Stablecoin

The USD-pegged stablecoin issuer Circle has recently announced the discontinuation of support for its USDC token on the Tron blockchain as part of a risk management program. According to Circle’s...

While the recovery process in the Bitcoin market continues, a post shared by former NFL player Russell Okung sparked debates in the cryptocurrency market. Speaking about allegations related to Tether,...

In a recent research report, American financial giant JPMorgan warned about Tether (USDT), the leading stablecoin in the crypto market. The report highlighted vulnerabilities stemming from Tether’s reliance on the...

New Zealand Central Bank Governor Andrian Orr has joined the leading crypto critics like US Senate Elizabeth Warren, disregarding digital currencies, especially stablecoins, as a fiat equivalent. According to a...

Hong Kong’s push to establish regulations for stablecoins has garnered attention from prominent financial entities, including the international division of China’s Harvest Fund Management. This development was captured in a...

Crypto enthusiasts have been drawn to the allure of 20% stablecoin yields, a tempting proposition even after the crypto market’s tumultuous 2022 experience. This renewed interest revolves around a seemingly...

According to Kaiko Research, a leading crypto market data and analytics platform, a recent decision by Binance is significantly impacting the value of TrueUSD (TUSD). Kaiko noted that the TUSD...

The crypto market has been in a continuous bearish trend since the emergence of crypto ETFs, with market participants searching for reasons to remain optimistic amid the prevailing red candles. ...

TrueUSD (TUSD) depegged from the US dollar this week, marking its second depeg from $1 in the last two months. Losing parity with the US dollar and falling to $0.9685...

Amid the dull state of the crypto market, with most coins largely falling in the red zones, the popular YouTube channel “Crypto Banter” has argued, based on a crucial indicator,...

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...