4 / 23 Relevant items tagged with #Stablecoins

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Why Stablecoins Fail: Lessons From the Past

[Sep 29 4:30 AM] Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears. So, how…

Robinhood, Revolut eye entry into stablecoin market — Report

[Sep 26 8:44 PM] Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand.

Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL

[Sep 26 11:22 AM] Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.

Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares

[Sep 26 5:30 AM] Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed…

Assetera launches secondary tokenized RWA market on Polygon

[Sep 25 7:00 AM] Assetera will provide Europe's first regulated secondary tokenized real-world asset marketplace.

TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing

[Sep 24 7:16 PM] TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering…

Stablecoins and crypto are threatening fiat money dominance in Eastern Asia

[Sep 23 11:21 AM] Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins.

Tether (USDT) Surges With Massive Inflows, Closing In On Historic $120 Billion Market Cap Milestone

[Sep 22 12:00 PM] Tether (USDT), the world’s largest stablecoin and the third largest crypto in market cap, has asserted its dominance in the cryptocurrency market and is now close to achieving a significant milestone. Recent data shows a massive influx of…

Stablecoin Market Adds $1B in Six Days as Major Tokens Expand

[Sep 21 4:30 PM] In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days…

Tether’s transparency and business structure raises $118B FTX-like concerns

[Sep 20 7:30 AM] Tether’s market share has surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant’s influence over the crypto industry.

Harvard students launch 'New Bretton Woods Project' to fix debt crisis

[Sep 19 8:23 PM] According to veteran trader Peter Brandt, the United States dollar has lost over 90% of its value since the 1950s due to inflation.

Stablecoins Are Becoming Systemically Important, Bernstein Says

[Sep 19 7:46 AM] Stablecoin supply is back to all-time highs with $170 billion in circulation, the report said.

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

[Sep 19 3:30 AM] East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in…

Lawmaker Flags Concerns Over SEC’s Crypto Approach

[Sep 18 10:30 PM] Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized…

Chainlink’s Sergey Nazarov predicts asset tokenization will transform Web3

[Sep 18 8:30 PM] Trillions of dollars will flow into Web3 once the details of the Internet of Contracts are worked out.

Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX

[Sep 18 12:00 PM] TrueX says it caters to rising client demand for truly secure segregation between execution and custody.

Fintech Giant Revolut Said to Be Planning Stablecoin

[Sep 18 11:58 AM] Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.

BNB Chain introduces gasless stablecoin payments initiative

[Sep 18 10:00 AM] BNB Chain partners with major CEXs and wallets to introduce gasless stablecoin transfers, enhancing cross-chain liquidity.

MoneyGram and Stellar join CEX.io for global crypto cash conversions

[Sep 18 9:00 AM] CEX.io’s collaboration with MoneyGram and Stellar offers users expanded cash-in and cash-out options through USDC conversion.

Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B

[Sep 17 2:33 PM] The largest stablecoin's market cap has almost doubled, while key rivals declined and new entrants have yet to challenge its position.

Trump’s World Liberty Financial Crypto Venture Reveals WLFI Token Structure

[Sep 17 2:16 PM] Former U.S. President Donald Trump has led the launch of World Liberty Financial, a new cryptocurrency venture, raising concerns about potential conflicts of interest. The project, featuring the WLFI token, allocates 20% to the founding team…

Tether USDT’s market share rises 20%, reaching 75% in two years

[Sep 16 1:48 PM] The world's largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.

Circle partners with Sony’s blockchain lab on USDC expansion 

[Sep 16 4:51 AM] The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. 

In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance

[Sep 13 9:30 PM] As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa…

Trump to launch World Liberty Financial crypto platform on Sept. 16

[Sep 13 4:34 AM] In a video posted on X, Donald Trump announced that his World Liberty Financial crypto project would launch on Sept. 16.

USDC issuer Circle adds Arbitrum to Web3 platform

[Sep 12 8:03 PM] It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT.

As Bitcoin Supply Tightens, Could A Breakout Be On The Horizon?

[Sep 12 6:30 PM] Recent changes in the behavior of Bitcoin on the market suggest the coin could be preparing for its next significant bull run. One important consideration is the fall in Bitcoin reserves on exchanges. Less of Bitcoin is accessible for trading as…

U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank

[Sep 12 10:31 AM] Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.

Traders Move $4.7 Billion To Stablecoins Amid Crypto Market Uncertainty – Details

[Sep 8 12:00 PM] The crypto market is experiencing a notable shift in liquidity as investors acquire massive amounts of stablecoins due to market uncertainties in the last few months. CryptoQuant analyst with username Percival has provided more insights into this…

First Seizure of Stablecoins Recorded in Argentina as Authorities Disrupt Money Laundering Operation

[Sep 6 11:30 PM] In what local media are calling the first operation of its kind, the Argentine judicial system ordered the seizure of nearly $28,600 in stablecoins from a criminal organization that used cryptocurrency to launder millions of dollars. The criminals…