Centre Assembles Team To Create Global Stablecoin Network – August 31

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$47,286

Bitcoin price finds itself in the $47,000s for yet another day in a row, as price fails to hold the $48,000 range overnight.

Top-20 altcoins have had mixed results over the last day of trading, as Ethereum gains 5%, Binance Coin falls 3% and Solana blasts ahead with an 18% rise.

Top Stories for August 31, 2021 🔥

👉 Centre Assembles Team To Create Global Stablecoin Network

The Centre Consortium, founded by Circle and Coinbase, has assembled a new team to “create a global network of stablecoins”.

As part of its plans to expand internationally, Centre is looking to partner with financial services and payment processing companies. Currently, the organisation is targeting areas including Africa and Asia.

👉 Nigerian Central Bank Partners With Britt Inc For CBDC

The Central Bank of Nigeria (CBN) has partnered with Barbados-based fintech company, Britt Inc, as its technical partner for Nigeria’s central bank digital currency (CBDC).

The CBDC, called the e-naira, will be pegged to the value of Nigeria’s fiat currency, with plans to pilot the token in October of this year.

👉 Polkadot Lending Platform Parallel Finance Raises $22M

Parallel Finance, a decentralized finance (DeFi) platform built on then Polkadot network, has successfully raised $22 million in Series A funding.

The raise values the platform at $150 million overall, as Parallel looks to double its staff and build across additional blockchains.