Stablecoin
Lawmaker Proposes Digital Hong Kong Dollar Be Issued as Stablecoin
Hong Kong regulator suggests issuing digital Hong Kong dollar stablecoin. The lawmaker believes this would bolster web3 development. Hong Kong has been actively looking to…
Justin Sun Cashes Out $198 Million Via Stablecoin Issuer Circle
Justin Sun transferred $198 million in crypto via USDC. The crypto community raised eyebrows about the huge withdrawal. Tron network is set to introduce a…
Japan’s New Bill: FSA To Lift Ban on Stablecoins in 2023
Japan’s Financial Services Agency announced that the agency would lift the ban on the domestic distribution of stablecoins in 2023. The new bill would be…
Stablecoin Settlements Reach $7 Trillion in 2022, Beat Credit Card Providers
The stablecoins attained a record total settlement volume by reaching over $7 trillion in 2022. The current volume record has beaten the volume of the…
Tron Network Launches Chinese Currency-pegged Stablecoin TCNH
Tron network is set to introduce a Chinese currency-pegged stablecoin TCNH. The issuer of TUSD stablecoin will also take charge of the TCNH. The TRX…
Santiment Releases Mid-Month December Report: First Half Disappoints
BTC and ETH traders saw a rather mundane month. ETH is down by just under 1% over the last month. ADA and CHZ saw 20+%…
Coinbase CEO Has a Clear Regulation Plan for the Crypto Industry
CEO Brian Armstrong laid out plans to regulate centralized actions while preserving decentralized innovation. The CEO recommended a modern-day Howey Test for the categorization of…
Crypto Addresses Depositing Stablecoins Soars to Record Levels
Stablecoin deposits reach All-Times-Highs despite CPI volatility. FED chairman Jerome Powell mentions another interest rate hike of 50 bps. LTH SOPR rose, allowing long-term BTC…
Whale Addresses Have Bought $726 Million in BTC in the Past 9 Days
The global crypto market cap has fallen 1.08% over the last 24 hours. Recent data from Santiment suggests that it is the perfect time to…
CoinGecko Lists the Top 5 Stablecoins by Market Capitalization
CoinGecko categorizes stablecoins according to their market capitalization. Tether (USDT) stands at the top in terms of market capitalization. Other stablecoins in the top five…
