stably

ChainCatcher news, OKX CEO Star posted on social media that during market fluctuations, the OKX global risk control system is operating stably, the platform is maintaining smooth and steady operations in all regions, and all system indicators are at normal levels.

ChainCatcher message, the South Korean finance minister stated, "I will manage the economy as stably as possible before the new president is elected."

ChainCatcher news, according to SolanaFloor, the Solana network has achieved a continuous year of uninterrupted operation, setting the longest stable operation record since the network was established.

ChainCatcher news, BIAK Global officially released a statement regarding recent rumors circulating in the market.The announcement stated: Since its establishment 5 years ago, BIKA has maintained stable and compliant operations, and has recently completed the globalization upgrade and integration of the BIKA and BIKA Global brands, as well as initiated broader industry collaborations. Currently, the BIKA platform's operations and services are running smoothly, and the deposit and withdrawal channels are functioning well. Users are advised not to believe the rumors and to avoid being deceived.

ChainCatcher news, Web3 payment infrastructure and stablecoin-as-a-service provider Stably announced the launch of the Stably USD stablecoin on the Bitcoin network, symbol #USD. This is a BRC20 standard stablecoin created based on the Bitcoin Ordinals protocol, with each #USD backed 1:1 by US dollars in a collateral account managed by a U.S. regulated custodian, to serve the interests of token holders who have undergone KYC/AML verification. Monthly reports of the account are conducted by a third-party stablecoin auditor to ensure that #USD tokens are always fully backed by US dollars.It is reported that #USD can currently be issued/redeemed by KYC-verified users from over 200 countries/regions (including up to 44 U.S. states) through Fedwire, SWIFT, USDC, and USDT. Stably stated that it has adopted a manual issuance/redeeming process for the initial launch of #USD, but plans to support automated issuance/redeeming through the company's plug-and-play fiat gateway tool, Stably Ramp, in the third quarter of 2023. At that time, #USD users will be able to use more traditional payment methods, including ACH, instant ACH, credit/debit cards, and bank wire transfers. (Source link)