4 / 30 Relevant items tagged with #Stablecoin

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Brazilian Crypto Giants Team up to Launch Real-Pegged Stablecoin

[Oct 9 5:30 AM] Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, with Cainvest providing liquidity for the BTC and ETH pairs listed…

Sky Reports Over 1 Billion USDS Minted Since August Rebrand

[Oct 5 6:50 PM] It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million…

Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams

[Sep 30 4:30 AM] Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions…

Tether Helps Dutch and US Authorities Seize $7.8M in Crypto

[Sep 27 1:30 PM] Tether, the world’s largest stablecoin issuer, reportedly played a crucial role in a joint operation led by Dutch and U.S. law enforcement agencies to dismantle two cryptocurrency exchanges suspected of money laundering. The operation resulted in…

Blackrock Joins Race to Issue New Stablecoin

[Sep 27 10:30 AM] Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investments in U.S. dollars…

Paypal Rolls Out Crypto Features for Business Accounts

[Sep 27 1:30 AM] Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped…

Bitgo to Launch USDS Stablecoin in January 2025

[Sep 18 4:12 PM] Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The…