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Exchange Bitay expands into UAE’s flourishing crypto market
Cryptocurrency exchange Bitay revealed plans to join the flourishing United Arab Emirates market. The Turkish-based trading platform continues to solidify its presence in the global marketplace. дальше »
2023-9-1 16:00
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Optimism brings native USDC to OP Mainnet
Optimism and USDC issuer Circle have announced native support for USDC on OP Mainnet. The partnership is expected to spur institutional on and off-ramps for Optimism. Optimism will soon have native support for USDC, the stablecoin issued by Circle. дальше »
2023-8-31 15:46
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Binance to halt BUSD support due to legal issues
On Aug. 30, Binance informed users via its in-app notification about its intended discontinuation of the BUSD stablecoin support in early 2024. Binance intends to cease support for the BUSD stablecoin. дальше »
2023-8-31 13:50
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Ethereum will dominate stablecoin wars, expert says
Bloomberg analyst predicts Ethereum's triumph in stablecoin wars due to network adoption indicators and upcoming scaling advancements. дальше »
2023-8-30 16:45
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Colombian peso-backed stablecoin debuts on Polygon with yield benefits
Num Finance launches nCOP, a Colombian Peso-pegged stablecoin on Polygon, offering users an 8% yield and promising a fresh take on remittances in Latin America. Num Finance, a Latin America-based stablecoins issuer, has introduced its latest stablecoin, nCOP. This new… дальше »
2023-8-26 00:36
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Coinbase And PayPal Collaborate: PYUSD Stablecoin Set For Listing
In a groundbreaking move that signals a convergence of traditional finance and the burgeoning crypto economy, Coinbase announced its intention to list PayPal’s stablecoin, PYUSD. This comes on the heels of Kraken’s recent addition of PYUSD trading options, marking a significant stride in the stablecoin’s mainstream adoption. дальше »
2023-8-26 18:00
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Num Finance launches stablecoin pegged to Colombian Peso on Polygon
Num Finance’s new stablecoin nCOP adds to the nARS and nPEN pegged on Argentina Peso and Peruvian Sol. Colombia is one of Latin America’s top remittances markets with nearly $6. 5 billion of inflows. дальше »
2023-8-26 16:46
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Paxos Report: Is Blockchain The Next Step For Global Remittances?
The age of digital currencies and blockchain technology is upon us, with an increasing number of institutions advocating for their widespread adoption. At the forefront of this conversation is Paxos Trust Company, the New York-based stablecoin titan. дальше »
2023-8-24 12:30
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Coinbase buys a stake in USDC stablecoin issuer Circle
Previously, Coinbase only assumed a minority role as a distributor and promoter of the Circles USDC project. Buying a stake in Circle means Coinbase is taking a more hands-on approach to the project. дальше »
2023-8-22 11:08
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Coinbase invests in stablecoin operator Circle
Coinbase (COIN), a US-based cryptocurrency exchange, has secured a minority stake in a payment company Circle. This collaboration comes as both entities take the significant step of dissolving their Centre Consortium partnership, which had been instrumental in the issuance of… дальше »
2023-8-22 23:48
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Harbor protocol falls victim to attack, funds go missing
Cosmos network stablecoin project Harbor confirmed Saturday, Aug. 19, that its security has been breached, resulting in exploitation. The interchain stablecoin protocol announced on social media platform X that it fell victim to a protocol attack. Some pools, including Luna,… дальше »
2023-8-20 20:00
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Curve Finance to reimburse users, another DeFi hack, and ConsenSys launches L2: Finance Redefined
The DeFi ecosystem had another exploit of over $2 million on a stablecoin liquidity pool this past week, just weeks after the Curve Finance exploit. дальше »
2023-8-19 10:25
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Tether discontinues Bitcoin stablecoin, citing lack of usage
The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year. дальше »
2023-8-18 23:43
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Coinbase to suspend trading for USDT, DAI, and RAI for Canadian customers
Coinbase is discontinuing its support for Tether (USDT), DAI, and RAI for its Canadian users, effective August 31. The news was first reported by Cointelegraph, citing a customer email it had reviewed dated Aug. дальше »
2023-8-17 21:10
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Singapore introduces regulations for single-currency stablecoins
