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Tether Introduces Gold-Backed stablecoin

Category: News Date: June 18, 2024

Tether has introduced Alloy, a series of gold-collateralized assets.
The first product, AUSDT, is a token that mirrors the U.S. dollar's value but is backed by Tether Gold (XAUT).
This innov...

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Turkey Eyes BRICS Membership

Category: News Date: June 4, 2024

June 9 update:
Turkiye's foreign minister will travel to Russia on June 10 to attend a meeting of foreign ministers of the BRICS+.
Older news:
Turkey, a NATO member, is expressing inte...

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Saudi Arabia to End Petrodollar Pact

Category: News Date: June 1, 2024

In June 2024, Saudi Arabia is expected to announce that it will cease all oil sales in US dollars, marking the end of the 50-year Petrodollar Pact signed on June 6, 1974, which expires on June 9, 2024...

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US House Passes Anti-CBDC Bill

Category: News Date: May 23, 2024

The US House of Representatives passed the CBDC Anti-Surveillance State Act, which aims to ban the Federal Reserve from creating a Central Bank Digital Currency (CBDC).
The bill, passed with a vo...

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Iran Joins Russia in BRICS Currency Initiative

Category: News Date: May 19, 2024

Iran is collaborating with Russia in BRICS initiatives, including developing a single currency for the bloc, according to Iranian Ambassador to Russia Kazem Jalali.
He highlighted Iran's active r...

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