Stablecoin Financial News

08.09 / 19:41

Stablecoin CBDC regulation Federal Reserve legislation vice chair Fed vice chair Barr gives update on CBDC research, plugs stablecoin legislation

The United States Federal Reserve Bank vice chairman spoke at the Philadelphia Fed’s fintech event on Sept. 8 about the central bank's role in financial innovation. Research and supervision was the short answer and a nod to the FedNow Service.

07.09 / 15:17

Ethereum Stablecoin Gaming G20 recommendations Crypto Policy Today in Crypto: 80 Massive Crypto Influencers Removed From Weibo, IMF and FSB Jointly Publish Crypto Policy Recommendations, DFINITY Foundation Partners with Lugano

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

07.09 / 10:27

Blockchain Stablecoin Adoption Ripple XRP Dollar Backed freeze Palau to freeze USD-backed stablecoin after pilot launch in July

Palau, a country in the western Pacific Ocean, is wrapping up its United States dollar stablecoin project after launching the pilot in August.

06.09 / 20:43

markets Stablecoin ETF SEC Bitcoin Bitcoin Price Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity

Bitcoin (BTC) price action suggests that the asset remains in a precarious position and a recent report from ARK Invest said that short-term Bitcoin investors had no choice but to capitulate in August as the percentage of Bitcoin supply in profit fell by 14 percentage points.

05.09 / 17:03

Ethereum Stablecoin Adoption defi coinbase layer2 BaSe USD Coin officially expands to Base and Optimism networks

Circle’s USD Coin (USDC) has launched natively on both Base and Optimism networks, allowing Circle account holders to send USDC stablecoin from their accounts to Base or Optimism. Coinbase has also made USDC transfers to Base available, according to a Sept. 5 social media post. Circle claimed that it is working with “ecosystem partners” to develop a system for users to swap old, bridged versions of USDC for the new, official versions.

05.09 / 14:07

Blockchain Stablecoin Tether's Ardoino says it's now one of top buyers of US Treasury bills, holds $72.5B

Stablecoin issuer Tether has become one of the top buyers of United States Treasury bills in the world, according to a post by Tether CTO Paolo Ardoino.

05.09 / 05:25

Stablecoin crypto regulation Singapore's New President Has a History of Disapproving Crypto

Singapore's newly elected president, Tharman Shanmugaratnam, had once called crypto “inherently purely speculative and slightly crazy”.

04.09 / 13:55

Government Law Stablecoin regulation Bitcoin lawmakers Australian Australian lawmakers send back crypto bill by Andrew Bragg

Australia’s Senate Committee on Economics Legislation has finally provided feedback to the cryptocurrency bill introduced by senator Andrew Bragg.

02.09 / 05:13

Blockchain Stablecoin defi solana MakerDAO Maker DAI MakerDAO co-founder proposes fork of Solana codebase for native chain

MakerDAO co-founder Rune Christensen has submitted a proposal to build the decentralized finance project’s upcoming native chain off of a fork of Solana’s codebase, and not the Ethereum Virtual Machine despite its long-running ties with Ethereum.

31.08 / 08:41

business Stablecoin Binance SEC Paxos Binance USD Support Binance pushes new stablecoin as it confirms plan to cease BUSD support

Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plans to wind down support for BUSD.

31.08 / 07:55

Stablecoin Binance regulation BUSD 2024 Support Binance to Drop Support for BUSD Stablecoin by 2024

Binance, the largest cryptocurrency exchanges in the world, has revealed intentions to delist eight Binance USD (BUSD) trading pairs as part of a broader plan to withdraw full support for the stablecoin by 2024.

29.08 / 23:17

business Stablecoin regulation Altcoin SEC Tether Banks Tether adds Bahamas-based private bank Britannia as partner: Report

Tether, the stablecoin issuer behind USDT, has reportedly added Britannia Bank & Trust, a private bank based in The Bahamas to process dollar transfers on its platform.

29.08 / 22:05

business Stablecoin Adoption Circle USDC stablecoin Circle launches USDC stablecoin on Mercado Pago in Chile

Fintech company Circle announced a partnership with Mercado Libre on Aug. 29 to bring the USD Coin stablecoin to Mercado Pago.

29.08 / 19:33

Ethereum Stablecoin defi coinbase Circle Usd Coin BaSe network week USDC will launch natively on Base network 'next week' — Jeremy Allaire

Circle’s United States dollar stablecoin, USDC, will launch natively on the Base network “next week,” according to an Aug. 29 social media post from CEO Jeremy Allaire. The new version will replace the current US Dollar Base Coin (USDbC) that most users rely on as a substitute.

29.08 / 10:13

Stablecoin regulation Federal Reserve Republican Trio Voices Concerns on Fed's Influence on Stablecoin Regulation

Three Republican lawmakers have lashed out at the Federal Reserve regarding its recent moves to strengthen oversight of banks' cryptocurrency and stablecoin activities.

29.08 / 04:49

Stablecoin Federal Reserve crypto regulation lawmakers Stablecoin Bill Republican Lawmakers Accuse Fed of Obstructing Advancements on Stablecoin Bill

A group of Republican lawmakers have expressed their concerns regarding the Federal Reserve's recent measures aimed at strengthening its oversight of crypto and stablecoin activities within banks.

25.08 / 18:39

UPS Stablecoin CEO track Latin network Polygon Network Polygon Network Embraces Colombian Peso Stablecoin nCOP – Crypto Adoption on the Rise?

A stablecoin pegged to the Colombian peso (COP) has gone live on the Polygon network, stablecoin issuer Num Finance announced on Thursday.

25.08 / 17:51

business Stablecoin Adoption PayPal PayPal's PYUSD struggles with early adoption — Nansen

PayPal recently released stablecoin PayPal USD (PYUSD) is facing challenges gaining traction, on-chain data reveal. According to findings from blockchain analytics firm Nansen, roughly 90% of PYUSD is currently held in stablecoin issuer Paxos Trust's wallets.

25.08 / 16:01

Stablecoin Tether USDT Market cap Backed Reserve reserves Tether Reserves Report: USDT Maintains Dominance With $86.1 Billion Total Assets, Over 100% Reserve-Backed

Stablecoin issuer Tether posts its total assets at $86.1 billion as it maintains its leading market share despite growing competition and uncertain regulatory conditions.

25.08 / 08:35

business Stablecoin Altcoin Tether Digital Dollar Dollar Tether maintains $3.3B in liquidity cushion: USDT transparency report

Stablecoin issuer Tether maintains a liquidity cushion of nearly $3.3 billion to provide stability to the Tether ecosystem and garner trust among shareholders.

24.08 / 22:43

Stablecoin Adoption Latin America Polygon Num Finance launches Colombian peso stablecoin on Polygon

Argentina-based Num Finance has announced it has gone live with a n stablecoin pegged to the Colombian peso, the company announced Aug. 24 in an X post.

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