Stablecoin

The stablecoin market has seen a $4.21 inflow within the last ten days. Tether USDT accounted for a $2.4 billion inflow, mainly via the Tron blockchain. Ethena Labs’ USDe climbed...

David Han, a research analyst at Coinbase, has highlighted Ethena’s newly launched USDe stablecoin as a formidable rival to MakerDAO’s DAI stablecoin. In Coinbase’s latest market trends report, research analyst...

Ki Young Ju, the CEO of data analytics platform CryptoQuant, raised concern about Ethena Labs’ decision to back its recently launched USDe stablecoin with Bitcoin.  In an announcement on Thursday,...

ZA Bank in Hong Kong is currently in discussions with potential stablecoin issuers regarding establishing accounts for the cash reserves supporting these tokens. Details of this development were captured by...

Fantom is set to roll out its new stablecoin, USDC.e, in collaboration with Circle and Wormhole. Billed to debut on April 5, this move marks a positive for the Fantom...

Famous Attorney and key figure in the digital asset world, Bill Morgan, has publicly questioned Ripple CEO Brad  Garlinghouse’s announcement regarding the company’s forthcoming stablecoin launch. Yesterday, Ripple had announced...

Crypto analysis platform Santiment revealed a surge in stablecoin holdings by large investors. Their data shows that wallets containing at least $5 million in cryptocurrency have collectively added 5.09% of...

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...