Development

PayPal introduces its own stablecoin for transfers and payments.

The price of Quant (QNT) is bearish, but is in an upward correction.

Visa has announced the development of a programmable financial platform for Real Digital - a digital currency of the Central Bank of Brazil (CBDC) that is scheduled for launch in 2024.

Nexus Project has launched its decentralized, distributed blockchain system focused on contributing to economic development by increasing accessibility and encouraging consumption.

On January 31, Meta, Facebook's parent company, announced that it had sold its cryptocurrency project Diem. It seems that this clears the way for their new NFT market.

A member of the Belgian Parliament, Christophe De Beukelaer, will convert his entire 2022 salary into Bitcoin. He will thus become the first European politician to support cryptocurrency in this way.

Blockchain is thriving at the moment. Multiple-use cases exist and new ones keep popping up each day. The latest of which is DOGIOH.

On December 14, Ukraine's TASCOMBANK announced the launch of a pilot project to test the functionality of the electronic hryvnia. Although the National Bank (NBU) supports this project, it claims that it is the only institution authorized to issue the CBDC, so the pilot project will not have a significant impact on the development process.

On the 25th, 'Onston' and 2Y Entertainment (CEO Yoon-jae Yoon) announced that they had signed an MOU for NFT development of blockchain technology and establishment of Onston's multi-metaverse ecosystem.