Tag: Stablecoin

Paxos launched a new yield-bearing stablecoin called Lift dollar (USDL) and chose Argentina as the initial market for its debut.

Ethena USDe stablecoin has made history by soaring beyond the $3 billion circulating supply milestone in just about 4 months

Tether (USDT), the largest stablecoin by market cap, recorded an all-time high market cap of $111 billion as of May 29.

Nick van Eck, CEO of Agora, stated that many stablecoins will likely be classified as securities in multiple jurisdictions.

Ripple chief executive Brad Garlinghouse expressed a conviction that regulatory action against Tether was imminent.

Gillibrand and Lummis emphasized the necessity of requiring stablecoin issuers to maintain one-to-one reserves and implementing state.

United States Senators are mulling the plan to ban algorithmic stablecoin as the risks posed by these assets is becoming alarming

The United Kingdom is set to greenlight new stablecoin regulation by July, ending months of push in that regard

Japan-based Sony Bank has unveiled an ongoing stablecoin trial with SettleMint with the Polygon protocol selected as the preferred blockchain

The Cardano network has been experiencing remarkable growth in its ecosystem over recent quarters USDM might fuel this expansion further. 

Dominant stablecoin Tether (USDT) has seen a massive upshoot in its circulating supply which has now inched close to 100 billion

A significant portion of the CCI's letter to the regulators of Hong Kong delved into the discussion of algorithmic stablecoins.

The firm encouraged retail participants and individuals outside the Circle ecosystem to transfer their TRON-based USDC to an exchange.

The government was “pushing very hard” for implementing the staking and stablecoin regulation in the UK, Bim Afolami said.

The World Bank might have construed XRP as a stablecoin as pointed out by former Ripple Executive who sees no reason for any such products

Maxine Waters said that the US lawmakers are focused on passing a stablecoin bill and are "very, very close—very close."

Spanish fintech firm, Monei has launched a trial for EURM, a euro-backed stablecoin, under the regulatory eye of the Bank of Spain