According to Bitso, people in Latin America use stablecoins like USDC and USDT as a store of value. In 2024, Bitso users made most of their...
The CIO of Bitwise believes that traditional finance stablecoins will struggle to capture a significant share of the market. The crypto community reacted differently to BofA’s...
After more than three years of navigating regulatory challenges, cNGN has officially launched as Nigeria’s first compliant stablecoin. The company announced the launch as part of...
Banks in Taiwan will soon be able to issue and manage stablecoins, according to the Financial Supervisory Commission (FSC). Taiwan’s government, via the Financial Supervisory Commission,...
The total supply of cryptocurrency stablecoins has hit an all-time high, surpassing $200 billion, according to data from Artemis Terminal. Stablecoins are cryptocurrencies that maintain stable...
Stablecoins now constitute 43% of cryptocurrency transactions in Sub-Saharan Africa, according to a report by Chainalysis. Currency devaluation in Nigeria and Ethiopia has contributed to the...
The TON Foundation has announced a partnership with Curve Finance to create a new stable swap project on the TON blockchain. The project will maximize Curve’s...
As of May 5, 2024, stablecoins have amassed a market capitalization exceeding $160 billion, as reported by CMC. This remarkable growth in value is largely attributed...
CoinShares analysts foresee a defining year for Bitcoin in 2024, suggesting the potential emergence of a Bitcoin-based stablecoin that could rival existing stablecoins in speed and...
If the committee decides to permit longer-term assets as backing for stablecoins, they assert that these assets must exceed the stablecoin holders’ claims to mitigate risk....
At Messari’s Mainnet 2023 event, an insightful discussion took place. Nic Carter, the co-founder of Castle Island Ventures, explored the significant influence of stablecoins on the...
Cryptocurrencies have changed how we view money globally from the inception of Bitcoin in 2009. Beyond fiat currencies, there are now stablecoins which can be described...
The report of Crypto Index globally from Chainalysis highlighted that Central & Southern Asia and Oceania (CSAO) have become a noteworthy and influential region in the...
In response to increased regulatory scrutiny, Binance. US has stopped allowing direct withdrawals of U.S. dollars due to changes in its terms of service, as part...
In a bid to address issues related to the crypto industry, the Canadian Securities Administrators (CSA) has issued a regulatory framework for all institutions involved in...
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...
The company behind the USD Coin stablecoin, Circle, argues that assets pegged to the U.S. dollar are not securities. Circle argued that stablecoins are not securities...
According to the governor of Banco Central do Brasil, Brazil’s central bank, Governor Roberto Campos Neto, a significant surge in crypto adoption in the country was...
The Federal Reserve Banks of Boston and New York published a staff report on Sep. 26 comparing stablecoins, such as USDT and USDC, to money market...
