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CoinGape

CoinGape

Breaking: Kraken, Galaxy Digital, Others Launches Global Dollar Network

CoinGape
Summary
Nutrition label

62% Informative

Top Web3 companies including Kraken , Galaxy Digital , Robinhood and Paxos have jointly launched the Global Dollar Network .

This is a major statement from these firms to drive the dominance of the US Dollar .

The move comes at a time when the clamor around stablecoin regulation is growing across the board.

Besides the US , other regions are making concerted efforts to drive defined rules to guide stablecoin.

VR Score

37

Informative language

21

Neutral language

46

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links