Tag: stablecoin

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Blockchain

Why USDT Tether a Stablecoin firm minted 4 Billion USDT in 4 weeks from Oct 19 to Nov 10 2023

In the ever-evolving landscape of cryptocurrency, Tether, a leading stablecoin issuer, has recently made headlines with its significant issuance of USDT tokens, stirring...
Binance Smart Chain

PayPal FCA Crypto Approval, BoE Pushes Stablecoin Regs

At the end of October, PayPal gained official approval from the Financial Conduct Authority (FCA) in the UK, to offer certain crypto services....
Polkadot Chain

2nd Biggest Stablecoin Issuer Circle Plans To Go “Public” In 2024 

Reportedly USDC issuer Circle is considering going public in the next year. Circle is a popular crypto firm known for USDC, a US dollar-pegged...
Web 3.0

Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

Michael Barr, vice chair for supervision at the U.S. Federal Reserve, commented on matters related to stablecoins and CBDCs on Nov. 7. According to...
Polygon Chain

Stablecoin Activity Takes Crown From DeFi in Q3: Report

Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become the most popular...
XDai Chain

New growth in top stablecoin supply could signal a return of on-chain liquidity

Quick Take The recent data analysis illuminates an intriguing trend: a return to growth in the supply of the top five stablecoins – USDT,...
Altcoin News

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...
Bitcoin

PayPal’s $158M PYUSD Stablecoin Market Cap Shaken By SEC Subpoena

In a recent report by Reuters, online payment system company PayPal announced plans to bolster its market value by $4 billion, seeking to...
Crypto Regulation News

UK government outlines FCA’s role in stablecoin regulation

Binance Smart Chain

US Remains Largest Crypto Market But Stablecoin Activity Shifts Away

The United States is the world’s largest cryptocurrency market, accounting for 24.4% of global transaction activity, according to a recent report by Chainalysis. The...
Metaverse

Cardano Creator Unveils What’s Really Happening With Djed Stablecoin Project

Gamza Khanzadaev Charles Hoskinson breaks silence on stablecoin project Djed shutdown rumors In a recent development, Charles Hoskinson, prominent blockchain entrepreneur and founder of Cardano, has...
Bitcoin

Despite U.S. House Gridlock, Senator Gillibrand Bullish on Stablecoin Bill, Illicit Finance Legislation

"As mainstream finance moves into this space, I think people in Congress are going to see we can't have our head in the...
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