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Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion

According to the released white paper, Patricia Token is not a stablecoin but a debt token issued to customers to manage users’ debt. Patricia said it would operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users and promising to pay holders 1 Tether (USDT) for each Patricia Token in the future.

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Source: Cryptocurrency - investing.com

Inflation Has Been Easing Fast, but Wild Cards Lie Ahead

U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says