmosCosmos Hub (ATOM) $ 6.24
  • bonkBonk (BONK) $ 0.000033
  • celestiaCelestia (TIA) $ 4.93
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.95
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,958.00
  • optimismOptimism (OP) $ 1.76
  • blockstackStacks (STX) $ 1.49
  • injective-protocolInjective (INJ) $ 22.79
  • raydiumRaydium (RAY) $ 7.54
  • immutable-xImmutable (IMX) $ 1.25
  • theta-tokenTheta Network (THETA) $ 2.12
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,330.91
  • the-graphThe Graph (GRT) $ 0.210184
  • worldcoin-wldWorldcoin (WLD) $ 2.16
  • sonic-3Sonic (prev. FTM) (S) $ 0.601230
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 105,978.00
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,438.42
  • binance-staked-solBinance Staked SOL (BNSOL) $ 257.36
  • xdce-crowd-saleXDC Network (XDC) $ 0.116013
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997020
  • lido-daoLido DAO (LDO) $ 1.92
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,721.04
  • flare-networksFlare (FLR) $ 0.029852
  • fasttokenFasttoken (FTN) $ 3.86
  • movementMovement (MOVE) $ 0.706507
  • fartcoinFartcoin (FARTCOIN) $ 1.61
  • sei-networkSei (SEI) $ 0.360527
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,502.70
  • jupiter-exchange-solanaJupiter (JUP) $ 0.886599
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.023704
  • galaGALA (GALA) $ 0.034208
  • solana-swapSolana Swap (SOS) $ 1.47
  • dogwifcoindogwifhat (WIF) $ 1.45
  • the-sandboxThe Sandbox (SAND) $ 0.583652
  • flokiFLOKI (FLOKI) $ 0.000147
  • kucoin-sharesKuCoin (KCS) $ 11.33
  • nexoNEXO (NEXO) $ 1.37
  • jasmycoinJasmyCoin (JASMY) $ 0.028039
  • msolMarinade Staked SOL (MSOL) $ 314.60
  • spx6900SPX6900 (SPX) $ 1.42
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 105,552.00
  • kaiaKaia (KAIA) $ 0.222937
  • eosEOS (EOS) $ 0.851841
  • susdssUSDS (SUSDS) $ 1.03
  • tezosTezos (XTZ) $ 1.22
  • usual-usdUsual USD (USD0) $ 1.00
  • ai16zai16z (AI16Z) $ 1.13
  • thorchainTHORChain (RUNE) $ 3.48
  • iotaIOTA (IOTA) $ 0.335818
  • ethereum-name-serviceEthereum Name Service (ENS) $ 35.07
  • makerMaker (MKR) $ 1,305.87
  • pyth-networkPyth Network (PYTH) $ 0.320812
  • flowFlow (FLOW) $ 0.720670
  • dexeDeXe (DEXE) $ 19.55
  • beam-2Beam (BEAM) $ 0.020770
  • curve-dao-tokenCurve DAO (CRV) $ 0.859696
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 104,931.00
  • bittorrentBitTorrent (BTT) $ 0.000001
  • bitcoin-svBitcoin SV (BSV) $ 53.01
  • neoNEO (NEO) $ 14.69
  • arweaveArweave (AR) $ 15.36
  • aioz-networkAIOZ Network (AIOZ) $ 0.874633
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 268.66
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,438.54
  • axie-infinityAxie Infinity (AXS) $ 6.11
  • starknetStarknet (STRK) $ 0.396273
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.372616
  • decentralandDecentraland (MANA) $ 0.497379
  • based-brettBrett (BRETT) $ 0.092614
  • elrond-erd-2MultiversX (EGLD) $ 32.28
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,328.13
  • dydx-chaindYdX (DYDX) $ 1.22
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 105,739.00
  • wbnbWrapped BNB (WBNB) $ 693.01
  • jito-governance-tokenJito (JTO) $ 3.00
  • matic-networkPolygon (MATIC) $ 0.454034
  • aerodrome-financeAerodrome Finance (AERO) $ 1.11
  • coredaoorgCore (CORE) $ 0.856432
  • zcashZcash (ZEC) $ 49.68
  • heliumHelium (HNT) $ 4.44
  • conflux-tokenConflux (CFX) $ 0.158477
  • deepDeepBook (DEEP) $ 0.305593
  • usddUSDD (USDD) $ 0.998355
  • apecoinApeCoin (APE) $ 1.03
  • reserve-rights-tokenReserve Rights (RSR) $ 0.013681
  • akash-networkAkash Network (AKT) $ 2.97
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,327.57
  • chilizChiliz (CHZ) $ 0.078047
  • morphoMorpho (MORPHO) $ 3.33
  • gigachad-2Gigachad (GIGA) $ 0.075028
  • compound-governance-tokenCompound (COMP) $ 80.34
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,333.63
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,507.11
  • mog-coinMog Coin (MOG) $ 0.000002
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 105,826.00
  • ecasheCash (XEC) $ 0.000034
  • wormholeWormhole (W) $ 0.239242
  • tether-goldTether Gold (XAUT) $ 2,723.72
  • echelon-primeEchelon Prime (PRIME) $ 12.61
  • roninRonin (RON) $ 1.75
  • eigenlayerEigenlayer (EIGEN) $ 2.77
  • fraxFrax (FRAX) $ 0.997861
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.23
  • amp-tokenAmp (AMP) $ 0.007497
  • pendlePendle (PENDLE) $ 3.83
  • mina-protocolMina Protocol (MINA) $ 0.520016
  • usdx-money-usdxusdx.money USDX (USDX) $ 1.00
  • melania-memeMelania Meme (MELANIA) $ 4.18
  • gnosisGnosis (GNO) $ 236.70
  • pumpbtcpumpBTC (PUMPBTC) $ 100,950.00
  • vethor-tokenVeThor (VTHO) $ 0.006933
  • zksyncZKsync (ZK) $ 0.160071
  • havvenSynthetix Network (SNX) $ 1.73
  • telcoinTelcoin (TEL) $ 0.007244
  • aixbtaixbt by Virtuals (AIXBT) $ 0.655401
  • pax-goldPAX Gold (PAXG) $ 2,738.88
  • axelarAxelar (AXL) $ 0.617530
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,621.17
  • griffainGRIFFAIN (GRIFFAIN) $ 0.554666
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 105,987.00
  • dydxdYdX (ETHDYDX) $ 1.22
  • ai-rig-complexAI Rig Complex (ARC) $ 0.550149
  • beldexBeldex (BDX) $ 0.078890
  • notcoinNotcoin (NOT) $ 0.005305
  • resolv-usrResolv USR (USR) $ 0.999939
  • kavaKava (KAVA) $ 0.481541
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • superfarmSuperVerse (SUPER) $ 1.13
  • insurance-2INSURANCE (INSURANCE) $ 27.16
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 3,334.24
  • true-usdTrueUSD (TUSD) $ 1.00
  • popcatPopcat (POPCAT) $ 0.501576
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000089
  • freysa-aiFreysa AI (FAI) $ 0.059984
  • 1inch1inch (1INCH) $ 0.349419
  • apenftAPENFT (NFT) $ 0.00000049
  • chex-tokenCHEX Token (CHEX) $ 0.482187
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,328.36
  • frax-etherFrax Ether (FRXETH) $ 3,323.28
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004769
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Will Stringent Regulations Make Stablecoins New Mode of Payment in UK?

