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...
Real estate-backed stablecoin USDR has de-pegged from its $1.00 target, triggering concerns among crypto investors and analysts. According to reports, the stablecoin’s treasury has been depleted...
A new stablecoin is on the market, pegged to the dirham (AED) — the currency of the United Arab Emirates (UAE) and launched by an ex-SoftBank...
Chinese authorities have reportedly arrested Hui Ka Yan, the chairman of Evergrande. They are currently holding him at a designated location and reportedly monitoring his activities....
Mitsubishi UFJ Trust and Banking, a prominent financial institution in Asia, is exploring the possibility of creating a new stablecoin in collaboration with Binance Japan and...
Linear Finance reported an attack that resulted in the draining of all ℓUSD liquidity on two key DEXs, PancakeSwap and Ascendex. As a result, the attack...
USDC expands to Polkadot Asset Hub with Circle’s launch USD Coin(USDC), the second-largest stablecoin by market capitalization, has now launched on the Polkadot blockchain network, continuing...
Stablecoins have become an integral part of the cryptocurrency market, offering a distinct advantage of stability in an otherwise volatile ecosystem. Examining the performance of Vietnam’s...
