Stablecoin

eu-banking-watchdog-proposes-liquidity-rules-for-stablecoin-issuers
Posted by | November 8, 2023
EU banking watchdog proposes liquidity rules for stablecoin issuers

The proposed guidelines are currently in the public consultation phase for the next three months and, if approved, will come into effect starting in June 2024. 1870 Total views 9...

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ripple-ipo-rumors-persist-as-another-crypto-giant-plans-to-go-public
Posted by | November 8, 2023
Ripple IPO Rumors Persist As Another Crypto Giant Plans To Go Public

Rumors suggesting that Ripple may be considering an initial public offering (IPO) have recently caught the interest of the crypto community. However, it appears that another crypto giant may have...

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tether’s-usdt-breaks-$85,000,000,000-market-cap-as-fed-vice-chair-calls-for-federal-stablecoin-regulation:-report
Posted by | November 7, 2023
Tether’s USDT Breaks $85,000,000,000 Market Cap As Fed Vice Chair Calls for Federal Stablecoin Regulation: Report

The largest US dollar-pegged stablecoin by market cap is surging to new heights as talk of crypto regulation in the US ramps up. Earlier today, Tether (USDT) reached an all-time...

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uk-stablecoin-regulation-begins-to-take-shape-in-multiple-fca,-boe-documents
Posted by | November 6, 2023
UK stablecoin regulation begins to take shape in multiple FCA, BOE documents

It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking. 630 Total views 38 Total shares A suite...

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paypal-says-it-has-received-a-subpoena-from-the-sec-over-the-pyusd-stablecoin
Posted by | November 2, 2023
PayPal Says It Has Received a Subpoena From the SEC Over the PYUSD Stablecoin

Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its new stablecoin. In a new document, PayPal says that the...

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tether-issues-$610m-debt-financing-to-bitcoin-miner-northern-data
Posted by | November 2, 2023
Tether issues $610M debt financing to Bitcoin miner Northern Data

In September 2023, Tether also invested an undisclosed amount in Northern Data, backing AI initiatives. 2604 Total views 18 Total shares The Tether (USDT) stablecoin issuer is raising the bet...

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circle-to-phase-out-consumer-accounts,-but-business-and-mint-will-remain
Posted by | October 31, 2023
Circle to phase out consumer accounts, but business and Mint will remain

Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out. Stablecoin issuer Circle will close out consumer or individual accounts on November 30, according...

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from-payments-to-defi:-a-closer-look-at-the-evolving-stablecoin-ecosystem
Posted by | October 31, 2023
From payments to DeFi: A closer look at the evolving stablecoin ecosystem

The rise of digital currencies, exemplified by Bitcoin (BTC), brought a groundbreaking shift in the financial landscape.  However, it also brought to light a critical challenge: price volatility. Bitcoin and...

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uk-publishes-plans-for-stablecoins-regulation
Posted by | October 30, 2023
UK publishes plans for stablecoins regulation

Non-fiat-backed stablecoins will not be allowed into regulated payment chains. 1103 Total views 3 Total shares The United Kingdom government has published an update to its plans to regulate fiat-backed...

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brazil’s-usdt-adoption-soars-in-2023,-makes-up-80%-of-all-crypto-transactions
Posted by | October 29, 2023
Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions

USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023. 5646 Total views 24 Total shares...

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