Stablecoin
Circle Considers Launching its Stablecoin in Japan
Circle, a leading stablecoin issuer, is eyeing Japan as its next market for expansion. Circle shows interest in forming partnerships as Japan passes stablecoin regulation.…
Expert: Market Makers Behind Bitcoin Trading Volume Stability
Ki Young Ju says that crypto whales scooped up Bitcoin in the $16,000 to $24,000 range. Ju notes that market makers influenced the stability in…
TrueUSD’s Banking Partner Falls: Will It Impact TrueUSD’s Stablecoins?
Analyst Adam Cochran criticized TrueUSD for suspending minting and redeeming stablecoins. TrueUSD halted minting and redeeming stablecoins as a consequence of the suspension of operations…
Justin Sun Pledges 10K TUSD Toward On-chain Sleuth’s Legal Battle
Justin Sun, pledges 10,000 TUSD to an acclaimed on-chain sleuth on Twitter. Sun’s pledge is targeted at supporting Zach in a defamation lawsuit against him.…
Stablecoin Market Cap Has Steadily Been Decreasing: Report
Santiment recently tweeted the highlights of their latest Insights report. According to the post, the market cap of stablecoins has been declining for the past…
Japan’s Banks Prepare to Use MFG’s Progmat Coin to Issue Stablecoins
MFG declared that its stablecoin issuer Progmatic Coin would be soon used by Japanese banks. The banks would use the platform to issue stablecoins on…
FDUSD Stablecoin Launches in Hong Kong Amid New Asset Trading Guidelines
Hong Kong-based First Digital unveils new stablecoin, First Digital USD (FDUSD). FDUSD is pegged to the U.S. dollar and regulated in Asia. The launch coincides…
USDT Cap Hits New ATH, Dominating Stablecoin Market with 64.34%
Tether (USDT) surpasses its previous all-time high market cap. The stablecoin USDT now has a market share of over $83.2 billion. USDT's dominance hits 64.34%,…
NY Authorizes Stablecoins as a Form of Bail: Assembly Bill 7024
The New York State Legislature introduced Assembly Bill 7024 authorizing stablecoins as a valid form of bail. The bill followed General Attorney Letitia James’ proposal…
NY Fed Adds New Policy Blocking Stablecoin Issuer Circle To Fed Program
The NY Fed updated its counterparty criteria for the RRP, preventing Circle from accessing the program. The NY Fed's new rules make single-owner funds ineligible…
