Stablecoin Financial News

11.01 / 10:15

Stablecoin Binance Tether Usd Coin USDC transfer volume hit 5X USDT's in fallout from FTX collapse

Stablecoin USD Coin (USDC) has grown in popularity since the collapse of FTX and now frequently reaches daily transfer volumes four to five times that recorded by major competitor Tether (USDT) according to data from blockchain analytics firm Glassnode.

11.01 / 01:31

business Blockchain Stablecoin Fraud Albright Capital drops lawsuit against Terraform Labs and Do Kwon

Albright Capital has dropped its lawsuit against Terraform Labs and its founder Do Kwon, according to a Notice of Voluntary Dismissal filed in U.S. District Court on January 9. Before its dismissal, the lawsuit had alleged that the company had violated the Racketeer Influenced and Corrupt Organizations Act (“RICO”) by operating the stablecoin, UST, as a “Ponzi scheme.”

11.01 / 01:31

business Stablecoin Binance Dollar Backed Binance pushes back against report stablecoin isn’t fully backed

Major crypto exchange Binance initially pushed back against a Bloomberg report that its Binance-Peg BUSD stablecoin “doesn’t always appear to have been completely backed by BUSD”.

10.01 / 19:09

Stablecoin CFTC SEC Framework regulatory Today in Crypto: Expelled Chinese Communist Party Official Shamed on TV for Supporting Crypto Mining, Nigeria Considering a Regulatory Framework for Stablecoin Implementation

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

10.01 / 14:31

Stablecoin Adoption ICO Framework Nigeria to create the stablecoins and ICOs legal framework

As one of the world’s pioneers in adopting its own central bank digital currency (CBDC), Nigeria declares its readiness to accept the existence of private stablecoins as well. The necessity to create a legal framework for stablecoins is marked in the latest central bank strategy paper.

09.01 / 16:33

Blockchain Stablecoin security What is the Trust Wallet and how do you use it?

A secure cryptocurrency wallet is crucial for those investing in the growing cryptocurrency market. Technically, crypto wallets are pieces of software that enable users to send and receive digital currencies, like Bitcoin (BTC), Ether (ETH) and Litecoin (LTC).

05.01 / 14:21

Stablecoin CBDC regulation lawmaker Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi

Hong Kong authorities are looking for new designs for a central bank digital currency (CBDC), now proposing to issue a CBDC in the form of a stablecoin backed by the government.

05.01 / 01:15

business Stablecoin Bankruptcy Celsius Judge rules Celsius owns funds in Earn accounts, paving the way for stablecoin sale

Judge Martin Glenn, who is presiding over the Celsius bankruptcy case, ruled on Jan. 4 that the funds in the Celsius interest-bearing Earn program belong to Celsius under the terms of the program’s terms of use. The funds reportedly amount to more than $4 billion.

30.12 / 01:29

Stablecoin defi Vader will shut down stablecoin USDV, cannot find a 'breakthrough'

The app that produces stablecoin Vader Protocol US Dollar (USDV) will be shut down, according to a Dec. 29 announcement from its developers.

29.12 / 23:37

Stablecoin regulation regulatory Bank of India report calls for regulatory coordination on crypto market challenges

The Reserve Bank of India (RBI) has appealed to the country’s presidency of the G20 group of the world’s largest economies as a pulpit to call for the development of a global regulatory framework for crypto assets. In its latest financial stability report, released Dec. 29, the bank again expressed its concerns about the burgeoning crypto ecosystem and suggested parts of it could be banned.

28.12 / 18:15

Blockchain Stablecoin security Volatility Crypto Staking How can crypto staking improve in light of the FTX crash

The FTX collapse shook up the crypto market, and billions of dollars are currently locked up in the now-defunct crypto exchange. On top of that, FTX was such a big player that the contagion spread to other crypto players, including several trading powerhouses, popular DeFi protocols, and decentralized exchanges. Trust in the crypto ecosystem is at its lowest level. Investors are withdrawing funds from major centralized exchanges while the sales of cold wallets are up.

28.12 / 15:03

business Stablecoin defi Midas Investments close down amid $63M DeFi portfolio deficit

Custodial CeDeFi investment platform Midas will close down its operations because of a $63.3 million deficit in its decentralized finance (DeFi) portfolio.

26.12 / 19:23

Stablecoin Today in Crypto: BTC.com & BitKeep & Defrost Finance Hacked, North Korea Stole 1,000 NFTs, Japan to Lift a Stablecoin Ban

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

26.12 / 15:53

Stablecoin Tether Usd Coin foreign Japan to lift the ban on foreign stablecoins like USDT in 2023: Report

Japanese regulators are reconsidering some major cryptocurrency restrictions related to the use of stablecoins like Tether (USDT) or USD Coin (USDC).

22.12 / 19:07

Stablecoin coinbase Today in Crypto: Prepare for 'Pretty Long Crypto Winter', North Korea Stole $1.2B in Crypto in 5 Years, Malicious Hackers Returned $32.7M in 2022

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

22.12 / 14:05

Blockchain Stablecoin VISA Tether Usd Coin Stablecoin settlements can surpass all major card networks in 2023: Data

Stablecoins play a very critical role in the crypto economy today and despite the recent run-down in the broader market, stablecoin volumes continue to dominate most exchanges.

22.12 / 08:55

Blockchain Stablecoin Adoption Stablecoin Bill US senator Toomey introduces stablecoin bill as congressional session wraps up

Republican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term, has used one of his last few weeks in office to introduce a new stablecoin bill, aimed at creating a regulatory framework for “payment stablecoins.”

20.12 / 17:51

business Waves Stablecoin Dollar Waves founder announces new stablecoin as USDN depegs

Sasha Ivanov, founder and CEO of the Waves blockchain platform, is planning to launch a new stablecoin amid the ongoing crisis of the Waves-backed stablecoin, Neutrino USD (USDN).

20.12 / 02:05

Stablecoin regulation stablecoin regulation Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled

Staffers at the Bank of Canada released an analytic note on fiat-referenced crypto assets, otherwise known as stablecoins, Dec. 19. In addition to a review of mechanisms for creating and distributing stablecoins and a list of the potential risks and benefits they involve, the note expressed the authors’ support for further regulation of the crypto asset.

17.12 / 23:25

Stablecoin Adoption Tether Usd Coin Algorithmic stabilization is the key to effective crypto-finance

After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers.

17.12 / 19:29

Stablecoin Adoption regulation Central Bank Central Banks to set standards on banks’ crypto exposure - BIS

A global standard for banks' exposure to crypto assets has been endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS) of the Bank for International Settlements (BIS). The standard, which sets a limit of 2% on crypto reserves among banks, must be implemented on January 1, 2025, according to an official announcement on Dec. 16.

frequently asked questions about Stablecoin

What is Stablecoin and why is it important?

Stablecoin is a trending topic that draws public attention. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Stablecoin?

All new posts about Stablecoin can be found in the highlighted block. We publish information regularly.

How can I verify the accuracy of information on Stablecoin?

We consult with professionals to ensure that the information about Stablecoin is accurate and helpful for our readers.