2023-10-20 13:57 |
Stablecoin issuer Tether will publish real time data on the reserves backing USDT, the industry's largest dollar-pegged stablecoin, according to a Bloomberg report. origin »
Bitcoin price in Telegram @btc_price_every_hour
|
Singapore Gulf Bank is aiming to raise at least $50 million to acquire a stablecoin payments firm by early 2025, inside sources say. According to a Bloomberg report on Nov. 25, inside sources that do not wish to be identified…
2024-11-26 12:35 | |
|
|
The funding comes as the dollar-pegged stablecoin dropped as low as $0.60 yesterday amid broader market turmoil.
2022-5-11 23:41 | |
|
|
The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC.
2022-5-11 21:30 | |
|
|
The U.S. government again named stablecoins as a potential threat to the stability of the financial system, with both the Federal Reserve and a senior Treasury official saying Monday that the tokens are vulnerable to runs.
2022-5-10 00:51 | |
|
|
As the crypto market continues to report increased volatility, stablecoins could provide a good… The post Stablecoin shopping: 3 coins to consider for long-term holding appeared first on Coin Journal.
2022-2-27 21:54 | |
|
|
Stablecoins have reached an all-time high in their valuation as the rest of the markets struggled.
2022-2-27 20:07 | |
|
|
Another one bites the dust. The Diem project is dead, according to Bloomberg. The report comes from anonymous sources and does its best not to assure anything. However, considering the project’s head David Marcus left the company two months ago and Diem’s convoluted history, it’s not hard to believe.
2022-1-27 22:35 | |
|
|
The stablecoin market has undergone a shakeup as USD Coin (USDC) has overtaken USD Tether (USDT) on the Ethereum blockchain. USD Coin Supply On Ethereum Is Now More Than Tether As per the latest weekly report from Arcane Research, USDC has now become the largest stablecoin on the ETH chain, surpassing USDT.
2022-1-21 22:00 | |
|
|
USDC supply on the Ethereum blockchain has eclipsed that of the leading USD-pegged stablecoin USDT. USDC Continues to Gain Traction According to a recent report by The Block, the total supply of the USDC stablecoin on the Ethereum network has overtaken that of USDT for the first time.
2022-1-16 17:00 | |
|
|
The second thing most people do after entering the world of blockchain, after buying BTC or ETH, is getting some Tether or USDC. The post Footprint Analytics: Rapid Expansion of the Stablecoin Market | Annual Report 2021 appeared first on CryptoSlate.
2022-1-12 18:00 | |
|
|
One of the biggest growth areas in the crypto-space this year is undoubtedly the stablecoin market. In fact, as per a report, the largest stablecoin issuers have increased 500% over the past 12 monthsThe post Terra's UST becomes first decentralized stablecoin to hit $10B market cap appeared first on AMBCrypto.
2021-12-27 14:30 | |
|
|
After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide.
2021-12-7 18:56 | |
|
|
Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary.
2021-12-2 22:15 | |
|
|
Nigeria’s central bank digital currency project, eNaira, is drawing attention and interest of leading financial institutions and it also gaining traction amongst other country’s central banks looking to initiate a similar project according to a report released by the International Monetary Fund (IMF) eNaira to boost remittance The report, authored by economist Jack Ree, explained […] The post Nigeria’s eNaira stablecoin becomes focus of new IMF report appeared first on CryptoSlate.
2021-11-22 11:00 | |
|
|
What is a humanitarian stablecoin? Well, definitions vary but it broadly refers to donations and aid made possible by fintech platforms and fiat pegged crypto. A humanitarian stablecoin could mean insThe post WEF report shows how blockchains are changing humanitarian aid appeared first on AMBCrypto.
2021-11-21 15:30 | |
|
|
Top stablecoin Tether has emerged to become the cryptocurrency industry's primary crutch over the past seven years, according to a new report. The report noted that Tether acts as a tool for "oiling cThe post Report on Tether identifies over 70% of 'all funds ever issued' appeared first on AMBCrypto.
2021-11-12 21:00 | |
|
|
The SEC was denied a monopoly over the stablecoin sector, yet the risk of being designated “systemically important” persists.
2021-11-4 18:32 | |
|
|
The report is also expected to clarify the regulatory jurisdiction of the Treasury Department CFTC with regards to stable tokens.
2021-10-26 06:06 | |
|
|
Stablecoins are digital currencies pegged to a sovereign currency such as the U.S. dollar. Tether is the largest among them with a market cap of $68B, at the time of writing. In fact, USDT has grown eThe post Tether fires back after 'false, misinformed' report questions stablecoin's reserves appeared first on AMBCrypto.
2021-10-7 18:30 | |
|
|
MoneyGram, a legacy cross-border peer-to-peer (P2P) payments and money transfer company, is looking to launch blockchain-powered payments. A report unveiled this news on October 6, noting that the firm has joined hands with Stellar and Circle to provide instant money transfers through Circle’s stablecoin, USD Coin (USDC).
2021-10-8 13:49 | |
|
|
Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide.
2021-10-1 18:12 | |
|
|
CLPX, a Chile-based company, has launched the first Chilean Peso-pegged stablecoin on the Stellar payments network. A report unveiled this news earlier today, noting that the coin is dubbed CLPX, and is the first-ever stablecoin pegged to the value of the Chilean Peso.
2021-8-13 18:00 | |
|
|
Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report (CRR) is accurate.
2021-8-11 15:33 | |
|
|
Tether Holdings Limited has released an assurance report by Moore Cayman on Monday for the period ending June 30, as per its continued commitment to transparency. As of writing, with a market cap of almost $63 billion, USDT accounts for 57% of the stablecoin market share.
2021-8-10 16:36 | |
|
|
“Stablecoin experimentation is happening in real-time with billions of dollars at stake in this vast permissionless lab we call DeFi,” reads a new research report from ShapeShift.
2021-7-30 20:00 | |
|
|
Tether (USDT) FUD surrounding the stablecoin’s issuance could have a new chapter in the form of criminal charges, which would mark a major development in the US government’s crackdown on crypto. The post Tether (USDT) faces criminal probe in the US, report says appeared first on CryptoSlate.
2021-7-27 02:01 | |
|
|
Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin.
2021-8-1 21:15 | |
|
|
The dominant stablecoin with 62. 15 billion circulating supply also blasted Bloomberg’s report as “repackaging stale claims” from years ago to “generate clicks,” adding that it is business as usual for the company.
2021-7-26 19:55 | |
|
|
Per a Bloomberg report, executives from Tether Limited, the company behind stablecoin USDT, could face a criminal probe for alleged bank fraud. The investigation is currently ongoing with the U. S.
2021-7-26 18:29 | |
|
|
El Salvador recently became the first country to adopt Bitcoin as a legal tender in financial transactions, and now it plans to issue a stablecoin. The President, who calls himself “the coolest president in the world,” took the first step to equip his citizens with a digital means of paying for goods & services.
2021-7-24 21:24 | |
|
|
Payments fintech company Circle revealed a breakdown of the assets backing the dollar-pegged stablecoin USDC, as part of efforts to ensure transparency and accountability. Assets Backing USDC Stablecoin In an attestation report by major accounting firm Grant Thornton, the company revealed the reserves backing USDC.
2021-7-22 15:00 | |
|
|
On July 20, the CEO of Circle Internet Financial LLC. , Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.
2021-7-21 00:30 | |
|
|
With a market cap of nearly $26. 9 billion, USDC is the second-largest stablecoin capturing 23. 57% of the stablecoin market share, up from 9. 15% a year back. This year alone, USDC in circulation has grown by over 2,600%.
2021-7-21 20:55 | |
|
|
According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U. S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin.
2021-7-18 14:00 | |
|
|
The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it is very likely USDT’s share of the stablecoin supply on Ethereum will fall below 50% for the first time. USDC […]
2021-7-2 01:29 | |
|
|
Leading USD-pegged stablecoin USDC is now functional on the Tron (TRX) blockchain. USDC Now Live on Tron USDC, a digital currency tied to the price of the U. S. dollar is now available on the Tron network, a report by Coindesk confirms.