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The UK Financial Conduct Authority (FCA) and the Bank of England (Bank) have opened feedback for two papers discussing stablecoin regulations. The papers consider how these assets can be used safely for future payment systems on a system-wide scale.

The paper from the FCA proposes that stablecoin issuers ensure “good outcomes” for their customers. The Bank of England said stablecoins could enhance digital retail payments with firmer regulations.

Central Bank Could Oversee Stablecoin Issuers

FCA executive director Sheldon Mills said of the proposal that stablecoins can make payments cheaper and faster. That is why the public must help refine the rules needed to make such transactions safer.

“Stablecoins have the potential to make payments faster and cheaper for all, and that’s why we want to offer firms the ability to utilize this innovation safely and securely. Getting views from others is essential for creating proportionate rules that benefit consumers and firms and also meet our objectives.”

The FCA said that issuers of stablecoins act in the best interest of the customer. The bank discussed ideas around how it would govern payment systems through its Prudential Regulation Authority, which polices financial services.

The bank’s paper warned banks to clearly mark stablecoin deposits to avoid customers confusing them with traditional deposits. Banks and other issuers should only issue stablecoins from non-deposit-taking and insolvency-remote entities.

Will Stringent Regulations Make Stablecoins New Mode of Payment in UK?

Stablecoin vs. traditional payments | Source: S&P Global

Banks must also take care to ensure operational resilience and take measures to fight money laundering, liquidity, and terrorism financing risks. The comment period for the discussion papers will end on Feb. 6, 2024.

Stablecoins are digital assets that track the value of money issued by governments. Their issuers must keep one unit of fiat currency for every stablecoin they issue into the market.

Crypto exchanges can sell stablecoins to customers in exchange for fiat. To do this, exchanges often enlist the help of third parties that operate networks to bring fiat value onto blockchains.

US Regulators Lag Asian Counterparts

Several countries are in the process of creating or enacting stablecoin regulations. Following its earlier bill for crypto assets and exchanges in June, Hong Kong hopes to release new laws for stablecoins and tokenized assets as the next phases of their digital asset regulations.

The Monetary Authority of Singapore finalized stablecoin regulations in August, while the European Union has provided rules for stablecoins in its Markets in Crypto-Assets bill coming out next year. Jeremy Allaire, the CEO of Circle, which issues a dollar-backed stablecoin, said in September that he doesn’t see US stablecoin regulations being passed anytime soon.

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