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As Ethereum prepares for Pectra, the price of its cryptocurrency, $ETH, has been rising. After a recent dip, $ETH has climbed back up to around $2,711, showing a 10% increase in a single day.

In 2024, stablecoins have processed $27.6 trillion in 2024, surpassing traditional payments like Visa and Mastercard.

The new rule, introduced by the Financial Accounting Standards Board (FASB) in December 2024, now allows companies to update the value of their crypto assets each quarter.