Tag: stablecoin

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USDT stablecoin is now available on Celo blockchain

Tether, the issuer of the USDT stablecoin, has expanded its reach by launching on the Celo network, a carbon-negative, permissionless platform compatible with...

Lummis and Gillibrand Lead Charge on Stablecoin Regulation

Key Takeaways Senator Cynthia Lummis, known for her pro-Bitcoin stance, is collaborating...

Tether’s USDT Stablecoin Touches $100B Market Cap, Benefiting from Crypto Trading Frenzy

The company has, however, received a fair amount of scrutiny over the years for its opaque reserve management, having at one point risky...

Crypto Council comments on Hong Kong’s stablecoin regulation 1

The Crypto Council for Innovation (CCI) recently submitted a comprehensive commentary on Hong Kong’s proposed regulatory framework for stablecoins. The proposed regime, outlined...

Finance Protocol Usual Introduces Stablecoin Backed by Real-World Assets

"Existing stablecoin models lack transparency and equitable value distribution, privatizing their gains and socializing their losses, and going against the ethos that web3...

Circle Rolls Out Native USDC on the Celo Blockchain, Expanding Stablecoin Access

Circle has integrated USDC directly onto the Celo blockchain, enabling faster and cheaper transactions with its native stablecoin. This aligns with Circle and...

Rising stablecoin supply shows an influx of capital into the crypto market

Last week, Bitcoin rode the bullish wave it got on last fall and broke above the coveted $52,000 level. Bitcoin regaining almost all...

Stablecoin Wars: Circle Executive Tells Congress That U.S. Treasury Department Should Probe Rival Company Tether

A Circle executive told Congress this week that she hopes the U.S. Treasury Department considers taking action against Tether. Caroline Hill, senior director of...

Ethereum Competitor Cardano Witnesses Massive Surge in TVL and Stablecoin Value To Close Out 2023: Messari

Ethereum (ETH) competitor Cardano (ADA) witnessed an explosion in total value locked (TVL) in the last quarter of 2023, according to the crypto...

Licenced Stablecoin on/off Ramp Yellow Card to Introduce USDC on Stellar Network

The African stablecoin on/off ramp, Yellow Card, is set to introduce the stablecoin USDC on the Stellar network. This partnership has the potential...