Tag: stablecoins
All news related to cryptocurrencies pegged to other assets, such as the US dollar.
dTRINITY Launches Subsidized Stablecoin Lending Protocol on Fraxtal L2
Reading Time: 3 minutesSingapore, Singapore, 18th December 2024, Chainwire
Stripe and Remote Enable USDC Payments
Reading Time: < 1 minuteRemote, a global payroll provider, has announced that it will now enable US-based companies using its services to pay contractors in 69 countries using USD Coin.
Flipster and OverProtocol Announce Partnership with $200,000 USDT Giveaway
Reading Time: 2 minutesWarsaw, Poland, 17th December 2024, Chainwire
Circle and Binance Join Forces to Drive Global USDC Adoption
Reading Time: < 1 minuteTwo leaders in the crypto industry, Circle Internet Group Inc. and Binance, have formed a new partnership to promote the use of USDC and support the growth of the global digital assets and financial services ecosystem.
FSOC Says Stablecoins Must Be Regulated
Reading Time: < 1 minuteThe US Financial Services Oversight Council has urged the government to create regulations for the issuance of stablecoins, citing potential risks to the financial system.
usdx.money Secures $45m New Financing at $275m Valuation
Reading Time: < 1 minuteHong Kong, Hong Kong, 2nd December 2024, Chainwire
Tether Ends Support for Stablecoin EURt
Reading Time: < 1 minuteTether has announced that it will no longer support its euro-pegged stablecoin, EURt. Users are being asked to redeem their EURt holdings within a year.
Tether Mints 2 Billion USDT on Ethereum’s Blockchain
Reading Time: < 1 minuteTether, the issuer of a popular stablecoin, has recently created a significant amount of USDT on the Ethereum network.
USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products
Reading Time: 4 minutesPalo Alto, California, 21st November 2024, Chainwire
First Digital’s FDUSD Stablecoin is Officially Live on Sui
Reading Time: 2 minutesGrand Cayman, Cayman Islands, 20th November 2024, Chainwire
Virtual Assets Lab (VAL.com) Announces Next-Generation Stablecoin Management and Wallet Platform
Reading Time: 3 minutesZug, Switzerland, 11th November 2024, Chainwire
Robinhood and Kraken Launch a New Global Stablecoin
Reading Time: < 1 minuteAccording to a press release by Paxos, leading fintech and digital asset companies have come together to launch the Global Dollar Network.
Tether Proposes to Launch Boron-backed Tokens to Turkey
Reading Time: < 1 minuteTether has suggested to the Turkish government the creation of tokens that represent borate minerals.
Stripe Purchases Stablecoin Platform Bridge
Reading Time: < 1 minuteIn a new deal, Stripe has purchased stablecoin platform Bridge for $1.1 billion, making it their largest acquisition to date.
Stripe Plans to Purchase Stablecoin Platform Bridge
Reading Time: < 1 minuteStripe, a prominent payment processor, is reportedly in advanced negotiations to acquire the stablecoin money transfer company Bridge, backed by Sequoia.
Thailand Bank Launches a Stablecoin Service for International Payments
Reading Time: < 1 minuteThe Siam Commercial Bank (SCB), a leading Thai financial institution, has introduced stablecoin-based cross-border payment services for its clients.
Paxos Rolls Out a New Stablecoin Payment Platform
Reading Time: < 1 minutePaxos, the company behind the Pax Dollar stablecoin, is striving to advance the use of stablecoins in the payments industry by introducing a high-quality infrastructure.
Tether May Lend to Commodities Trading Firms
Reading Time: < 1 minuteTether Holdings Ltd is planning to lend to commodities trading companies to utilize their billions of dollars in profits.
Leading Stablecoin Issuers & Crypto Firms Embrace International Set Of Stablecoin Standards
Reading Time: 3 minutesLondon, United Kingdom, 9th October 2024, Chainwire
PayPal Completes First Business Transaction with its Stablecoin
Reading Time: < 1 minutePayPal recently completed its first commercial transaction using its US dollar-pegged stablecoin as a demonstration of its ease of use for business payments.
MoonPay Adds Support for PayPal’s Stablecoin
Reading Time: < 1 minuteMoonPay has recently added support for PayPal USD (PYUSD), a dollar-denominated stablecoin issued by Paxos Trust Company, to its list of supported cryptocurrencies.
Robinhood and Revolut Considering Launch of its Own Stablecoin
Reading Time: < 1 minuteFintech giants Robinhood and Revolut are considering launching a stablecoin.
TrustToken and TrueCoin Settle Charges with SEC
Reading Time: < 1 minuteThe SEC has announced that they have reached a settlement with crypto companies Trusttoken Inc. and Truecoin LLC regarding charges of fraudulent misrepresentations and unregistered sales related to the stablecoin trueusd (TUSD).
Revolut Plans to Issue its Own Stablecoin
Reading Time: < 1 minuteFintech company Revolut plans to launch its own stablecoin.
Circle Launches USDC on Sui Network
Reading Time: < 1 minuteThe CEO of USDC issuer Circle, Jeremy Allaire, has announced that USD Coin (USDC) will soon be available on the layer-1 (L1) blockchain Sui network.