Stablecoin

why-binance-and-banking-giant-mufg-want-to-issue-stablecoins-in-japan
Posted by | September 26, 2023
Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan

Binance’s Japan unit on Monday said it’s working with financial giant Mitsubishi UFJ Trust and Banking Corporation (MUTB) on developing stablecoins.MUTB and Binance Japan are running a joint study on...

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circle’s-euro-pegged-stablecoin-is-now-available-on-stellar-network
Posted by | September 26, 2023
Circle’s Euro-Pegged Stablecoin Is Now Available on Stellar Network

Stablecoin issuer Circle Internet Financial expanded its euro-pegged stablecoin EURC to the Stellar (XLM) blockchain, in addition to the Ethereum and Avalanche networks it was already on, the company announced...

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binance-and-japan’s-largest-financial-group-target-new-stablecoin-launch-in-asia
Posted by | September 25, 2023
Binance And Japan’s Largest Financial Group Target New Stablecoin Launch In Asia

According to a recent report by CoinPost, MUTB, a subsidiary of Mitsubishi UFJ Financial Group, one of Japan’s largest financial institutions, in partnership with Binance Japan and Progmat, has announced...

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stablecoin-exodus:-why-are-investors-fleeing-crypto’s-safe-haven?
Posted by | September 22, 2023
Stablecoin exodus: Why are investors fleeing crypto’s safe haven?

In a year filled with uncertainty in the cryptocurrency space, a new trend has been unraveling: a stablecoin exodus that has now lasted for 18 consecutive months and has seen...

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binance-plans-to-delist-stablecoins-in-europe-citing-mica-compliance
Posted by | September 21, 2023
Binance plans to delist stablecoins in Europe citing MiCA compliance

A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA. 702 Total...

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binance-plans-to-delist-stablecoins-in-europe,-citing-mica-compliance
Posted by | September 21, 2023
Binance plans to delist stablecoins in Europe, citing MiCA compliance

An executive at cryptocurrency exchange Binance said in a public hearing with the European Banking Authority (EBA) that it plans to delist stablecoins for the European market by June 2024. Marina...

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binance-warns-of-multiple-stablecoin-delistings-as-lawyers-puzzle-over-eu’s-mica
Posted by | September 21, 2023
Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU’s MiCA

The EU’s crypto law MiCA is set to take effect next year, setting a framework for stablecoins within the bloc.With remaining legal gray areas and no approvals yet, there could...

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tether-cto-explains-the-reason-a-massive-$1-billion-in-usdt-was-minted-at-treasury
Posted by | September 20, 2023
Tether CTO Explains The Reason A Massive $1 Billion In USDT Was Minted At Treasury

In a recent development, Tether’s Chief Technology Officer (CTO) Paolo Ardoino has clarified the recent transaction that occurred in Tether’s treasury. 1 Billion USDT Authorized Not Issued In a tweet...

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circle-launches-usdc-stablecoin-on-polkadot-asset-hub
Posted by | September 19, 2023
Circle launches USDC stablecoin on Polkadot Asset Hub

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned. 1059 Total views 15 Total shares USD Coin (USDC), the second-largest stablecoin by market...

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bye-bye-birdie:-binance-begins-process-of-axing-busd-stablecoin
Posted by | September 15, 2023
Bye Bye Birdie: Binance Begins Process Of Axing BUSD Stablecoin

Binance crypto exchange announced in late August that it is moving to end support for its beloved BUSD stablecoin. This move comes amid the stablecoin’s run-in with regulators, leading to...

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