Stablecoin

Polygon’s AggLayer adopts Agora’s AUSD as native currency

Polygon’s AggLayer adopts Agora’s AUSD as native currency 2024-11-11 at 16:04 By Cointelegraph by Josh O'Sullivan AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Real-word asset tokens can stabilize DeFi — Market observers

Real-word asset tokens can stabilize DeFi — Market observers 2024-05-20 at 17:01 By Cointelegraph by Prashant Jha RWA tokenization has become the latest trend in crypto, and early use cases indicate that DeFi protocols are using it for stable collaterals, yield products and more. This article is an excerpt from Cointelegraph.com News View Original Source

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Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K

Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K 2024-05-17 at 21:01 By Cointelegraph by Zoltan Vardai Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Chinese police bust $1.9B USDT underground banking racket

Chinese police bust $1.9B USDT underground banking racket 2024-05-16 at 12:01 By Cointelegraph by Prashant Jha The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations. This article is an excerpt from Cointelegraph.com News View Original Source React

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Tether freezes $5.2 million in USDT linked to phishing scams

Tether freezes $5.2 million in USDT linked to phishing scams 2024-05-14 at 12:01 By Cointelegraph by Prashant Jha Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Philippines begins Peso-backed stablecoin sandbox testing

Philippines begins Peso-backed stablecoin sandbox testing 2024-05-13 at 12:01 By Cointelegraph by Arijit Sarkar The test aims to evaluate the PHPC stablecoin’s real-world performance, its impact on the local fiat ecosystem, and its potential uses, including payments, trading and DeFi applications. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Tether scales crypto payments in Eastern Europe with new investment

Tether scales crypto payments in Eastern Europe with new investment 2024-05-08 at 18:01 By Cointelegraph by Helen Partz The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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EU crypto regulations undermined by lack of enforcement, say observers

EU crypto regulations undermined by lack of enforcement, say observers 2024-05-07 at 19:01 By Cointelegraph by Robert D. Knight The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance 2024-05-03 at 17:09 By Cointelegraph by Daniel Ramirez-Escudero Tether’s USDT hegemony in the stablecoin market may shift as institutional investors chip into the crypto market. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?

Binance ties SAFU fund to USDC: Is the fund missing out on potential gains? 2024-05-02 at 17:01 By Cointelegraph by Daniel Ramirez-Escudero Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Circle’s USDC overtakes Tether’s USDT in stablecoin transactions — Visa

Circle’s USDC overtakes Tether’s USDT in stablecoin transactions — Visa 2024-04-29 at 17:01 By Cointelegraph by Zoltan Vardai Despite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Stripe bringing back crypto payments, this time with a stablecoin

Stripe bringing back crypto payments, this time with a stablecoin 2024-04-26 at 00:01 By Cointelegraph by Derek Andersen Stripe customers will be able to pay with USDC beginning this summer, president Jack Collison said, after the company canned BTC payments in 2018. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Visa provides stablecoin analytics dashboard with ‘noise’ filtered out

Visa provides stablecoin analytics dashboard with ‘noise’ filtered out 2024-04-25 at 21:01 By Cointelegraph by Derek Andersen The financial services giant wants to make data about stablecoin usage clear and accessible, which requires some processing. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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House committee ranking member says a stablecoin bill could be coming soon

House committee ranking member says a stablecoin bill could be coming soon 2024-04-25 at 20:01 By Cointelegraph by Turner Wright House Financial Services Committee Ranking Member Maxine Waters said a stablecoin bill “in the short run” was coming amid negotiations with Republican lawmakers and the Senate. This article is an excerpt from Cointelegraph.com News View

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Turkey tops the world in stablecoin buying share vs. GDP

Turkey tops the world in stablecoin buying share vs. GDP 2024-04-25 at 16:02 By Cointelegraph by Helen Partz Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Stablecoin, retail CBDC sandboxes are on South African payments roadmap

Stablecoin, retail CBDC sandboxes are on South African payments roadmap 2024-04-22 at 22:03 By Cointelegraph by Derek Andersen The South African Reserve Bank has declared goals for 2025 that it needs to pick up speed on. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Crypto advocacy group claims stablecoin bill would ‘violate free speech rights’

Crypto advocacy group claims stablecoin bill would ‘violate free speech rights’ 2024-04-19 at 22:01 By Cointelegraph by Turner Wright Coin Center argued that banning algorithmic stablecoins in the United States would present constitutional challenges, as it essentially targeted code. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Tether USDT stablecoin goes live on TON blockchain

Tether USDT stablecoin goes live on TON blockchain 2024-04-19 at 15:02 By Cointelegraph by Helen Partz Tether and Telegram’s Web3 ecosystem are coming closer together with USDT and XAUT launch on the TON blockchain. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Pricing aggregators caused Pax Dollar to depeg

Pricing aggregators caused Pax Dollar to depeg 2024-04-18 at 14:01 By Cointelegraph by Zoltan Vardai Despite potential price fluctuations on different trading venues, USDP will always remain redeemable for $1 on Paxos, a spokesperson told Cointelegraph. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Tether announces restructuring to go beyond stablecoins

Tether announces restructuring to go beyond stablecoins 2024-04-18 at 14:01 By Cointelegraph by Helen Partz With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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