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#Stablecoin issuance

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XRP Ledger Prepares Fix for Flaw Allowing Stablecoin Partners to Print Tokens
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XRP Ledger Prepares Fix for Flaw Allowing Stablecoin Partners to Print Tokens

Key Highlights: The XRP Ledger is scheduled to activate the fixCleanup3_4_0 amendment on Wednesday to patch a token creation permission vulnerability. The loophole allowed accounts granted only token-burning rights to improperly mint issued assets, including stablecoins, under certain circumstances. The patch has secured backing from 33 of 35 trusted validators, surpassing the mandatory 80% consensus ...

Tether’s USDT Is ‘coming home’ to Bitcoin This Month, More Than a Decade After Its Debut There
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Tether’s USDT Is ‘coming home’ to Bitcoin This Month, More Than a Decade After Its Debut There

Key Highlights Tether’s $USDT is set to return to the Bitcoin network through the Tether-backed Utexo project. Utexo has received a commercial license to issue $USDT on Bitcoin and plans to begin this month. Tether holds approximately 100,000 $BTC, valued at $8.4 billion, according to Bitcoin Treasuries. Tether’s $USDT prepares to return to Bitcoin Tether’s ...