Breaking: Kraken, Galaxy Digital, Others Launches Global Dollar Network

Quick Summary:

Top Web3 companies including Kraken, Galaxy Digital, Robinhood and Paxos have jointly launched the Global Dollar Network.

This is a major statement from these firms to drive the dominance of the US Dollar, through new stablecoin use cases across the board.

It is not unusual for crypto firms to jointly form an alliance to promote a cause.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: IndiaSingapore

Topics: Stablecoin 24/7 Cryptocurrency News Kraken

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 22:20:49 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 156 words

Reading Time: 1 minutes read

Sentences: 31 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23413339

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 36 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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Publisher ID: #59

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