Stablecoin

France’s third-largest bank, Société Générale, launches euro pegged stablecoin

Euro, Europe, European Union, Stablecoin /

France’s third-largest bank, Société Générale, launches euro pegged stablecoin 06/12/2023 at 11:04 By Cointelegraph by Prashant Jha The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s wide customer base for trading use. This article is an excerpt from Cointelegraph.com News View Original Source React […]

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Crypto payments: PayPal’s stablecoin ripple effect on markets

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Crypto payments: PayPal’s stablecoin ripple effect on markets 05/12/2023 at 18:03 By Cointelegraph by Victoria Kennedy Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption? This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Tether moving into infrastructure, energy production, CEO Ardoino says

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Tether moving into infrastructure, energy production, CEO Ardoino says 02/12/2023 at 01:03 By Cointelegraph by Derek Andersen Tether will build renewable energy facilities in Uruguay and El Salvador, the new CEO told Cointelegraph. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Binance will end support for BUSD stablecoin in December

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Binance will end support for BUSD stablecoin in December 30/11/2023 at 01:03 By Cointelegraph By Turner Wright Many users’ Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Ethereum (ETH) price reclaims $2K as data shows a surge in network activity

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Ethereum (ETH) price reclaims $2K as data shows a surge in network activity 24/11/2023 at 02:02 By Cointelegraph By Marcel Pechman Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000. This article is an excerpt from Cointelegraph.com News View

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Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO

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Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO 23/11/2023 at 23:02 By Cointelegraph By Derek Andersen Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said. This article is an excerpt from Cointelegraph.com News View Original

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Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation

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Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation 23/11/2023 at 21:02 By Cointelegraph By Turner Wright Consensys’ senior counsel and director of global regulatory matters, Bill Hughes, spoke at the North American Blockchain Summit on crypto bills and their role in politics. This article is an excerpt from Cointelegraph.com News View Original

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New Zealand dollar stablecoin goes live through local crypto exchange

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New Zealand dollar stablecoin goes live through local crypto exchange 22/11/2023 at 06:03 By Cointelegraph By Derek Andersen Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership with an Australian blockchain development firm. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Tether’s bank partner Britannia sued over $1B deposit: Report

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Tether’s bank partner Britannia sued over $1B deposit: Report 21/11/2023 at 17:04 By Cointelegraph By Helen Partz Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether. This article is an excerpt from Cointelegraph.com News View Original

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Tether freezes $225M USDT linked to romance scammers amid DOJ investigation

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Tether freezes $225M USDT linked to romance scammers amid DOJ investigation 20/11/2023 at 19:02 By Cointelegraph By Turner Wright The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam. This article is an excerpt from Cointelegraph.com News View Original Source React to

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‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

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‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS 18/11/2023 at 02:01 By Cointelegraph By Derek Andersen The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Tether plans major expansion into BTC mining with $500M investment: Report

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Tether plans major expansion into BTC mining with $500M investment: Report 16/11/2023 at 22:03 By Cointelegraph By Derek Andersen Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push. This article is an excerpt from Cointelegraph.com News

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Paxos to issue USD stablecoin in Singapore, wins initial approval

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Paxos to issue USD stablecoin in Singapore, wins initial approval 16/11/2023 at 06:02 By Cointelegraph By Tom Mitchelhill The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Tether credits USDT growth surge to ETF excitement, emerging markets

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Tether credits USDT growth surge to ETF excitement, emerging markets 14/11/2023 at 17:02 By Cointelegraph By Helen Partz Tether USDT added at least $20 billion to its market capitalization in 2023, while rival stablecoin USDC lost the same amount so far this year. This article is an excerpt from Cointelegraph.com News View Original Source React

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Progmat stablecoin platform takes shape as wallet, liquidity providers join

Cryptocurrency Exchange, Japan, MUFG, Stablecoin, Wallet /

Progmat stablecoin platform takes shape as wallet, liquidity providers join 09/11/2023 at 00:02 By Cointelegraph By Derek Andersen Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Moody’s unveils service that uses AI to predict stablecoin depeggings

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Moody’s unveils service that uses AI to predict stablecoin depeggings 07/11/2023 at 04:02 By Cointelegraph By Derek Andersen Moody’s Analytics will use machine learning and a host of indicators to compile and analyze large-cap stablecoins and identify probable depeggings. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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UK stablecoin regulation begins to take shape in multiple FCA, BOE documents

Bank of England, Stablecoin, United Kingdom /

UK stablecoin regulation begins to take shape in multiple FCA, BOE documents 07/11/2023 at 00:03 By Cointelegraph By Derek Andersen It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Tether issues $610M debt financing to Bitcoin miner Northern Data

Bitcoin Mining, dollar, Stablecoin, tether /

Tether issues $610M debt financing to Bitcoin miner Northern Data 02/11/2023 at 13:02 By Cointelegraph By Helen Partz In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning

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Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning 01/11/2023 at 18:02 By Cointelegraph By Guest Author Two key BTC supply metrics show conflicting signals on whether a retracement will occur before the Bitcoin halving. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Circle to phase out consumer accounts, but business and Mint will remain

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Circle to phase out consumer accounts, but business and Mint will remain 31/10/2023 at 22:02 By Cointelegraph By Tom Blackstone Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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