Stablecoin
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Private Digital Currencies Doomed to Fail, Says Singapore’s Central Bank MD
Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), has predicted that private digital currencies, including native digital…
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A Step-by-Step Guide to Buying PayPal Stablecoin (PYUSD)
PayPal rolled out its most-awaited stablecoin, PYUSD, in August 2023. It became the first leading FinTech firm to do so.…
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Circle and SBI Holdings Join Forces to Boost USDC and Web3 in Japan
Key Insights: Circle and SBI Holdings unite, revolutionizing Japan’s digital currency market by strategically adopting USDC stablecoin and Web3 technologies.…
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Ethereum Layer-2 Blast Defies Odds to Realize $560M Million in Value Locked
Blast entry into the crowded layer-2 networks’ space features wild growth as the project’s total value locked (TVL) surpasses $560…
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Switzerland’s City Lugano Integrates Polygon to Its Crypto Payment App
Decentralized protocol Polygon has been working with the Swiss city of Lugano since 2022. The blockchain network is offering a…
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Tether Freezes $225 Million in USDT Linked to Scammers
Tether authorities have frozen $225 million worth of USDT stablecoins linked with scammers. The firm took the action while working…
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No Stablecoin Fully Stable, Says New BIS Study
A recent report from the Bank for International Settlements (BIS) titled “Will the real stablecoin please stand up?” reveals that…
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Why Asset Manager BlackRock Considers USDT a Risk for Its Bitcoin Spot ETF
BlackRock Says USDT Poses Risk for the Bitcoin Market BlackRock’s Bitcoin spot ETF (Exchange-Traded Fund) filing has made headlines this…
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CFTC Still Powerless to Prevent FTX-like Collapses, Chairman Says
At the Financial Markets Quality Conference 2023 held at Georgetown University, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam warned…
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EU Regulator Unveils Liquidity Rules for Stablecoin Issuers
The European Banking Authority (EBA), the EU’s banking oversight body, has introduced fresh guidelines for stablecoin issuers, outlining minimum capital…
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USDC Backer Circle Sets Sights on 2024 for IPO Ambitions
Circle, the company behind the widely-used stablecoin USDC, is actively laying the groundwork for an initial public offering (IPO) in…
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Pantera Optimistic Stablecoins will Succeed Where Ethereum and Bitcoin Failed
A Pantera executive says that the stablecoin space will change as providers must provide money market yields to remain competitive.An…
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Cryptocurrency Dominance Intact in U.S. But Stablecoin Patterns Evolve
Despite facing stringent regulatory measures, North America continues to dominate the global cryptocurrency landscape. A recent Chainalysis report reveals that…
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USDT Leads the Pack in Brazil’s Crypto Trades
Brazil’s Tether (USDT) trading volume eclipsed the combined trading volume of all other cryptocurrencies in 2022, as disclosed by the…
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USDT, WBTC Trades End on Kraken for Canadians
In a climate of increased scrutiny over stablecoins, Kraken, a top Canadian cryptocurrency exchange, has announced its decision to discontinue…
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Magnificent Seven See a Loss of $280B in Stocks as Crypto Markets Rise
The biggest assets in the cryptocurrency market witnessed a huge spike however the stock giants Magnificent Seven have seen a…
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