Browsing Tag
Stablecoin
19 posts
State Street Explores Stablecoin Creation
State Street is reportedly in the process of developing its own stablecoin and deposit token. The company is…
Stablecoin Inflow of $250M Sparks Optimism for Solana ETF
On Wednesday, June 10, Circle, a stablecoin issuer, minted USDC worth $250 million on the Solana (SOL) blockchain.…
Stablecoin trading volume on centralized exchanges drops to seven-month low in June
In June, stablecoin trading volume on centralized crypto exchanges (CEX) hit a seven-month low, declining by 18% to…
Tether Partners with Turkey to Promote Cryptocurrency Freedom
Tether, the issuer of the USDT stablecoin, has teamed up with Turkish crypto platform BTguru to advance cryptocurrency…
Fed Governor highlights potential for USD-Pegged Stablecoins to reinforce dollar dominance
US Fed Governor Christopher Waller, previously critical of cryptocurrencies, now expresses optimism about dollar-pegged stablecoins. Addressing a conference…
MiCA and Stablecoins: Europe’s regulatory hurdles explained
The Markets in Crypto Assets Regulation (MiCA) is poised to reshape the European Union’s crypto landscape, with implications…
Money laundering unveiled: Bitrace report sheds light on Stablecoin challenges
Blockchain researcher Bitrace recently released a report, translated by Wu Blockchain, shedding light on potential money laundering activities…
Tether implements freeze on tokens for OFAC- sanctioned individuals
Tether (USDT), the entity behind the world’s largest stablecoin, has taken a decisive step by freezing wallets associated…
TrueUSD Stablecoin Faces Withdrawal Issues as U.S. Depository Freezes Funds
TrueUSD is a stablecoin built on the Ethereum blockchain (ERC20) that maintains a 1:1 peg with the US…
Crypto competence in Presidential race: Desantis vs. Ramaswamy battle for Bitcoin support
Bitcoin has captured the limelight after the United States presidential candidate Ron Desantis said that he will protect…