Aug 28: Pepecoin, Prime Trust, Stablecoins, and More
The last remaining founder of Pepecoin sees potential for the coin's revival despite recent challenges. Pepecoin experiences a significant drop as the team transfers a million dollars to exchanges. Prime Trust faces bankruptcy and an incident related to wallets. PayPal's stablecoin PYUSD faces low demand. Oman grapples with the classification of crypto investments under Sharia law. USDC market cap hits a two-year low, attributed to multiple factors. Friend Tech witnesses plummeting revenues as the hype around their social app cools.
#CryptocurrencyNews #Pepecoin #PrimeTrust #Stablecoins #USDC…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.