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Tag: stablecoin

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Crypto Exchanges

Trump Plans to ‘Rescind and Amend’ IRS Crypto Tax Rules, Sign Stablecoin Bill By August

President Donald Trump’s administration on Friday detailed how the U.S. plans to assert its leadership in the crypto space during a first-ever White...
Bitcoin

Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports

Congress has for years struggled to get any new laws passed for cryptocurrencies, providing greater clarity sought by both critics and proponents of...
Bitcoin

Stablecoin Adoption Surges with Payment Use Cases

The global stablecoin market has surged past $150 billion, indicating a growing demand for digital assets with relative stability. Competition in the stablecoin...
Bitcoin

Ethena Labs’ USDe Stablecoin Divides Opinion as High Staking Yields Stir Memories of Terra’s Demise

Unlike asset-backed stablecoins like tether (USDT) and USDC, whose value is secured against dollars or dollar-equivalents such as U.S. government debt, USDe calls...
Ethereum

Warren Slams Stablecoin Bill, Citing Security Risks

Senator Elizabeth Warren is challenging the push for a stablecoin bill without anti-money laundering laws,...
XDai Chain

Hong Kong-based stablecoin issuer expands to Sui network

Hong Kong-based stablecoins issuer First Digital Trust has announced plans to expand its token to the Sui blockchain. The dollar-pegged $3 billion FDUSD...
Scam News

Circle expands its Web3 Services to Solana as stablecoin transfers surge

Share this article Circle is extending its Web3 Services and Tools suite to the Solana blockchain to enhance USDC’s accessibility for developers and enterprises,...
XDai Chain

Can Ripple’s Stablecoin Challenge USDT?

In the first week of April 2024, US-based technology company Ripple officially announced the launch of its stablecoin. This new stablecoin will join...
Polygon Chain

Sony Bank Tested The Stablecoin Launch On The Polygon (Matic) Blockchain

The financial arm of Sony Group successfully experimented on the Polygon crypto network for experimental Yen-pegged stablecoin. Sony Bank is the financial arm of...
Polygon Chain

Sony Bank Leverages Polygon Blockchain For Stablecoin Pilot Program

According to local media reports in Japan, Sony Bank announced its foray into the stablecoin world, launching a trial to issue its fiat-linked...
Polygon Chain

Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project

According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could...
Ethereum

PayPal Enables US Customers to Utilize Stablecoin for Global Payments

PayPal has unveiled a new service allowing its U.S. clients to conduct cross-border money transfers...
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