Stablecoin Financial News

09.08 / 19:47

Government Stablecoin regulation PayPal us house services committee Financial US House Financial Services Committee leadership takes opposing sides on the PayPal stablecoin

PayPal’s launch of a U.S. dollar-pegged stablecoin has prompted questions from Democratic members of the House Financial Services Committee, while Republican leadership said the coin showed the potential of regulatory clarity.

09.08 / 16:35

Ethereum Stablecoin Adoption Binance Tether Usd Coin Bitcoin reserves Binance drops majority of USD Coin reserves — Latest USDC news

In the most recent episode of The Market Report, analyst and writer Marcel Pechman delves into the topic of crypto exchange Binance’s proof-of-reserves. This report reveals a significant decline in USD Coin (USDC) balances, plummeting from $3.4 billion on March 1 to a mere $23.9 million by May 1.

09.08 / 16:29

Stablecoin Latin America Trading Investment BaSe Premium Suspends Lost Unstoppable Domains Today in Crypto: Bitstamp 'Permanently' Suspends Trading for Several Altcoins for US Users, MuesliSwap Will Refund Money Lost Due to Slippage 'Misunderstanding', Unstoppable Domains Launches Blue Premium Membership

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

09.08 / 14:21

Stablecoin PayPal USDT Bernstein Stablecoin Market Cap To Hit Nearly $3 Trillion By 2028: Bernstein Report

Private wealth management company Bernstein has projected stablecoins to grow by 2,140% in the next five years with huge developments trickling into the sector.

09.08 / 13:01

Stablecoin USDT USDC International Circle Stablecoin CEO Unveils International Dominance: 70% of USDC Adoption Outside US

In an August 8th tweet, Jeremy Allaire, the CEO of Circle, mentioned that approximately 70% of USD Coin (USDC) adoption originates from countries beyond the United States.

09.08 / 12:29

Stablecoin regulation Bank of England Bank of England Remains Focused on Systemic Stablecoin Regime

The UK central bank has released a consultation response on systemic stablecoins, suggesting that it remains committed to a systemic stablecoin regime.

09.08 / 09:49

Stablecoin Federal Reserve crypto regulation Reserve crypto activities Federal Reserve Establishes Program to Monitor Crypto Activities in US Banks

The U.S. Federal Reserve has introduced a new set of guidelines aimed at closely monitoring banks' involvement with cryptocurrencies.

09.08 / 09:39

Stablecoin PayPal PYUSD Here's How PayPal Plans to Monetize Its New PYUSD Stablecoin

Payments giant PayPal plans to generate revenue from its upcoming stablecoin in a number of ways, including from its use in payment transactions.

09.08 / 01:03

business Stablecoin Adoption regulation Banks Federal Reserve US Fed steps up oversight of banks' involvement with crypto firms

The United States Federal Reserve is broadening the scope of its supervision program which oversees U.S. banks that engage with the cryptocurrency and blockchain industry.

08.08 / 18:53

BTC Stablecoin PayPal BlackRock Bitcoin spot bitcoin ETF PYUSD spot ETF Bitcoin (BTC) Price Rallies Towards $30,000 Amid Rising Spot ETF Application Approval and PayPal Stablecoin Optimism

Bitcoin (BTC) is approaching a retest of the psychologically important $30,000 amid a fresh wave of optimism about the likelihood of near-term spot bitcoin Exchange Traded Fund (ETF) application approvals, as well as optimism about crypto’s broader adoption.

08.08 / 17:11

Blockchain Ethereum Stablecoin Adoption defi Polygon avalanche USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 video games, e-commerce services and other blockchain applications to create customized wallets specifically for their users. It will be available initially on Ethereum, Avalanche and Polygon.

08.08 / 16:57

Stablecoin Europe coinbase Asia FCA Today in Crypto: Binance Becomes First Fully Licensed Exchange in El Salvador, Coinbase Offers to Buy Back Up to $150 Million of Its $1 Billion Bonds, Bitstamp in Talks to Raise Fresh Funding, Brazilian CBDC Gets Its Official Name and Logo

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

08.08 / 14:49

Stablecoin Adoption regulation guidelines Obligatory license for stablecoins? What do the latest FSB guidelines mean

Normally, the numerous reports published by the Financial Stability Board (FSB) don’t contain particularly bold suggestions.

08.08 / 13:45

Blockchain Stablecoin CBDC Adoption Payments Japanese startup to use stablecoins and CBDC to link Asian countries

Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries.

08.08 / 12:29

Stablecoin regulation Bank of England Power Bank of England will get more power in regulating stablecoins

The United Kingdom government could rebalance the power between the Bank of England (BoE) and the country’s principal financial regulator, the Financial Conduct Authority (FCA), in the former’s favor, according to a 40-page consultation response published by His Majesty’s Treasury on Aug. 7.

08.08 / 09:41

business Blockchain Stablecoin Binance Silvergate Bitcoin Bitcoin Price Binance sold USDC for BTC and ETH after Silvergate Bank collapse: PoR report

Cryptocurrency exchange Binance released its latest proof-of-reserves (PoRs) on Aug. 1, offering transparency into its crypto reserves. However, the movement of its USD Coin (USDC) reserves at the time of Silvergte’s collapse caught many people’s attention and became a topic of discussion on X (formerly Twitter).

08.08 / 05:07

Stablecoin Adoption Tether Circle Usd Coin Circle CEO: 70% of USDC adoption comes from outside the US

Circle CEO Jeremy Allaire estimates as much as 70% of USD Coin (USDC) adoption comes from countries outside of the United States.

08.08 / 02:21

business Ethereum Stablecoin CBDC PayPal us government transactions PayPal USD NOT Paypal USD: Boon for Ethereum but not decentralization, says community

Paypal’s new Ethereum-based stablecoin, PYUSD has been seen as bittersweet news for the crypto community.

07.08 / 17:47

Stablecoin PayPal USDT Terra UST Global Payment Firm PayPal Launches Crypto Stablecoin – How Does it Work?

Global digital payments giant PayPal Holdings Inc. is stepping into the stablecoin market.

07.08 / 13:51

business Blockchain Stablecoin PayPal Breaking: Paypal launches PYUSD stablecoin for payment

American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7.

07.08 / 03:13

business Blockchain Stablecoin Altcoin lending vpn DAI controversy Controversy as MakerDAO's Spark Protocol blocks users with VPNs

MakerDAO, one of the early pioneers of decentralized finance, has sparked criticism over its decision to block virtual private network (VPN) users from accessing its recently launched lending platform, Spark Protocol.

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