Stable Coin
NEAR Protocol to Wind Down Stablecoin USN, Allocating Funds for User Protection
The firm has announced plans to shut down the USN stablecoin to avoid greater risks.
FDIC to Offer Guidance on Crypto After it Understands its Associated Risks
FDIC's Martin Gruenberg said more guidance will be given to banks about crypto when it gains more understanding of its inherent risks
European Parliament Ratifies MiCA Framework in Landslide Vote
The long-awaited Markets in Crypto Assets (MiCA) regulation has just scaled through the European Parliament as MPs voted massively in favour of the bill.l
Crypto Regulation Takes New Leap as European Council Adopts MiCA
The European Union is drawing closer to adopting the comprehensive Markets in Crypto Assets (MiCA) regulation as the European Council has passed the framework.
Argentina Fighter Guido Cannetti Accepts Salary in Stablecoin
Argentina athlete Guido Cannetti of the world's leading mixed martial arts competition Ultimate Fighting Championship (UFC) announced that his salary will be paid in full in stablecoin USDC.
USDT Tokens Now Live on the Polkadot Network
Tether Limited recently expanded its reach across various blockchain platforms by launching its stablecoin (USDT) on the Polkadot network
House Stablecoin Bill to Seek Two-year Ban on Issuing New Algorithmic Stablecoins
U.S. House of Representatives is drafting a new bill to impose a two-year ban on issuing new algorithmic stablecoins similar to TerraUSD (UST), according to Bloomberg.
Robinhood Lists USDC as First Stablecoin on Trading Platform
Robinhood has adopted the second-largest stablecoin for trading transactions.
Binance-Backed WazirX Exchange to Delist USDC, USDP & TUSD
Indian crypto platform WazirX has announced it will be delisting USD Coin (USDC), USDP, and TUSD in a move that is similar to its so-called parent company, Binance Exchange.
Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model
The new stablecoin project has no connection with the Bank of Russia’s digital ruble. The stablecoin will be pegged to ruble fiat currency.