[Feb 11, 2023 1:30 PM] During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on…
[Feb 10, 2023 3:15 PM] The USDT issuer has made inroads into the traditional finance and accounting sectors as it attempts to increase transparency around its holdings.
[Feb 10, 2023 9:00 AM] 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…
[Feb 9, 2023 4:30 PM] Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open…
[Feb 9, 2023 8:14 AM] Altcoins in the crypto space have been seeing a lot of volatility lately as major cryptocurrencies Bitcoin and Ethereum face resistances which hindered their growth. Luna Classic, the revival attempt of the Terra Luna ecosystem, is one of those…
[Feb 9, 2023 5:49 AM] As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million.
[Feb 2, 2023 7:51 AM] Stablecoins may have suffered an identity crisis in 2022, but Tether CTO Paolo Ardoino is bullish about the utility the sector provides.
[Feb 1, 2023 5:07 AM] Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated.
[Jan 31, 2023 9:00 AM] Brits can now withdraw physical cash for GBPT, a one-for-one British pound stablecoin, as well as other cryptocurrencies at ATMs in the United Kingdom.
[Jan 31, 2023 6:53 AM] After its successful security audit, the algorithmic stablecoin, Djed, from DeFi service provider COTI, deployed on the Cardano mainnet.
[Jan 30, 2023 12:30 PM] Montenegro’s prime minister announced a central bank “digital currency or stablecoin” project with Ripple; the Balkan country currently uses the euro instead of a national currency.
[Jan 28, 2023 3:00 PM] The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd…
[Jan 27, 2023 3:40 PM] The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive.
[Jan 26, 2023 5:30 PM] Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest…
[Jan 26, 2023 2:18 PM] Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.
[Jan 25, 2023 1:00 PM] In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million of Circle’s USD Coin (USDC) in a Yearn Finance…
[Jan 24, 2023 7:00 AM] With their newly-announced stablecoin experiment doomed to fail, Russia and Iran will soon learn Bitcoin is the solution that they want.This is an opinion editorial by Q Ghaemi, a stocks and bitcoin analyst and author of the Qweekly Update…
[Jan 23, 2023 4:04 PM] Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”
[Jan 23, 2023 7:55 AM] There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said.
[Jan 23, 2023 1:00 AM] The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat…
[Jan 22, 2023 6:24 PM] BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the potential of a brief pause in the crypto market rally.
[Jan 21, 2023 12:30 PM] On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise…
[Jan 19, 2023 3:30 PM] The researchers compared the average cost of remittances according to World Bank data with estimated costs of trading USDC and EUROC stablecoins at Uniswap.
[Jan 19, 2023 12:00 PM] On-chain data shows the Binance USD (BUSD) exchange reserves have declined recently, a factor that may be behind Bitcoin’s slowdown. Binance USD (BUSD) Exchange Reserves Have Gone Down As pointed out by an analyst in a CryptoQuant post, there…
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