The stablecoin economy experienced a deep loss in the first three months of 2023. Findings from Coingecko revealed that in Q1, stablecoins lost $6.2 billion. The...
The cryptocurrency market has witnessed a great deal of volatility since its inception. The value of Bitcoin, the world’s first cryptocurrency, has experienced tremendous fluctuations, with...
Were stablecoins designed to provide users with greater liquidity around the world and reduce the volatility of cryptocurrencies, or to enable criminals to steal users’ funds?...
The CEO of Circle, Jeremy Allaire, has called for SEC to stay away from regulation of stablecoins claiming it’s best done by bank-based regulators and not...
In the wake of the recent actions by the SEC against Paxos, the issuer of BUSD, CZ, CEO of Binance revealed during an AMA that the...
Major Decentralised Finance Protocol Aave has deployed its native stablecoin GHO on Ethereum’s Goerli testnet. The deployment was announced by Aave companies, on Thursday 9th February. ...
The CEO of Visa, one of the world’s largest credit card companies, has reaffirmed his belief that blockchain-powered solutions can be integrated into the company’s services...
The Islamic Republic of Iran and Russia are partnering to release a gold-backed stablecoin. According to the course, the two countries want to have a stablecoin...
In the global adoption index of blockchain especially as it relates to cryptocurrencies, Nigerians have shown a strong affinity. The Central Bank of Nigeria (CBN), in...
The year 2022 saw the introduction of an advanced relationship between the government and the crypto industry. An ordinary look at the industry shows that the...
A US official, Senator Pat Toomey, introduces a stablecoin TRUST Act to the house two months after announcing his retirement. The Republican politician wants to see...
The Binance crypto exchange recently had an enormous increase in USDC withdrawal accompanied by a pause in the stablecoin withdrawal. The pause left users with a...
Jewel, a digital bank in Bermuda, is set to launch its first stablecoins. Reports show that the stablecoin, Jewel USD, will be pegged to the US...
The UK Parliament is set to begin consultations on the development of the first national CBDC (digital pounds). In a statement made by Jeremy Hunt, the...
The Central Bank of Korea has released a proposal on the issuance of stablecoins in the country. The report revealed that issuers of stablecoins in South...
Speaking at a Twitter AMA, the CEO of Binance, CZ, told listeners that the reason Binance has a good deposit of stablecoins is that it helps...
The federal government of Canada announced the release of a consultation paper on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) yesterday, (Thursday, 3rd of November,2022)...
Stablecoin HUSD has lost over two-thirds of its value after suffering a depeg on October 31. The depegging incident appears to have resulted from the decision...
Lawmakers in the United Kingdom agreed to have cryptocurrency as a regulated financial instrument. On Thursday, the Lawmakers in agreement, said it would issue new rules...