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Stay tuned for stablecoin news. Discover expert analysis, market trends, and stablecoin updates. Stay informed about stablecoins’ market performance, industry implications, and regulatory developments. Join the crypto revolution and stay ahead with our comprehensive coverage. Read the news below.
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News
Today’s edition of the weekly recap: MicroStrategy buys 12,000 additional Bitcoin; the SEC closes its probe on Ethereum ETH; and stablecoins take center stage.
Features
Markets in Crypto-Assets (MiCA) regulation is about to be implemented, and digital asset exchanges are preparing to comply. The new law’s requirements aim to protect investors, prevent financial crime, and ensure transparency. How are crypto exchanges reconsidering the options for…
News
Over 40% of all crypto trades in Latin America involve the USDT stablecoin, signaling a waning interest in Bitcoin, which is even trailing XRP in the region’s top trading pairs. Stablecoins are more popular in Latin America (LATAM) than Bitcoin…
Markets
Few platforms have faced as much skepticism as Solana. Critics often portray it as a centralized network plagued by frequent outages. However, such a narrative does not align with the actual data and progress witnessed within the Solana ecosystem. This…
Follow-up
An advertisement in Times Square in New York accused Tether of corruption and aiding illegal activities. Fox News journalist Eleanor Terrett twitted a photo of a massive billboard in the middle of Times Square. She noted that this action is…
News
Over the last four years, transfers of stablecoins have grown over 16 times, showing widespread adoption. Monthly stablecoin transfer volume hit a record high of $1.68 trillion in April, per Token Terminal. In October 2020, this volume was only at…
News
Transak has announced the listing of PayPal’s stablecoin, PayPal USD (PYUSD), on its platform. Transak users can now purchase PYUSD using their preferred local payment methods. This integration was a strategic move aiming to overcome the core challenge of wider…
News
The National Australia Bank has reportedly stopped developing its own stablecoin called AUDN just a year after it first disclosed such plans. The National Australia Bank (NAB), one of the four largest financial institutions in Australia, has quietly stopped working…
News
Cloud-based multi-asset platform Uphold has begun notifying some of its customers about its decision to suspend support for Tether’s USDT, and Gemini’s GUSD among other stablecoins. Multi-asset trading platform Uphold will cease support for a basket of stablecoins due to…
News
Stablecoin issuer Tether has announced the launch of a new asset class backed by Tether Gold in a bid to enhance value consistency and stability. Tether is expanding its list of stablecoins with a new asset class aimed at enhancing…
News
Paxos has reportedly laid off roughly 20% of its staff, with this decision communicated to the affected employees via email on Tuesday. Crypto publication The Block reported on Wednesday that Paxos co-founder and CEO Charles Cascarilla wrote to employees to…
News
Itaú Unibanco has opened crypto trading to all users of its Íon investment platform, allowing clients to buy and sell Bitcoin and Ethereum directly through the app. The largest financial institution in Latin America, Itaú Unibanco, has expanded access to…
News
A Chinese university student has received a prison sentence of over four years for what appears to be the first case of fraud involving crypto liquidity withdrawal in China. Yang Qichao, a college student, has been sentenced to 4.6 years…
News
Cross-border payments startup XREX has raised $18.75 million from Tether to expand use cases for USDT-based payments in emerging markets. XREX, a cross-border crypto exchange platform founded by Wayne Huang and Winston Hsiao, has raised nearly $19 million from Tether,…
News
Ripple CEO Brad Garlinghouse said there’s a massive shift in DC’s crypto perspective, and regulations could catalyze an inevitable stablecoin market boom.
Features
Fractured Latin America is turning its attention to cryptocurrencies. What is happening in these countries?
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Trump is in talks to speak at Bitcoin 2024 in July: report
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Crypto sees over $300 million in liquidations as Bitcoin, altcoins plummet
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Riot requisitions special meeting of Bitfarms, withdraws $950m acquisition proposal
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Elon Musk deep fakes scammed crypto users on YouTube over the weekend
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