Stable Coin
Tether Launches USDT Stablecoin on Near Network to Unlock New DeFi Products
Tether’s USDT, the world’s largest stablecoin by market cap, is now available on the Near Network proof-of-stake blockchain.
Circle CEO Allaire Supports Binance Stablecoin Decision
Circle CEO said the recent move by Binance to merge stablecoins could help make USDC the standard stablecoin rail between centralized exchanges and decentralized Exchanges.
Russia Collaborates With Other Countries to Setup Stablecoin Cross-border Clearing Platform
Russia is already working with several countries to establish clearing platforms for cross-border settlements of stablecoins, according to the state-backed TASS news agency.
What Would the Future of Crypto Be as Liz Truss Becomes Next UK PM
As Liz Truss is set to take the top administrative position of Prime Minister in the country, the market is concerned about her monetary policies, including the stance towards cryptocurrency, regulation of Stablecoins and digital assets.
Tether Taps BDO Global for Attestation of Reserve
Tether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation processes
Acala Network's aUSD Depegged from Dollar Mark after Breach
Acala Network's stablecoin was depegged from the dollar mark on Sunday following a breach. A vote was proposed to pause operations on Acala after it noticed configuration issues regarding the Horizon protocol, which affects its stablecoin aUSD.
Singapore's MAS to Open Public Consultation on Stablecoins Soon
Singapore’s apex bank, the Monetary Authority of Singapore (MAS), is ramping up plans to open up discussions with the public for stablecoin regulations.
Tether Says No Chinese Commercial Papers Holding on its Reserve
Tether Holdings Ltd, the USDT stablecoin issuer, has once again rebutted growing rumours about the composition of its reserve base. The issuer said they have no Renminbi holdings on its reserve.
Is USDC’s Value Posed to Surpass that of USDT This Year?
As the stablecoin arena gains steam, the supremacy battle between Tether (USDT) and USD Coin (USDC) continues to rage on.
UK Treasury Doubles Down on Stablecoin Regulations in New Bill
Zahawi presented the Financial Services and Markets Bill to the members of Parliament on Wednesday with a proposal to regulate stablecoins and "digital settlement assets" as a form of payment assets in the UK.