Stablecoin Financial News

20.10 / 14:31

business Stablecoin regulation Tether Fiat Money Dollar Reserve Time 2024 Tether to publish reserve reports in real time in 2024: Bloomberg

Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing its reserve data reports.

19.10 / 12:40

business Stablecoin Adoption Lightning Network lightning Bitcoin Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin

Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued on the Bitcoin and Lightning Network.

17.10 / 22:21

Stablecoin SEC Dollar USD Binance US Binance US Ends FDIC Insurance for Crypto Holdings, Citing Updated Terms of Service

The US Branch of the world's largest crypto exchange, Binance US, recently communicated to its users that their cryptocurrency deposits are no longer covered by Federal Deposit Insurance Corporation (FDIC) insurance.

17.10 / 18:59

Stablecoin CBDC regulation Federal Reserve Digital Dollar Dollar Fed governor Bowman doubles down on CBDC skepticism, likes stablecoin no better

Federal Reserve Board governor Michelle Bowman shared her views on financial innovation in a speech at Harvard Law School on Oct. 17. Bowman has spoken several times on the topic, and her position seems to be growing more bearish.

17.10 / 14:23

Stablecoin Binance regulation Bitcoin Dollar Withdrawals Binance US asks users to convert USD into stablecoins for withdrawals

Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in the U.S. dollar are no longer supported on the platform.

17.10 / 10:43

Stablecoin NFT defi regulation Bank of Canada Canada central bank assesses innovations and challenges of DeFi

The Bank of Canada published a staff note on decentralized finance (DeFi) on Oct. 17, assessing the innovations that made it popular and the challenges and risks associated with its use.

17.10 / 07:27

business Stablecoin Trading Altcoin data KYC user data TrueCoin’s third-party vendor breach potentially leaks TUSD user data

Stablecoin TrueUSD (TUSD) announced a potential leak of certain Know Your Customer (KYC) and transaction history data as one of TrueCoin’s third-party vendors got compromised.

13.10 / 12:09

business Stablecoin Adoption Tether Fiat Money Dollar Tether stablecoin firm appoints CTO Paolo Ardoino as CEO

Tether, the issuer of the world’s largest stablecoin by market capitalization, is replacing its CEO as the company works to expand its areas of focus.

13.10 / 10:41

event Blockchain Stablecoin CBDC FIS How CBDCs and stablecoins can coexist: FIS panel discussion

At the recent Future Innovation Summit event held in Dubai, Cointelegraph moderated a panel titled “Stablecoins, Central Bank Digital Currencies and Cross-Border Payments” to explore if CBDCs and stablecoins can coexist and how this would be possible.

13.10 / 08:03

Stablecoin regulation Trading Court Terra Terraform Labs contends Citadel Securities had a hand in its stablecoin collapse

Do Kwon-founded Terraform Labs has again pointed the finger at market maker Citadel Securities for its role in an alleged “concerted, intentional effort” to cause the depeg of its TerraUSD (UST) stablecoin in 2022.

12.10 / 16:51

Stablecoin Binance Mining USDT Gaming Bitcoin safe Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe 3, COZ and AxLabs' ITEM Systems Focuses on Non-fungible Items (NFIs)

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

12.10 / 09:15

Stablecoin Adoption Bank of Japan 2024 Japanese yen-backed digital currency, DCJPY, to go live in July 2024

On Oct. 12, digital currency and electronic payments firm DeCurret Holdings published a white paper on its cryptocurrency project, the “DCJPY.“ The organization intends to launch the coin in July 2024.

12.10 / 00:39

Ethereum Stablecoin defi USDR stablecoin depegs to $0.53, but team vows to provide solutions

Real estate-backed stablecoin USDR lost its peg to the U.S. dollar after a rush of redemptions caused a draining of liquid assets such as Dai (DAI) from its treasury, its project team has revealed.

06.10 / 10:53

Government Stablecoin regulation Bitcoin NOT Retail stablecoin trading in Hong Kong not allowed yet, official says

As Hong Kong progresses with the adoption of cryptocurrency trading for individual investors, a local official stressed that retail stablecoin trading is not yet allowed.

06.10 / 06:41

Stablecoin regulation regulatory Canadian regulatory body clarifies stablecoin rules for exchanges and issuers

The Canadian Securities Administrators (CSA) has provided guidance to exchanges and cryptocurrency issuers on its interim approach to what it calls value-referenced crypto assets, with a particular focus on stablecoins.

03.10 / 16:11

business Blockchain Stablecoin Binance Binance to shut down BUSD lending by October 25

Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25.

03.10 / 14:15

Blockchain Stablecoin Adoption defi UAE dirham stablecoin DRAM launches on Uniswap, PancakeSwap

A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked to the United Arab Emirates’ native currency.

02.10 / 18:39

Stablecoin regulation Circle Despite Government Shutdown Worries, Stablecoin Legislation Pushed by McHenry

The US House of Representatives’ Financial Services Committee Chair Patrick McHenry on Friday reaffirmed his commitment to regulating stablecoins, despite a potential government shutdown looming at the time.

02.10 / 15:09

Stablecoin defi Tether Bitfinex Tether treasury receives two $50M USDT lump sums from Bitfinex

Two 50 million Tether (USDT) transactions have been transferred from Bitfinex to the “Tether Treasury” address, according to transfer receipts from Whale Alert.

30.09 / 08:11

Blockchain Law Stablecoin Binance regulation SEC Paradigm accuses SEC of bypassing rules in Binance lawsuit

Venture capital firm Paradigm has criticized the United States Securities and Exchange Commission (SEC) for bypassing the standard rulemaking procedures in its current legal action against the cryptocurrency exchange Binance.

29.09 / 07:31

Stablecoin Binance SEC Circle NOT Circle Files Amicus Brief in SEC's Binance Lawsuit, Says Stablecoins Are Not Securities

Stablecoin issuer Circle has stepped into the legal battle between the Securities and Exchange Commission (SEC) and major crypto exchange Binance.

Stablecoin Financial News

popular questions about Stablecoin

What is Stablecoin and why is it gaining attention?

Where can I find the latest updates on Stablecoin?

How can I verify the accuracy of information on Stablecoin?