Robinhood, along with Kraken and Paxos, has unveiled a Global Dollar network focused on stablecoins. Crypto and traditional finance giants have collaborated to establish the Global...
At the TON Gateway event in Dubai, Tether’s Senior Strategic Partnership Manager, Alessandro Giori, revealed that the company plans to issue a stablecoin pegged to the...
Tether Holdings Limited’s third-quarter report for 2024 highlighted significant growth across several financial metrics, strengthening its position as a stablecoin industry leader. The report, verified by...
In an open letter addressed to Vice President Kamala Harris and former President Donald Trump both of whom are now running for presidency, Charles Cascarilla, CEO...
Hong Kong’s fintech sector is gearing up for a major change with the anticipated launch of HKDR, the first Hong Kong Dollar-backed stablecoin to be issued...
The U.S. Securities and Exchange Commission (SEC) has accused two crypto companies, TrustToken Inc. and TrueCoin LLC, of tricking investors and selling financial products without proper...
A recent report by Coingecko reveals that in 2024, stablecoins make up 8.2% of the global crypto market cap, which surpasses $2 trillion. The stablecoin market...
Three of Japan’s largest banks are set to test a new stablecoin platform. Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank are collaborating on...
According to a recent report from Messari, the stablecoin economy on the Polygon POS network reached a market capitalization of $1.5 billion in the first quarter...
A new report from Coinbase reveals that 50% of U.S. small businesses favor stablecoins for their stability and lower transaction fees. Small businesses, which contribute 44%...
A recent report by Sacra predicts a significant shift in the global payments landscape. They claim stablecoins, cryptocurrencies pegged to a stable asset like the US...
A BIS report warns that inconsistent regulation threatens stablecoin usability, and to ensure the seamless integration of stablecoins into the global financial system, standardized regulations are...
US PayPal users can now conduct cross-border money transfers using the company’s PYUSD stablecoin. Announced on Thursday, US citizens can access another unique international payments system...
Paxos has received initial approval from the Monetary Authority of Singapore (MAS) for its new venture, Paxos Digital Singapore Pte. Ltd. This milestone signifies Paxos’ inaugural...
The push for stablecoin liquidity rules by the EU watchdog marks a significant step towards regulation. With the proposed guidelines currently under public consultation, they have...
Chainalysis, a blockchain analytics firm, has reported an increasing amount of stablecoin activity occurring through entities not licensed in the United States. A recent Chainalysis report...
Tether, the world’s largest stablecoin issuer, has frozen addresses linked to terrorist activity in Israel and Ukraine. The addresses contained a total of $873,000 USDT. Tether...
The plaintiff, Mr. Ming, might not be able to recover his 80,000 Tether (USDT) loan through the courts due to the borrower’s failure to make repayments....
On October 10, Bloomberg News reported that iFinex Inc., the parent company of the cryptocurrency exchange Bitfinex, proposed a $150 million share buyback. iFinex may be...
