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Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months
6.3.2023
USDT’s market share among stablecoins surpassed 54% on Monday, the highest level since November 2021
Binance 'not planning any layoffs,’ 500 roles to be filled in H1
3.3.2023
A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs
Crypto Wallet Giddy Lets Polygon Users Pay Gas Fees in USDC
2.3.2023
Wallet startup Giddy has a new "autogas" feature for easy onboarding into Polygon
Australia’s Central Bank Taps Mastercard and Others to Test CBDC Use Cases
1.3.2023
The Reserve Bank of Australia has revealed a set of projects that will develop use cases for a digital dollar, the eAUD, during its testing phase, currently underway
Binance Can’t Keep Its Story Straight on Misplaced $1.8B USDC
1.3.2023
The FUD is coming from inside the building
Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships
25.2.2023
On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves...
FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves
24.2.2023
The Atlanta, Georgia-based bank joined the Federal Reserve System in 1947 and is classified as a Minority-owned Depository Institution
SEC is not the appropriate regulator for stablecoins: Circle CEO
24.2.2023
Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities
USDC issuer Circle to increase staff by up to 25% amid layoff season
23.2.2023
The plan to expand its workforce comes just months after it mutually called off its plans to go public via a SPAC merger
Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower
21.2.2023
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest...
Mastercard to allow crypto payments in Web3 via USDC settlements
21.2.2023
The Mastercard-Immersve partnership uses decentralized protocols to settle real-time cryptocurrency transactions on outlets accepting Mastercard payments online
Today in Crypto: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service, Stellar & USDC Added to Wirex Wallet
20.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service...
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
17.2.2023
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”
Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered
16.2.2023
Bullish BTC traders are using excessive leverage, but bears’ reluctance to fight back could extend the current Bitcoin price rally
BUSD Drama Sets Stage for Stablecoin Market Reshuffle
16.2.2023
Binance’s bet on its BUSD stablecoin could backfire into a revamping of who’s winning in crypto’s dollar-pegged token markets
Bitcoin single-day price surge linked to billions in USDC inflow
16.2.2023
Bitcoin proponents called it the start of another bull run, while a few other analysts believe it's a bear trap
Circle squashes rumors of planned SEC enforcement action
14.2.2023
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle executive rebuffed the claim
Binance's Stablecoin Under Fire: Rival Circle Sounds the Alarm to NY Regulators
14.2.2023
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), alleged that major crypto exchange Binance did not fully back some of its own stablecoin proxies - and on Monday, blockchain infrastructure platform Paxos was ordered to cut its connection with Binance in regard...
Binance USD's $16B Market Cap Up for Grabs as SEC-Paxos Suit Stirs Up Stablecoin Rivalry
13.2.2023
Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog
Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days
10.2.2023
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease...