2022-11-16 21:41 |
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year. origin »
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Silvergate is no longer on track to launch its own Stablecoin this year, though CEO Alan Lane said the company continues to work closely with regulators on the matter.
2022-10-19 20:47 | |
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The firm had said it plans to bring its commercial paper holdings to zero by the end of the year.
2022-10-4 13:37 | |
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While USDT has observed a decline in its marketshare during the year 2022 so far, the stablecoin still retains its place at the top. USDT Is Still Number One In Stablecoin Market, USDC Remains 2nd According to the latest weekly report from Arcane Research, USDT’s share of the stablecoin market has now gone down to […]
2022-9-30 22:00 | |
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Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”
2022-9-24 05:43 | |
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Democrats pushed for a provision directing the U.S. Federal Reserve to move forward on a digital dollar, but the negotiations concluded with a new directive for another Fed study in this year’s ongoing legislative effort to regulate stablecoins, according to a person familiar with the talks.
2022-9-21 17:57 | |
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$500,000 worth of the Dai stablecoin, stolen last year, is being sent through the notorious mixer.
2022-9-10 09:26 | |
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$500,000 worth of the Dai stablecoin, stolen last year, is being sent through the notorious mixer.
2022-9-9 09:26 | |
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Hey folks. Monday was a federal holiday in the U. S. so we’re taking it easy today. Reporting from my colleague Jesse Hamilton suggests that stablecoin legislation we expected to see released this month may not be coming after all.
2022-9-8 20:30 | |
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Since the Terra Luna crisis earlier this year, there has been a shake-up in the stablecoin ecosystem. The post Stablecoin wars heat up as USDC and USDT battle for market share appeared first on CryptoSlate.
2022-9-2 22:08 | |
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Issuers of the two largest stablecoins - Tether's USDT and Circle's USDC— have extended their support to Ethereum as it approaches The Merge in September this year. The post Stablecoin Giants Circle, Tether Support Ethereum in Its Upcoming PoS Transition appeared first on BeInCrypto.
2022-8-11 21:14 | |
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Shiba Inu may be gearing up for an earth-shattering comeback following a plan to launch a stablecoin for the ecosystem later this year.
2022-7-11 15:25 | |
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Coindesk reported that an official of the U.S federal government hinted that the government is working with Congress on a stablecoin legislation that could become law by the end of the year. The post Biden administration official hints at stablecoin legislation that could come into force this year appeared first on CryptoSlate.
2022-7-1 08:40 | |
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The President’s Working Group on Financial Markets discussed issues that should be addressed by stablecoin legislation in a meeting Thursday.
2022-7-1 21:20 | |
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The collapse of terraUSD only added extra fuel to the fire of those saying the sector needs regulatory clarity, and fast.
2022-6-11 00:50 | |
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The ecosystem of layer 1 Terra has been on the rise for the past year. Apart from being cheap and easy to use, one of the best features of Terra is its native stablecoin UST. The coin is pegged to the US dollar and can be used to pay for gas fees on the network. […]
2022-5-9 17:36 | |
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Stablecoin supply shows significant growth during the year. The market cap of the top stablecoins is roughly $181 billion, over 11% of the total crypto market, which is now at $1,6 trillion after shedding over $140 billion in the past two days over geopolitical concerns.
2022-2-23 02:59 | |
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Competition among US states to become hubs for crypto and blockchain activities has increased significantly over the past year. Wyoming is one of the crypto-friendly states in the US, and it is now planning to launch its own stablecoin by the end of the year.
2022-2-19 14:29 | |
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In most climes, the arrival of a new year is an opportunity to make projections for what the future holds. The post Vitalik Buterin foresaw stablecoin and defi growth, omits NFT appeared first on CryptoSlate.
2022-1-4 12:00 | |
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As predicted by Terra CEO Do Kwon earlier this year, the stablecoin TerraUSD (UST) has reached 10 billion supply before 2021 has been over. “UST marketcap is now $10B, the first decentralized stablecoin to achieve this milestone.
2021-12-28 17:07 | |
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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 | |
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As the general cryptocurrency ecosystem grew, stablecoins tapped into the spurt to expand by over 300% in the year. The growth of stablecoins in the calendar year is intricately tied to the general popularity of cryptocurrencies, Tether’s USDT and Circle’s USDC are the largest stablecoins in the market with a combined market capitalization of $118 […]
2021-12-22 12:51 | |
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Yet another stablecoin philanthropy initiative launched by Circle during the past year.
2021-12-17 00:30 | |
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Avalanche’s price witnessed a pretty decent rally during 2021 with over 3000% price appreciation over the year. In fact, in the first half of November itself, Avalanche witnessed a 130% pump from $6The post Stablecoin USDC launching on Avalanche, has this impact on AVAX's price appeared first on AMBCrypto.
2021-12-16 19:30 | |
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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 | |
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The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year.
2021-12-7 00:35 | |
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Stablecoin supply is back on the rise after staying mostly flat for some time. In the first five months of the year, as the crypto market rallied, the supply of stablecoins increased significantly.
2021-11-13 19:08 | |
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As demand for UST rises with more projects joining the Terra ecosystem, it will accelerate “the expansion of the stablecoin supply and accruing value to LUNA holders,” said co-founder Do Kwon. The post Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to Bln, says Founder first appeared on BitcoinExchangeGuide.
2021-10-18 19:43 | |
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Stablecoin issuer Tether is dealing with rising scrutiny from regulatory authorities as they attempt to understand its cash reserves, business framework, and more. Speculations on Tether Tether has released 48 billion USDT — claimed to be valued at $1 each — this year.
2021-10-8 14:00 | |
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Cross-border payments giant MoneyGram is now working with the Stellar network for instant money transfers using the USDC stablecoin. The companies announced on Monday that they would start the pilot in the fourth quarter of this year, and a gradual rollout of enabling USDC fiat on and off-ramp across MoneyGram’s retail platform will happen early […] The post MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC first appeared on BitcoinExchangeGuide.
2021-10-7 16:09 | |
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The US Securities and Exchange Commission (SEC) sent an “investigative subpoena” to the issuer of USDC stablecoin Circle in July of this year, according to a filing. Circle made this disclosure as part of a filing about its plans to go public through a merger with the special purpose acquisition company (SPAC), Concord Acquisition Corp.
2021-10-5 17:06 | |
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After making a series of cuts in its interest rates for crypto holdings in 2021, crypto lender, BlockFi has finally made the first increase of this year. BlockFi, which sets the rates based on market dynamics for lending and borrowing, announced this week that starting October 1st, the company is raising increasing rates for all […] The post Crypto Lender BlockFi Increases All Stablecoin Rates amidst Regulatory Pushback first appeared on BitcoinExchangeGuide.
2021-9-29 17:54 | |
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From September this year, USDC stablecoin will be 100% backed by cash and short-term US government treasuries. This is according to the Centre Consortium, the organization that manages the cryptocurrency, which is backed by Circle Financial And Coinbase.
2021-8-24 19:17 | |
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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 | |
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While the dominant stablecoin Tether’s market cap has fallen from 85.63% a year back to now at 62.17%, USDC’s has surged from 6.77% to 21% during the same time period. The post Total Stablecoin Supply Surpasses 0 Billion; Billion of it Issued Just This Year first appeared on BitcoinExchangeGuide.
2021-5-27 16:45 | |
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Diem, the cryptocurrency project headed by Facebook originally known as Libra, recently announced its plans to launch a stablecoin with its focus scaled back to the United States. The company stated earlier this year that it would be relocating its primary operations from Switzerland back to the United States, and would withdraw its payment system […]
2021-5-17 02:59 | |
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Stablecoins have been ruling the crypto world since last year. The total stablecoin supply is ready to hit $90 billion, up from $28 billion at the beginning of this year and $5. 87 billion in January 2020.
2021-5-10 18:13 | |
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Stablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year.
2021-5-2 12:00 | |
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Stablecoin monetary base is also growing, on track to hit $100 billion after more than doubling so far this year. The post Stablecoins Facilitated Trillion in Transaction Volume in Q1 2021 first appeared on BitcoinExchangeGuide.
2021-4-23 19:01 | |
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There seems to be no stopping the growth in the supply of stablecoins, but Coinbase-backed USDC, in particular, has reported massive gains this year to become the second-most used stablecoin in the maThe post USDC v.
2021-4-23 14:00 | |
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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 | |
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Facebook giant plans to begin testing its stablecoin Diem, this time it will be pegged to the USD only
2021-4-20 12:23 | |
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Riding on the current altcoin rally wave, DeFi tokens, CRV, MATIC and YFI have all been rallying. Merely a year old, CRV now supports inexpensive stablecoin swaps with high liquidity (< $0.001 centThe post Should traders expect double digit returns for coins like CRV, MATIC, YFI appeared first on AMBCrypto.
2021-4-9 18:00 | |
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Curve Finance is one of the stalwarts of the decentralized finance space in that it is now more than a year old. The protocol launched in January 2020, to serve as a decentralized exchange liquidity pool for extremely efficient stablecoin trading.
2021-4-4 12:31 | |
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Visa has today announced that it has successfully processed a USDC payment directly on the ethereum blockchain using crypto stablecoin USDC. The payments giant plans to introduce this new capability to its partners later this year.
2021-3-29 16:26 | |
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After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021.
2021-3-19 15:00 | |
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According to analyst company The Block, the volume of transactions in stable digital assets exceeded $360 billion in February this year, setting a new high. Tether (USDT) remains the most liquid stablecoin with a share of 63.
2021-3-1 11:58 | |
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The Rai Reflex Index, a product of Reflexer Labs, was launched on Feb. 17 after a year of research and development. According to the announcement, RAI is an Ethereum-backed, non-pegged stable asset.
2021-2-19 10:25 | |
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Privacy-centric stablecoin Verve has been hit by a DDoS attack, causing the platform to lose transaction dates from July last year. The attack means thousands of balances have disappeared, and users who bought or received Verge (XVG) from July 2020 may have lost their balances.
2021-2-17 16:04 | |
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Data from market monitor Skew has shown that the market capitalization for USDC has significantly risen by 100%. Results also reflected a steady ascent since the beginning of August 2020. However, this steady growth accelerated at the beginning of 2021.
2021-2-2 19:50 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.