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Stablecoin supply alone won't pump Bitcoin markets — Ki Young Ju
2.11.2024
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.
Stablecoin supply alone won’t pump Bitcoin markets — Ki Young Ju
2.11.2024
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.
Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?
2.11.2024
According to the latest data, the stablecoin economy now holds a value of $172.892 billion, with October adding $555 million to the fiat-pegged token market. Stablecoin Market Continues to Climb Last month saw stablecoins grow modestly, with the market inching up 0.32% from $172.337 billion...
Thailand Arrests Police Officers Accused of Staging Fake Interrogation to Extort 165,000 USDT
2.11.2024
Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one civilian after a Chinese-Vanuatu citizen filed...
Tether to launch dirham-pegged stablecoin on TON
1.11.2024
Tether’s senior strategic partnership manager, Alessandro Giori, said that TON is the fastest blockchain to reach 1 billion USDT since its launch
Paxos launches USD-backed USDG stablecoin with DBS Bank
1.11.2024
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework
Brazilian Central Bank Considers Taxing Stablecoin Remittances
31.10.2024
The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto exchanges that provide these services. Central Bank of Brazil Explores Tax on Stablecoin-Based...
Stablecoins boosting demand for US T-bills: Treasury Dept
30.10.2024
The United States Treasury Department is taking an interest in stablecoins and tokenization
Gemini – Crypto, Covered
30.10.2024
In the rapidly evolving world of cryptocurrency, security and reliability are paramount. Gemini, a leading cryptocurrency exchange, offers a secure way to buy, sell, store, and convert crypto. Millions of users trust Gemini to diversify their portfolios and navigate the complexities of the digital...
First Digital’s Stablecoin to Adopt Solana Blockchain
30.10.2024
First Digital Labs, a Honk Kong based company that specializes in digital asset innovation and research & development,…
Solayer, OpenEden launch Treasury-backed stablecoin on Solana
29.10.2024
Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.
Solayer, OpenEden launch Treasury-backed stablecoin on Solana
29.10.2024
Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.
Solana-Based RWA Platform AgriDex Taps Stripe's Bridge to Lower Cost for Agricultural Trade Settlements
29.10.2024
AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails
Stablecoins essential for US dollar’s future, says Paxos CEO
29.10.2024
In an open letter to Donald Trump and Kamala Harris, Charles Cascarilla highlighted the role of stablecoins in maintaining the US dollar’s global dominance and improving banking efficiency
Sequoia to make $100M windfall from Stripe’s Bridge acquisition: Report
29.10.2024
Sequoia Capital owns 16% of Bridge, which is set to be acquired by payments platform Stripe for $1.1 billion.
Donald Trump’s World Liberty Crypto Project Eyes Stablecoin Launch
28.10.2024
World Liberty Financial, a crypto project connected to former U.S. President Donald Trump, plans to introduce a stablecoin,…
Tether's Paolo Ardoino: 'If the U.S. Government Wanted to Kill Us, They Can Press a Button'
28.10.2024
The leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said in an interview
Shift4 leverages The Giving Block for global payment service rollout
28.10.2024
Payment processor Shift4 bought the crypto service for philanthropies in 2022 and applied its knowledge to other sectors.
Circle CEO Hypes Stablecoin Market Growth With Astounding Prediction
28.10.2024
Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with the recent expansion of stablecoins, it is still in the early stages of this crypto class. Circle CEO States Stablecoins Will...
RD InnoTech to Launch Hong Kong Stablecoin HKDR on Ethereum
28.10.2024
RD Innotech, a participant in the Hong Kong Monetary Authority’s Stablecoin Issuer Sandbox, is set to launch the…