Stablecoin
Retail Trading Of Stablecoin Prohibited Till 2024: Hong Kong Official
Hong Kong's Secretary for Financial Services announced that retail stablecoin trading will be prohibited until 2024. Christopher Hui reported that the restriction will last until…
Crypto Expert Accuses Justin Sun of Running a “Web of Deception”
Crypto expert accused Justin Sun of using wash-trading on the crypto exchange Huobi. LeClair claims USDT deposits on HTX are being swapped for stUSDT without…
Stablecoins Are Not Securities: Circle Argues in Favor of Binance
Circle, the issuer of the USDC stablecoin, has filed an amicus curiae in support of Binance. According to Circle, financial trading laws should not affect…
Justin Sun Injects Fresh $815M Worth of TUSD Into Circulation
Justin Sun minted $815 million in TUSD stablecoins on Friday, September 15, 2023. The newly minted TUSD was replaced by stUSDT and deposited into JustLend.…
LINK Price Expected To Remain Stable After Massive Token Unlock
A few hours ago, about 18.75 million LINK tokens were unlocked and transferred out by multiple non circulating wallet addresses. At press time, LINK was…
Current Version of Stablecoin Bill Won’t Get Signed into Law: Circle CEO
Jeremy Allaire stated that he doesn’t think that the stablecoin bill that came out of the Financial Services Committee will be the version that gets…
BUSD Loses Global Ranking — Is It Time to Look for Another Stablecoin?
BUSD's market capitalization declined by 21% in the past month, according to CoinGecko. In February, Paxos severed ties with Binance and ceased minting BUSD due…
Stablecoins Are The True Killer App of Crypto, Says Peter Johnson
Co-Head of Venture Investments at Brevean Howard Digital Peter Johnson hails stablecoins like Tether and USDC as the crypto "killer app”. Stablecoins offer efficient, low-cost…
Chinese Authorities Burst $1.5M USDT Fraud Scheme, Remands 4 Suspects
Four people were arrested in China for a crypto fraud scheme involving over $1.5 million. The suspects lured victims by encouraging them to invest in…
Ripple CTO: ODL Can Integrate with DEXs, But Stablecoins Holding Progress
Ripple is investigating ways to DEXs into its On-Demand Liquidity product. Integrating DEXs into ODL could make it more efficient and reduce costs. The lack…
