1 / 32 Relevant items tagged with #stablecoin

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USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers 

[Jan 29 9:30 PM] Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT…

EU to Answer Trump’s Stablecoin Push With Digital Euro

[Jan 26 11:30 AM] The EU must approve a digital euro to counteract the White House’s push for stablecoins. ECB board member Piero Cipollone proposed to double down on this digital currency, as the union will need to contend with the promotion of U.S.-backed…

Avant Launches Defi-Native Stablecoin Pair on Avalanche

[Jan 24 9:30 PM] The tokens use sophisticated delta hedging market strategies to generate double-digit yields for investors. Yield-Focused Stablecoins Debut on Avalanche Defi platform Avant launched its yield-focused stablecoin pair AVUSD and SAVUSD on the…

Taiwan to Unveil Draft Bill Allowing Banks to Issue Stablecoins

[Jan 23 6:45 PM] The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins. Joint Management of Stablecoins The Taiwanese Financial Supervisory…

Stablecoin Market Cap Hits Historic High of $213 Billion

[Jan 22 5:30 PM] The growing popularity of stablecoins has seen the market cap hit a new high with USDT continuing to dominate the stablecoin market. New Market Cap High for Stablecoins The overall market capitalization of stablecoins across all networks hit…

Tether Introduces USDT0 to Enhance Blockchain Interoperability

[Jan 17 2:30 AM] Tether has unveiled USDT0, a refined iteration of its stablecoin, crafted to foster greater interoperability and enable effortless transactions across multiple blockchain ecosystems. USDT0 Aims to Streamline Transfers Across Blockchain Networks The…