Singapore’s Monetary Authority (MAS) has rolled out a regulatory framework for single-currency stablecoins linked to the Singapore Dollar or other G10 fiat currencies. With this new setup, any token with a circulation value over S$5 million will earn the MAS-regulated… дальше »
2023-8-15 17:46
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PayPal discreetly launches crypto hub for selected users
PayPal’s introduction of a Crypto Hub and the launch of its stablecoin, PYUSD, mark a significant step in the cryptocurrency space. PayPal, a California-based fintech company, unveiled its new crypto hub on Aug. 7. It allows users to engage in… дальше »
2023-8-14 15:11
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Is The Digital Euro Doomed To Fail? Here’s What The Experts Say
The impending launch of a digital version of the euro has been a topic of much discussion in recent years. Seen as a European answer to the rise of digital currencies and an attempt to modernize its monetary system, the European Union’s commitment towards a digital euro has garnered both anticipation and skepticism. With the […] дальше »
2023-8-12 20:00
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Bank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued
Coinspeaker Bank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued The introduction of PayPal stablecoin (PYUSD) represents a groundbreaking development in the realm of stablecoins and digital currencies. дальше »
2023-8-14 17:32
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PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said. дальше »
2023-8-12 14:02
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Japanese fintech to launch cross-border CBDC in Asia
Japanese fintech firm, Soramitsu, is developing a cross-border payment system in Asia, utilizing CBDCs and blockchain. Soramitsu, a Japanese fintech firm, is working on developing a cross-border payment framework for Asian countries, incorporating the central bank digital currency (CBDC) of… дальше »
2023-8-9 11:46
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Ripple’s CTO Weighs In: Is PayPal’s New Stablecoin Safe Or A Centralization Nightmare?
In the fast-paced domain of cryptocurrencies, industry giants are constantly seeking ways to advance and adapt. San Jose-based payment platform, PayPal, has been no exception to this trend. The company’s recent introduction of its own stablecoin, PayPal USD (PYUSD), signals a landmark move in its journey within the cryptocurrency sector. The launch, however, was quickly […] дальше »
2023-8-8 21:00
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Huobi to launch PayPal’s stablecoin trading
Huobi will launch a trading pair with PayPal’s stablecoin PYUSD, backed by the US dollar, with a perpetual zero trading fee. Huobi users will be able to trade PYUSD/USDT. The announcement highlights that the exact date of pair launch will depend… дальше »
2023-8-9 19:34
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PayPal ventures into stablecoins with launch of PYUSD
PayPal has introduced its stablecoin, PayPal USD (PYUSD), marking its latest foray into digital currency. A global payment platform PayPal launched its own stablecoin on August 7, PayPal USD (PYUSD), making it the first large financial company to do so.… дальше »
2023-8-7 18:48
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PayPal launches a US Dollar stablecoin on the Ethereum blockchain
Key takeaways Fintech firm PayPal has launched a stablecoin on the Ethereum blockchain. The stablecoin is backed by the US Dollar and was launched in partnership with Paxos. PayPal joins the stablecoin train Silicon Valley-based payments firm PayPal announced on Monday, August 7th, that it had launched a US Dollar stablecoin. дальше »
2023-8-8 17:22
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Binance’s Cryptic Algo Stablecoin Plan: Business Analyst Deciphers The Move
Binance CEO Changpeng Zhao’s recent comment about his intention to introduce an algorithmic stablecoin into the crypto market has sparked significant discourse. A key contribution to this ongoing conversation comes from Adam Cochran, an esteemed fintech executive and business analyst. дальше »
2023-8-4 17:00
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Binance CEO CZ unveils plans for algorithmic stablecoin development
In the latest Ask-Me-Anything (AMA) session, Binance CEO Changpeng Zhao (CZ) disclosed the upcoming announcement of a new partner for an additional USD stablecoin alongside FDUSD. He also shared insights about a small team working on algorithmic stablecoins, expressed concerns… дальше »
2023-8-1 23:08
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Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter
The company said its operational profits exceeded $1 billion in Q2 this year. дальше »
2023-8-1 19:07
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Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023
A “major leading indicator” for Bitcoin is pointing the way toward a classic repeat of bullish BTC price phases, analysis says.
