coins

Trump Calls for End of Penny Production, Citing Its Impact on Consumers

11 days ago

Former U.S. President Donald Trump is advocating for the cessation of penny production, also known as one-cent coins, arguing that this decision could positively impact the country's economy and simplify life for consumers. Trump points to the outdated nature of this coin, accusing it of burdening businesses and being an ineffective tool for modern financial transactions.

Stablecoins in Singapore: Payments Reach Almost $1 Billion

5 months ago

Recent data shows that the use of stablecoins in payment transactions in Singapore has significantly increased, reaching nearly $1 billion. This indicates a growing interest in digital currencies and their integration into everyday financial operations. Stablecoins, which are cryptocurrencies pegged to fiat currencies, are becoming increasingly popular among businesses and consumers seeking faster and more secure methods of transaction.