Silvergate has been going through turmoil as the bank recently announced that there would be a delay in filing its annual 10-K report and also announced that it would have...
Blockchain and transaction tracker and analytics platform Whale Alert reported on March 2 that 50,000,000 USDC worth $50,043,042 USD was burned at USDC Treasury. Simultaneously, the Twitter handle of the...
Three Japanese banks, including Tokyo Kiraboshi Financial Group, Minna no Bank, and The Shikoku Bank, have initiated their venture on experimenting with stablecoins on an Ethereum-compatible blockchain as an initial...
According to the latest report, Tether Limited Inc., the leading cryptocurrency exchange that launched the asset-backed stablecoin Tether has moved a major share of its reserves to three financial institutions...
Emurgo, the founding entity of Cardano, claims that the scheduled native stablecoin USDA under development will bring stability to the network, among other underlying benefits. USDA is one of the...
Tether Holdings Limited, the issuer of the largest stablecoin, USDT, said it no longer holds any short-term, unsecured debt against its balance sheet after announcing a $700 million profit in...
VISA Inc, one of the biggest payment processing firms in the world, has begun experimenting with stablecoin settlements on their network. The CEO of VISA’s crypto department, Cuy Sheffield, confirmed...
COTI, the layer-one protocol overseeing the upcoming algorithmic stablecoin of the Cardano blockchain, has shared an update regarding the collateralization ratio of the coin. In a blog post over the...
The highly scalable blockchain platform Fantom shared its decision to introduce its stablecoin fUSD’s version 2, while version 1 migrates to version 2. The new version is launched with the...
COTI, the layer-one protocol overseeing the upcoming algorithmic stablecoin of the Cardano blockchain, has officially confirmed that the long-awaiting ‘DJED’ stablecoin will premiere next week. In an official blog post...
As per the reports of a local financial authority, the Financial Services Agency (FSA) of Japan announced that the new regulations on crypto would be implemented from June 2023, permitting...
The World Economic Forum’s (WEF) annual summit commenced on January 16 in the snowy Davos, Switzerland, intending to discuss various topics among which crypto and crypto regulations are a major...
The community of MakerDAO is voting to decide if Gemini’s GUSD stablecoin should be held in their reserve. The vote is rather important for Gemini as the exchange navigates the...
It is the third day of the World Economic Forum, and today, the forum will hold a discussion on how Blockchains and Stablecoins successfully provided aid to refugees in Ukraine....
Russian news outlet Vedomosti reported that Iran and Russia are collaborating on a “token of the Persian Gulf region” to be used for payment in international trade. According to Alexander...
Reportedly, the leading stablecoin Tether (USDT) has outdone the major credit card providers including Visa and Mastercard in terms of settlement volume. Notably, the settlement volume of USDT is $18.2...
During the Crypto Finance Conference, at St. Moritz, Switzerland, Eswar Prasad, Professor at Cornell University warned that the fall of the major stablecoins could severely impact the US bond markets....
Today, Twitter influencer and on-chain analyst Patrick, also known as, Dynamo DeFi tweeted that circulating stablecoins is the most underrated metric for assessing chains. He also added that while this...
Mike Alfred, an investor who serves as a board member of BTC miner Iris Energy and digital asset investment platform Eaglebrook Advisors, recently took to Twitter to address the ongoing...
According to Wu Jiezhuang, a member of the e Hong Kong Legislative Council, developing the nation’s digital Hong Kong dollar into a stable currency could offer a slew of benefits...
Justin Sun, the founder of the Tron blockchain and the Houbi crypto exchange advisor, recently cashed out $198 million in crypto via a stablecoin issuer, Circle. Twitter crypto tracker, Lookonchain,...
Reportedly, the Financial Services Agency (FSA) of Japan announced that the ban on the domestic distribution of Stablecoins issued overseas would be effectively lifted in 2023. Significantly, Japan’s efforts in...
According to the data obtained from CoinMetrics, the leading crypto financial intelligence platform, stablecoins achieved a new record total settlement volume this year. Comparatively, the record volume is higher than...
The Tron network (TRX) is launching the equivalent of a central bank digital currency (CBDC) on the blockchain with the Chinese currency, TrueCNH (TCNH). Justin Sun, the Huobi Global crypto...
The on-chain analysis firm, Santiment, took to Twitter earlier this morning to share their mid-month report. One of the points highlighted in the report is the fact that Bitcoin (BTC),...