Stablecoin

Stablecoin Recent News

BlackRock's Tokenized Fund Gets USDC Cash-Out Option Via Circle Integration
Investors in BlackRock’s history-making tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), now have a way to quickly and easily convert their holdings into (CRYPTO: USDC) stablecoin, thanks to a new collaboration between BlackRock (NYSE:
Solana Challenges Ethereum's Lead In Blockchain Payments Race, Report Finds
A research report found that Solana (CRYPTO: SOL) has emerged as the new leader in the realm of blockchain payments.
Senator Elizabeth Warren: Regulating Stablecoins 'Could Amplify Risks'
Senator Warren warns of dangers of stablecoins to financial system and national security, urges cautious regulation in upcoming Senate hearing
Ripple Announces Stablecoin On XRP Ledger And Ethereum
Payment protocol Ripple (CRYPTO: XRP) on Thursday announced its entry into the stablecoin market with a U.S. dollar-pegged token.
Bitcoin Spot ETFs Hit Speed Bump As Grayscale Outflows Reach $302M In A Day, But 2 Firms Enjoy Inflows
Bitcoin spot ETFs recorded a net outflow of $85.84 million on April 1, amid a broader slowdown in the digital asset investment space.
Trading Firm Allegedly Colludes With Do Kwon's Terra, Making $1B Before Peg Collapsed: Testimony
The ongoing trial against Terraform Labs revealed allegations of collusion to manipulate the price of UST, leading to billions in losses.
Bitcoin Shatters $70,000 Barrier: What's Next For The Crypto King?
In a landmark moment for the cryptocurrency market, Bitcoin (CRYPTO: BTC) is rallying again, crossing the $70,000 threshold Friday morning.
Pro-Crypto Senator Cynthia Lummis Says Bipartisan Lawmakers Engaged In 'Delicate' Talks: 'Optimistic That We Will See Stablecoin Legislation This Year'
Fierce discussions are taking place regarding the enactment of U.S. stablecoin legislation, according to Sen. Cynthia Lummis. The Senator remains hopeful about the possibility of the law being passed within the first half of 2024.
Tether Books $2.85B Quarterly Profit: 'We Look Forward To Great 2024,' Says CEO Paolo Ardoino
Tether’s (CRYPTO: USDT) fourth-quarter attestation report recorded significant profits, with a substantial portion coming from the company's gold and Bitcoin holdings. The stablecoin issuer is looking forward to a promising 2024.
Cardano Down Over 12% In A Month As Stablecoin Launch Is Pushed Back: 'Sell All Your ADA,' Says Report
Cardano's (CRYPTO: ADA) much-anticipated stablecoin Mehen (USDM) has faced delays in its launch date.
Coinbase Expands To Africa, Closes Partnership With Stablecoin Exchange Yellow Card
Coinbase Global (NASDAQ: COIN) looks to foray into Africa.
Tired Of Shady Stablecoins? TUSD Hopes To Shine Through With Daily Audits
In a bid to enhance transparency and trust in its operations, the stablecoin TrueUSD (CRYPTO: TUSD) Thursday announced a partnership with accounting firm Moore Hong Kong (MooreHK), that will provide daily attesta
Hong Kong Proposes Licenses For Stablecoin Issuers, Outlines Regulations In Case Of Default
Hong Kong-based stablecoin issuers should obtain a license in order to operate in the city and cater to retail investors.
Circle Launches EURC Stablecoin On Fourth Blockchain, Solana Sees 3-Month Surge Of 260%
Circle’s euro-backed stablecoin, EURC will now be available on Solana for real-time, global payments and all-time available instant foreign exchange trading.
Binance Suspends Volatile Euro Stablecoin AEUR Trade, Promises To Compensate Losses
Switzerland-based fintech firm Anchored Coins recently issued AEUR. But Binance is taking issue with that fact that “some users did not realize that AEUR was a stable currency when they purchased it." As a result, "demand surged in the short term, resulting in price deviations."
SocGen Becomes First Major Bank To Back Euro Stablecoin On Crypto Exchange Bitstamp
Société Générale (OTCMKTS: SCGLY) is launching a stablecoin. What Happened The French bank will be the first major financial institution to offer digital assets tracking the price of fiat currencies to investors.
Paxos Gets Green Signal To Issue Stablecoins, Provide Digital Asset Services In This City
After Singapore, Paxos received approvals to issue stablecoins in the Abu Dhabi Global Market (ADGM).
Tether Ventures Boldly Into Bitcoin Mining, Anticipates Major Market Share Growth
Creating a strong foothold in the stablecoin market, Tether (CRYPTO: USDT) is now looking to enter the Bitcoin mining space with a significant investment.
Paxos Spearheads Singapore's Stablecoin Evolution With USD-Backed Token Initiative
Paxos, a crypto brokerage firm, has received preliminary authorization from Singaporean regulators to offer digital payment token services.
USDC's Market Challenge: Circle's Plan To Revitalize Its Stablecoin As Competition Rises
Circle, the issuer of the stablecoin USDC (CRYPTO: USDC), has introduced the Circle Alliance Program. This initiative aims to unite businesses, institutions, and protocols across various sectors such as fintech, traditional finance, consumer applications, payments, banking, and Web3.
House Committee To Explore Crypto's Dark Side In Upcoming Hearing
The House Financial Services Committee (FSC) is set to conduct an in-depth examination of unlawful activities within the cryptocurrency sector. 
Circle Announces Upgrade For USDC, EURC Stablecoins: Here Are The Changes In Store
Circle confirmed that a new v2.2 upgrade to USDC and EURC will add new features and sharpen the existing ones.
PayPal Reveals SEC Subpoena On PYUSD Stablecoin In Q3 Earnings Report
Stablecoin issuer and payments firm, PayPal Holdings Inc (NASDAQ: PYPL) said Thursday that it has received a subpoena from SEC’s Enforcement division regarding its PYUSD, USD-pegged stablecoin, as indicated in its