Stablecoin

April 25, 2024

Banks could flood into stablecoins if new bill passes: S&P Global

A new bill introduced to the United States Senate, known as the Payment Stablecoin Act, could potentially encourage U.S. banks to enter the stablecoin market, according […]
April 22, 2024

Tether issued on TON blockchain at a ‘great start’ says CEO — now at $60M

Since its support for the blockchain on April 19, Tether has issued $60 million worth of USDT on The Open Network (TON), ranking it as the […]
April 18, 2024

Elizabeth Warren supports enhanced U.S. sanction options for stablecoins

Senator Elizabeth Warren recently addressed Treasury Secretary Janet Yellen in a letter, echoing her concerns voiced during Deputy Treasury Secretary Wally Adeyemo’s testimony before the Senate […]
April 17, 2024

Senate Banking Committee chair wants to combine stablecoin bill to boost chance of passage

Sherrod Brown, chair of the United States Senate Banking Committee, has unveiled intentions to push forward a significant stablecoin bill, coupling it with legislation related to […]
April 10, 2024

Circle launches USD Coin on Ethereum zkSync

Circle, the issuer of the popular stablecoin USD Coin (USDC), has announced its expanded support for USDC on the Ethereum zero-knowledge layer-2 solution zkSync. This move […]
April 08, 2024

PayPal stablecoin circulation dropped 38% in March – Paxos

In March, PayPal USD (PYUSD) — a stablecoin issued by PayPal and Paxos – experienced a significant drop in circulation, according to Paxos’ transparency report. PYUSD […]
April 05, 2024

Japan’s Sony Bank tests yen-backed stablecoin for gaming and sports IP payments

Japan’s Sony Bank, a division of Sony Group Corporation, has initiated experiments involving the issuance of its own stablecoin, pegged to fiat currencies like the Japanese […]
April 04, 2024

Ripple to launch US dollar stablecoin, aims to compete with USDT and USDC

Ripple, the issuer of XRP, has announced its intention to launch a U.S. dollar-backed stablecoin, aiming to compete with established players like Circle and Tether over […]
April 01, 2024

Tether completes ‘gold standard’ security audit

Tether has announced the successful completion of a System and Organization Controls 2 (SOC) audit, considered the highest level of security compliance, as developed by the […]

Get $200 Free Bitcoins every hour! No Deposit No Credit Card required. Sign Up