USDR stablecoin depegs to $0.53, but team vows to provide solutions 12/10/2023 at 03:02 By Cointelegraph By Tom Blackstone Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions. This […]
USDR stablecoin depegs to $0.53, but team vows to provide solutions Read More »
Retail stablecoin trading in Hong Kong not allowed yet, official says 06/10/2023 at 14:03 By Cointelegraph By Helen Partz Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024. This article is an excerpt from Cointelegraph.com News View Original Source
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Dirham stablecoin DRAM hits Uniswap, developed by relaunched Distributed Technologies Research 03/10/2023 at 16:02 By Cointelegraph By Gareth Jenkinson Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency. This article is an excerpt from Cointelegraph.com News View Original Source
Tether treasury receives two $50M USDT lump sums from Bitfinex 02/10/2023 at 18:02 By Cointelegraph By Savannah Fortis Two transactions showed lump sums of $50 million in USDT transferred from Bitfinex to the Tether treasury only a few minutes apart. This article is an excerpt from Cointelegraph.com News View Original Source
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Paradigm accuses SEC of bypassing rules in Binance lawsuit 30/09/2023 at 10:02 By Cointelegraph By Amaka Nwaokocha Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process. This article is an excerpt from Cointelegraph.com News View Original Source
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US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’ 26/09/2023 at 21:04 By Cointelegraph By Tristan Greene The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings. This article is an excerpt from Cointelegraph.com News View Original Source
Stablecoin exodus: Why are investors fleeing crypto’s safe haven? 22/09/2023 at 17:02 By Cointelegraph By Francisco Rodrigues Stablecoins have seen a 17-month decline as investors move to traditional assets. What needs to happen for the exodus to stop? This article is an excerpt from Cointelegraph.com News View Original Source
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Binance plans to delist stablecoins in Europe citing MiCA compliance 21/09/2023 at 17:02 By Cointelegraph By Savannah Fortis A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA. This article is an excerpt from Cointelegraph.com News View
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Tether 2023 stablecoin loans rise despite size-down announcement in 2022 21/09/2023 at 13:02 By Cointelegraph By Prashant Jha Tether said the new loans were made on request of some of their long-standing partners and they plan to cut it down to zero by 2024. This article is an excerpt from Cointelegraph.com News View Original Source
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PayPal rolls out PYUSD stablecoin to Venmo users 20/09/2023 at 22:03 By Cointelegraph By Turner Wright The payments platform said PayPal USD will be “rolling out fully in the coming weeks” after announcing its launch on Venmo. This article is an excerpt from Cointelegraph.com News View Original Source
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Circle launches USDC stablecoin on Polkadot Asset Hub 19/09/2023 at 18:02 By Cointelegraph By Helen Partz Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned. This article is an excerpt from Cointelegraph.com News View Original Source
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Opera browser debuts stablecoin wallet MiniPay in Africa 13/09/2023 at 14:02 By Cointelegraph By Savannah Fortis Opera’s new in-browser, non-custodial wallet runs on the Celo blockchain and targets the platform’s user base in Africa for P2P stablecoin transactions. This article is an excerpt from Cointelegraph.com News View Original Source
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Fed Vice Chair Barr gives update on CBDC research, plugs stablecoin legislation 08/09/2023 at 23:02 By Cointelegraph By Derek Andersen Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event. This article is an excerpt from Cointelegraph.com News View Original Source
Fed Vice Chair Barr gives update on CBDC research, plugs stablecoin legislation Read More »
Palau to freeze USD-backed stablecoin after pilot launch in July 07/09/2023 at 13:04 By Cointelegraph By Helen Partz Palau’s USD-backed stablecoin build on XRP Ledger will be frozen on Sept. 15 as the government will be collecting feedback from users to shape the way ahead. This article is an excerpt from Cointelegraph.com News View Original
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Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity 07/09/2023 at 00:03 By Cointelegraph By Ray Salmond Bitcoin’s current price action leaves much to be desired, but multiple indicators point to what could be a generational buying opportunity for patient investors. This article is an excerpt from Cointelegraph.com News View Original Source
Australian lawmakers send back crypto bill by Andrew Bragg 04/09/2023 at 17:02 By Cointelegraph By Helen Partz Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it’s now been sent back for amendments. This article is an excerpt from Cointelegraph.com News View
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Binance pushes new stablecoin as it confirms plan to cease BUSD support 31/08/2023 at 12:04 By Cointelegraph By Jesse Coghlan Paxos has earlier said it will halt support of Binance’s stablecoin by February 2024, now the exchange has said it will also stop support by that time. This article is an excerpt from Cointelegraph.com News
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USDC will launch natively on Base network ‘next week’ — Jeremy Allaire 29/08/2023 at 23:02 By Cointelegraph By Tom Blackstone Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version. This article is an excerpt from Cointelegraph.com News View Original Source
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PayPal’s PYUSD struggles with early adoption — Nansen 25/08/2023 at 20:33 By Cointelegraph By Ana Paula Pereira PayPal’s stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses. Early adoption trends paint a different picture. This article is an excerpt from Cointelegraph.com News View Original Source
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Tether maintains $3.3B in liquidity cushion: USDT transparency report 25/08/2023 at 11:36 By Cointelegraph By Arijit Sarkar The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%. This article is an excerpt from Cointelegraph.com News View Original Source
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