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Showing posts with the label stablecoins

Trump Tower in Dubai to accept crypto payments

Summary ⚈ Trump Tower Dubai will accept cryptocurrency payments for apartments priced from $1 million. ⚈ Eric Trump says the project will redefine luxury and price standards in Dubai real estate. ⚈ Crypto volatility concerns have eased with stablecoins, making real estate payments more viable. Scheduled for completion in 2029, the 47-story Trump Tower in Dubai, located on Sheikh Zayed Road, will offer a variety of purchasing plans, with prices estimated to range from $1 million for a four-bedroom apartment to $20.4 million for a penthouse. Notably, the Trump Organisation has confirmed it will accept cryptocurrency payments for property purchases, per a statement made by EVP Eric Trump to The National , a United Arab Emirates-based news outlet, on April 29. “Dubai’s real estate market is going to continue to absolutely boom and we’re going to set the kind of new standard in terms of price per square foot and luxury in the market,” Mr Trump said. T...

USDC Stablecoin Issuer Circle Files for IPO

Circle, a stablecoin platform and issuer of the USDC coin, has officially filed for IPO, according to a new SEC filing Tuesday. The platform enlisted the help of two of the largest investment banks, JPMorgan and Citi, earlier this week in underwriting the IPO. JUST IN: Circle $USDC stablecoin issuer files for IPO. — Watcher.Guru (@WatcherGuru) April 1, 2025 Circle announced in January 2024 that it was relaunching its plans to go public after delaying a planned IPO in December 2022. The company sent its S-1 registration form to the SEC on Tuesday. Although we are just three months into the year, 2025 has been a fantastic year for cryptocurrencies. Indeed, the asset class has been a focus for the returning US President, Donald Trump. Moreover, he has paid close attention to stablecoins specifically, calling on Congress to forward favorable legislation for the asset class. This is the primary reason for a company like Circle looking to finally go public with its IPO. When the filing is co...

New Trump Family Altcoin Project Confirmed, With 63% of Token Supply to Be Sold to Public

Former president Donald Trump and his family have confirmed the launch of their upcoming decentralized finance (DeFi) project World Liberty Financial and an accompanying token. In a discussion on the social media platform X with Trump and his three sons, the team confirmed that the upcoming DeFi project will indeed have a governance token dubbed WLFI. While Donald Trump himself didn’t directly comment on the token, crypto investor and entrepreneur Farokh Sarmad acted as a spokesman for the project, issuing the following statement. “The answer is yes, there will be a token. Because I knew you were going to ask me about this, I prepared a written statement that I’m going to read that I’m going to give everybody a little context and make sure that they understand exactly what the token is about. At World Liberty Financial we believe that it is important for there to be broad-based participation in the direction of the World Liberty Financial...