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Jewel Bank, Polygon to launch Bermuda’s first USD-backed stablecoin

Called Jewel USD (JUSD), the first stablecoin to be released in the territory is powered by the Polygon blockchain, enabling transactions between wallets available to institutional clients. In the future, the bank plans to use the Polygon ecosystem for commercial and retail stablecoin-based payment solutions, including transactions between institutions and businesses and payments between individuals.

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Source: Cryptocurrency - investing.com

TSX hits 5-week low as Fed’s hawkish stance fuels recession worries

‘Big Time’ and other Web3 games take home the gold at the inaugural GAM3 awards