Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times.
The trading volume of ARA (ARA) is $2.00 in the last 24 hours, with stable market activity.
ARA (ARA) reached an all-time high of $0.00 and an all-time low of $0.00 . It's now trading 0.00% above that peak and 0.00% above its lowest price.
Market capitalization of ARA (ARA) is $206,246 and is ranked #4727 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ARA tokens (826,894,009 tokens are tradable on the market today).
The fully diluted valuation (FDV) of ARA (ARA) is $249,000. This is a statistical representation of the maximum market cap, assuming the maximum number of 1,000,000,000 ARA tokens are in circulation today. Depending on how the emission schedule of ARA tokens are designed, it might take multiple years before FDV is realized.
With a price decrease of 9.19% in the last 7 days, ARA (ARA) is underperforming the global cryptocurrency market which is up 5.1%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.
The circulating supply of ARA (ARA) is 826,894,009 ARA tokens, which represents 82.69% of the maximum supply of 1,000,000,000 tokens.
You can buy ARA (ARA) on various cryptocurrency exchanges. The most popular exchanges for trading ARA are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX). Always ensure you're using a reputable exchange and enable two-factor authentication for security.
News
Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times.
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