Stablecoin

In a recent interview with Bloomberg, Circle CEO Jeremy Allaire discussed the evolution of the cryptocurrency industry, the significance of institutional involvement, and the role of stablecoins within the market.  ...

Big banks’ influx into the stablecoin market could spell an end for stablecoin issuers. Stablecoin issuers like Tether rely on banks for custody of their funds and business. Arthur Hayes...

Gabor Gurbacs, an advisor to prominent stablecoin issuer Tether, has argued the potential of stablecoins to become a transformative force in the financial markets, comparing their future to the explosive...

The Hong Kong Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB) are collecting public comment on a proposed legal framework for regulating stablecoin issuers.  As stablecoins are...

Crypto platform Galaxy has reportedly entered a strategic partnership with asset management firm DWS and digital asset technology trading firm Flow Traders to form ‘AllUnity’. The partnership intends to introduce...

Martin Folb, a cryptocurrency influencer going by the alias MartyParty, believes a recently announced regulatory initiative by Tether would benefit the stablecoin ecosystem. According to Folb, the initiative will bring...

Ripple has achieved a significant milestone with the successful conclusion of the Palau Stablecoin (PSC) Pilot Project Phase 1. The completion was outlined in the “Ministry of Finance, Republic of...

Société Générale, France’s third-largest bank, is poised to launch its own stablecoin, EUR CoinVertible. The launch is set to happen on the Luxembourg-based cryptocurrency exchange Bitstamp, according to the latest...

Paolo Ardoino, the incoming chief executive officer of Tether Holdings, the issuer of $87 billion USDT stablecoin, has disclosed the company’s ambitious plan to establish itself as a significant player...

Singapore has awarded in-principle license approvals to stablecoin issuers Paxos Digital Singapore and StraitsX, intensifying the competition among Asian financial centers to capture a share of the $127 billion global...

According to Tom Wan, Research Analyst at 21.co, two significant stablecoin liquidity drops have occurred since Terra and FTX crashed. Wan used on-chain data to identify a corresponding behavior in...

Circle Internet Financial LTD., the parent company of the USDC stablecoin, is planning for an early 2024 public offering. Circle was valued at $9 billion when it tried to go...

In a recent report, regulators in Brazil have noted the rapid rise in USDT’s trading volume in the country. According to Brazil’s Federal Reserve, monthly surveys conducted since 2019 indicate...

Santiment revealed that the collective stablecoin market cap surged during the past week. According to the post, the stablecoin market cap recorded its 2nd largest 2-day rise since June this...

A series of stablecoin transactions linked to Ethereum Co-Founder Vitalik Buterin has sparked curiosity and speculation within the crypto community. According to on-chain analyst Lookonchain, Buterin received nearly 15 million...

The blockchain analytics platform ChainArgos has reported a claim by the Israeli National Bureau for Counter Terror Financing alleging that military groups and political parties including Hamas, ISIS, and Hezbollah,...

Tangible, an ecosystem for tokenized real-world assets, suffered from the crash of its stablecoin, Real USD (USDR). The stablecoin is a native yield stablecoin backed by real estate, but Tangible...

According to a local news outlet, Ming Pao, the Secretary for Financial Services and the Treasury in Hong Kong, Christopher Hui, has announced that retail trading of stablecoins will not...

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 users noticing. Sun swaps fake...

Circle, the issuer of the USDC stablecoin, has filed an amicus curiae or friend of the court brief in support of Binance in the ongoing case with the Securities and...

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. JustLend’s total value locked (TVL)...

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 worth $6.29 after its price...

Jeremy Allaire, the co-founder and CEO of USD issuer Circle, stated that he doesn’t think that the Congressional stablecoin bill that came out of the Financial Services Committee will be...

Binance’s BUSD (Binance USD) initially experienced substantial growth and strong support from the exchange during its inception. However, recent data indicates a different trend, with BUSD’s market capitalization declining by...

According to Co-Head of Venture Investments at Brevean Howard Digital Peter Johnson, stablecoins like Tether (USDT) and USD Coin (USDC) are evolving into the “killer app” of cryptocurrency. In a...