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Essential DeFi strategies for financial transformation

The Payments Association

of the total cryptocurrency market capitalization, with a total market cap of $162.36 Tether (USDT) remains the dominant stablecoin, with a market cap of $125 billion as of November 13, 2024. USD Coin (USDC) is the second-largest, with a market cap of $35.58 As of June 2024, stablecoins accounted for 6.5% billion in May 2022.

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In Kenya, Banks Explore Blockchain For Payments

PYMNTS

Bloomberg reports that banks in Kenya are pursuing regulatory approval to use distributed ledger technologies (DLT) to help facilitate payments and create credit scoring models. But, Kenya’s central bank has sounded a note of caution. percent last year to 2.2 trillion shillings.

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Banks And The Blockchain Scramble

PYMNTS

Banks seem smitten by blockchain. Traditional banks, especially, and central banks, too. PwC writes in its “Global Blockchain Survey 2018” that responses from 600 executives across 15 territories are embracing distributed ledger technology (DLT) with enthusiasm.