2021-7-1 17:00 | |
|
|
Dominant stablecoin USDT issuer Tether Holdings Limited has released its quarterly report providing the breakdown of its reserves backing the issued Tether tokens. As part of the settlement deal with NYAG, Tether will be releasing these breakdowns on a quarterly basis for the next two years.
2021-5-13 18:05 | |
|
|
According to a report, this pilot by Facebook will be small in scale. It will primarily focus on transactions between individual customers. There could also be an additional option for users to purchase goods and services.
2021-4-20 16:19 | |
|
|
The hype at the moment may be centered around non-fungible tokens (NFT), but DeFi has been quietly building and growing in the first three months of 2021. An April 1 report by The Defiant has analyzed some of the metrics for the industry including total value locked, decentralized exchange volumes, and stablecoin minting.
2021-4-2 08:04 | |
|
|
The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands.
2021-4-1 15:30 | |
|
|
Tether Holdings Limited has reiterated its desire to prove its Tether (USDT) stablecoin is fully backed by its reserves by releasing an assurance opinion. The company provided the stablecoin’s Consolidated Reserves Report (CRR) along with an assurance report from accounting firm Moore Cayman.
2021-3-31 15:21 | |
|
|
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman.
2021-3-31 16:54 | |
|
|
The stablecoin is built on Ethereum leveraging Circle, Coinbase, and Blockchain Labs frameworks. Audit reports on the reserves will be released quarterly, the report states. The post New Zealand Digital Asset Firm Launches Country’s First Compliant Stablecoin, $NZD first appeared on BitcoinExchangeGuide.
2021-3-12 21:42 | |
|
|
While the wider cryptocurrency market continues to correct, the total on-chain stablecoin volume reached a new high in February. Stablecoin Use Continues to Surge According to a report by The Block, the adjusted monthly on-chain stablecoin volume hit a new high of over $360 billion in February.
2021-3-1 15:00 | |
|
|
Despite a tumultuous 2020, stablecoins not only managed to stay ahead, but showed considerable growth and industry penetration. From a COVID-induced black swan event to an explosion in DeFi to BitcoinThe post Did Tether dominate the stablecoin market again? Here's the stablecoin report for 2020 appeared first on AMBCrypto.
2021-1-1 23:00 | |
|
|
Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges.
2021-1-1 19:19 | |
|
|
According to a recent report, Germany’s Bankhaus Von Der Heydt (BVDH)is partnering with Bitbond, a digital asset custody provider, to issue Euro stablecoin (EURB) on the Stellar (XLM) network. With the launch, EURB has become the first stablecoin to be launched on Stellar directly by a bank.
2020-12-11 19:18 | |
|
|
Bankhaus von der Heydt (BVDH), a 266-year-old German bank, is now issuing the first-of-the-kind Euro stablecoin on the Stellar blockchain in partnership with Bitbond, a CoinDesk report on Dec 9 reveals.
2020-12-10 14:00 | |
|
|
Libra might eventually get off the ground as early as January albeit in a more limited format.
2020-11-27 09:20 | |
|
|
Bitcoin Magazine U. S. Government Takes Control of $400M in Bitcoin, Assets Tied to Helix Mixer The U. S. government has finalized the forfeiture of over $400 million in cryptocurrency, cash, and property linked to Helix, a major darknet bitcoin mixer, following the conviction of its operator, Larry Dean Harmon.
Bitcoin Magazine Binance to Move $1 Billion User Protection Fund Into Bitcoin As the bitcoin price slumps, Binance said it will convert the $1 billion stablecoin-backed Secure Asset Fund for Users entirely into bitcoin over the next 30 days.
Stablecoin issuer Tether will publish real time data on the reserves backing USDT, the industry's largest dollar-pegged stablecoin, according to a Bloomberg report.
The price of Bitcoin surged past $11,000 but it might be too early to expect a significant rally to begin.
CryptoNinjas Huobi Global, the cryptocurrency exchange company, announced its Huobi Prime prime platform will be listing the token of payments project Reserve, the third official launch of Huobi Prime.
The new golden boys of decentralized finance, stablecoins have exploded into an industry-wide effort to dissolve cryptocurrency’s seemingly unshakable volatility. As a torrent of solutions gain a foothold in the market, however, one startup seems to spy an elephant in the room, and they think they have the answer.