Stablecoin

January 16, 2024

Tether responds to UN report about ‘illicit activity’ of USDT

Tether, a major player in the stablecoin market, has responded to a United Nations (UN) report that implicated its USDT stablecoin in illegal activities. On January […]

Circle CEO sees ‘very good chance’ of stablecoin laws this year: Report

Jeremy Allaire, CEO of Circle, expressed optimism about the United States enacting a long-awaited stablecoin law in 2023.   “There seems to be a strong push […]
December 22, 2023

Paxos gets NY green light to join Solana blockchain: Report

The New York Department of Financial Services (DFS) has approved Paxos’ expansion to the Solana blockchain.   Paxos, a stablecoin issuer, has recently gained approval from […]
October 27, 2023

Circle launches ‘points-to-crypto’ program with Taiwan convenience store chain

The partnership will allow FamilyMart customers to exchange their loyalty points for the Circle-issued USDC.   Circle, a U.S.-based stablecoin issuer, is collaborating with Taiwan’s second-largest […]
October 06, 2023

Canadian regulatory body clarifies stablecoin rules for exchanges and issuers

The umbrella organization for Canada’s securities regulators has set conditions for trading and issuing stablecoins.   Navigating the complex labyrinth of cryptocurrency regulation, the Canadian Securities […]
September 27, 2023

Circle launches native euro stablecoin on Stellar

The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche.   Circle, a stablecoin issuer, has introduced a Stellar-based iteration […]
September 25, 2023

Terra Classic community elects to cease USTC minting

The community strongly backs stopping TerraUSD Classic (USTC) minting and reminting in favor of burning tokens to restore its U.S. dollar peg.   The community of […]
September 22, 2023

Tether acquires stake in Bitcoin miner Northern Data, hinting at AI collaboration

The strategic investment into Northern Data through Tether group company Damoon may involve collaborations leveraging AI, P2P communications and data storage solutions.   Tether, the company […]
September 20, 2023

Circle launches USDC stablecoin on Polkadot Asset Hub

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.   USDC, the stablecoin second in market capitalization only to […]

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