дальше »2023-7-27 11:24
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Palau to pilot USD-backed stablecoin PSC on XRP Ledger
The government of Palau has teamed up with Ripple Labs to launch a USD-backed stablecoin named Palau Stablecoin (PSC) on the XRP Ledger. дальше »
2023-7-26 14:47
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Shinhan Bank, SCB TechX pilot cross-border stablecoin payments on the Hedera
Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances. The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the Thai Baht (THB), and the New Taiwan dollar (NTD). дальше »
2023-7-19 23:45
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FSB publishes recommendations for global crypto framework
The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers. Segregation of funds to protect clients and measures to ensure no conflict of interest are also highlighted. дальше »
2023-7-17 18:46
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FSB finalizes its recommendations for a global crypto framework
The Financial Stability Board states that crypto platforms must segregate clients’ digital assets from their own funds and clearly separate functions to avoid conflict of interest. дальше »
2023-7-18 12:37
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Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation
Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13. дальше »
2023-7-14 14:35
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AAVE is up 56% from June lows, DAO expects more revenue in H2 2023
AAVE prices are firm, adding 56% from June 2023 lows. Voting is in progress to deploy GHO on mainnet дальше »
2023-7-12 18:38
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San Francisco’s superior court takes over Fei Protocol’s Discord server
The San Francisco Superior Court has reportedly taken control of Fei Protocol's Discord server in a class action settlement дальше »
2023-7-9 12:30
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Circle eyes stablecoin launch in Japan as new policies take effect
Circle, the issuer of the USDC stablecoin, is reportedly exploring the possibility of launching a stablecoin in Japan following the implementation of new regulations governing stablecoins in the Asian nation. дальше »
2023-7-6 13:57
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Hong Kong Scholars Propose HKD Stablecoin Backed by Government Reserves
In a bid to assert dominance in the blockchain sector and drive the development of a digital Hong Kong dollar, a group of scholars led by Cai Wensheng, Vice President of the Hong Kong University of Science and Technology, has proposed the creation of an HKD stablecoin. дальше »
2023-7-6 21:00
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Cardano’s DJED stablecoin faces unminting and depegging challenges amid reserve ratio decline
Cardano's stablecoin DJED is facing significant challenges as issues with unminting and depegging emerge due to a decline in its reserve ratio. DJED. дальше »
2023-7-5 18:37
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Policy proposal for Hong Kong government-issued stablecoin emerges
A policy paper has recently proposed the creation of a government-backed stablecoin, the HKDG, in Hong Kong to potentially compete with well-established digital counterparts, such as USDT and USDC. дальше »
2023-7-5 19:05
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Bank of Italy advocates new regulations following crypto winter fallout
Italy's leading banking authority has emphasized the need for a strong and risk-based regulatory framework surrounding stablecoins. дальше »
2023-6-30 19:37
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UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity. дальше »
2023-6-30 17:13
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Bitcoin salary: Employees choose crypto paychecks amid economic instability
Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives. дальше »
2023-6-30 15:39
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Nevada’s FID places embattled crypto company Prime Trust in receivership
Nevada’s Financial Institutions Division took over the troubled cryptocurrency company Prime Trust. That came as the latter stared at a substantial deficit, alleging that it lost access to various cryptocurrency wallets in 2021. дальше »
2023-6-29 13:17
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Huobi Global to delist ten trading pairs, including several linked to USDD stablecoin
Huobi Global Ltd. has announced plans to discontinue ten trading pairs, predominantly those associated with the USDD stablecoin, as part of their ongoing efforts to optimize user trading experiences. дальше »
2023-6-27 21:36
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BUSD Market Cap Plunge Of 80% Raises Concerns Of Impending Collapse
The fate of Binance USD (BUSD), the stablecoin introduced by Binance, hangs in the balance as its market capitalization has experienced a significant decline of over 80% in 2023. From November 2022 to June of the current year, BUSD’s market capitalization has plummeted from USD23 billion to USD4 billion. дальше »
2023-6-25 16:26
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MUFG may issue stablecoin via Progmat blockchain platform
Mitsubishi UFJ Financial Group Inc. is currently in negotiations with several businesses about issuing stablecoins, a form of digital asset, through its blockchain platform Progmat. дальше »
2023-6-23 19:13
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Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein
About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said. дальше »
2023-6-20 09:46
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Binance announces support for USDC deposit and withdrawal via Arbitrum
Binance crypto exchange has announced support for direct deposit and withdrawal of the USDC stablecoin via the Arbitrum network. дальше »
2023-6-20 22:36
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Coinbase raises USDC rewards to 4% amid SEC regulatory scrutiny
San Francisco-based crypto exchange Coinbase has raised its reward rates for USD Coin (USDC), a stablecoin tied to the US dollar. Users can now earn a 4% annual percentage yield (APY) on their USDC holdings. дальше »
2023-6-16 12:24
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Circle Rolls Out Support for USDC Stablecoin on Arbitrum
Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap. дальше »
2023-6-9 18:34
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