Stablecoin Financial News

08.07 / 14:35

business Stablecoin coinbase Usd Coin USDC stablecoin EU-regulated firm Banking Circle adopts USDC stablecoin

Banking Circle, a European bank focused on cross-border payments, is adopting a major U.S. dollar-pegged stablecoin for payment rails.

08.07 / 12:09

Ethereum Stablecoin defi Aave Aave Summoning GHOsts With a New Native Stablecoin Proposal

Popular decentralized finance (DeFi) protocol Aave (AAVE) has proposed to the decentralized autonomous organization (DAO) the introduction of a native, decentralized, fully collateral-backed, USD-pegged stablecoin on the Ethereum (ETH) mainnet – dubbed GHO.

08.07 / 08:43

Blockchain Stablecoin defi lending Aave to launch overcollateralized stablecoin called GHO

Decentralized finance (DeFi) giant Aave has unveiled plans to launch an overcollateralized stablecoin called GHO, subject to the community DAO’s approval.

07.07 / 07:27

Government Blockchain Stablecoin Crypto owners banned from working on US Government crypto policies

US government officials who privately own cryptocurrencies are now banned from working on regulations and policies that could affect the value of digital assets.

07.07 / 05:19

Stablecoin Tether USDT Legal Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat

A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers.

06.07 / 18:29

business Blockchain Stablecoin Adoption Circle looks to reaffirm commitment to transparency as USDC market share soars

The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down. Voyager Digital announced its bankruptcyon Wednesday, becoming the second crypto lender to default following Three Arrows Capital.

06.07 / 16:11

Stablecoin Tether Court Salary payments in USDT stablecoin ruled as illegal in the Chinese court

Despite the Chinese government banning all kinds of cryptocurrency transactions last year, some firms apparently still use stablecoins like Tether (USDT) to pay their employees.

06.07 / 14:29

Stablecoin SEC Europe UK financial stability Financial regulatory Regulatory Scrutiny Increasing as Crypto Becomes Financial Stability Risk – Report

There has been a sharp increase in regulations targeting the crypto space, with regulatory bodies mainly in North America and Europe aiming for everything from non-fungible tokens (NFTs) to stablecoins and ordinary cryptocurrencies, found a global RegTech (regulatory technology) firm CUBE.

06.07 / 11:43

cryptocurrency Stablecoin Bitcoin Crypto lender Voyager Digital seeks bankruptcy protection

Crypto lending platform Voyager Digital has filed for Chapter 11 bankruptcy in New York, proposing a reorganisation plan days after it suspended trading, deposits and withdrawals.

05.07 / 14:13

Stablecoin Tether Usd Coin Dollar Tether USDT Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022

The growth of Circle's native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular.

04.07 / 18:05

Stablecoin Tether USDT USDC Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve

Circle, the US-based payments company that issues the stablecoin USD coin (USDC), has denied that it is facing any sort of difficulty in maintaining the coin’s US dollar peg. Meanwhile, the supply of tether (USDT) coins on one of the most used stablecoin liquidity pools remains elevated.

04.07 / 09:23

Stablecoin Tether Paxos USD stablecoin premiums surge in Argentina following economy minister's resignation

Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Economy Minister, Martin Guzman.

04.07 / 06:03

cryptocurrency Stablecoin Crypto Exchange Bitcoin Cryptocurrency Prices Today July 4: Bitcoin falls, Ripple gains 2% as crypto market shows mixed trend

Major cryptocurrencies traded flat early on July 4. The global crypto market-cap rose marginally by 0.60 percent to $871.80 billion over the last day. On the other hand, the total crypto market volume declined by 2.72 percent to $40.12 billion over the last 24 hours.

01.07 / 19:39

business Stablecoin Tether bonds Tether continues to reduce commercial paper in sharp reduction since March

Tether is reducing its commercial paper holdings on pace with plans, the stablecoin company reported Friday. It has reached the target sum of $8.4 billion in commercial paper, as per intentions first disclosed last month, and will continue to reduce its holdings in the immediate future.

01.07 / 12:17

cryptocurrency Stablecoin regulation 'More Work to Be Done' as EU Imposes Strict New Crypto Regulations

After the EU has reached an agreement on cryptoasset regulation that sets out strict rules for all actors in the crypto market, the crypto industry reminds itself that there's still "more work to be done."

01.07 / 05:39

Blockchain Law Stablecoin Bitcoin EU agrees on MiCA regulation to crack down on crypto and stablecoins

Officials from the European Union (EU) have agreed on a landmark law that will make life tougher for crypto issuers and service providers under a new single regulatory framework.

29.06 / 16:15

markets Stablecoin Pump and Dump week Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week

Terra's $40-billion experiment to create a functional "algorithmic stablecoin" project has failed drastically following its collapse in May.

28.06 / 15:51

Stablecoin MARKET Trading Tether Backed Tether is Fully Backed, Has ‘Never Failed a Redemption,’ CTO Tells Short Sellers

Hedge funds that are attempting to make money by shorting the stablecoin tether (USDT) believe in the anti-tether ‘FUD’ (fear, uncertainty, and doubt) that is being spread, despite efforts to increase transparency, Tether chief technology officer Paolo Ardoino has said.

27.06 / 20:37

markets Stablecoin Investments Trading Terra's LUNA2 skyrockets 70% in nine days despite persistent sell-off risks

The price of Terra (LUNA2) has recovered sharply nine days after falling to its historic lows of $1.62.

27.06 / 14:37

Stablecoin Adoption defi regulation Swiss National Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis

Swiss National Bank (SNB) deputy head Thomas Muser talked to Cointelegraph editor Aaron Wood and discussed the ongoing trends in central bank digital currencies (CBDCs), stablecoins, and regulations, during the recently concluded European Blockchain Convention (EBC) 2022.

27.06 / 13:27

Stablecoin regulation Bitcoin Fine China’s BSN chair calls Bitcoin Ponzi, stablecoins 'fine if regulated'

Amid the Chinese government continuing to celebrate the massive decline of cryptocurrency markets this year, one key local blockchain expert has referred to crypto as a “Ponzi scheme.”

Stablecoin Financial News

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