Stablecoins continue to break into the mainstream due to their use in settling cross-border payments and in the process reached a new milestone in adjusted transaction volume in August. Stablecoins ha...
Tag: Stablecoin
Launching stablecoin without a license in Australia could be an offense soon, here’s why
Australian Liberal Senator Andrew Bragg has drafted a cryptocurrency bill targeting the regulation of stablecoins, crypto exchanges, and the Chinese digital yuan (e-CNY or e-Yuan). The proposed law, ...
Australian senator drafts bill aimed at stablecoin, digital yuan regulation
Australian Liberal Senator Andrew Bragg has released a new draft bill aimed at clamping down on digital asset exchanges, stablecoins, and China’s central bank digital currency, the e-Yuan. In a statem...
Compound’s Stablecoin Crypto Loans Attracts Bids: COMP Nears $55
Join Our Telegram channel to stay up to date on breaking news coverage Despite the ongoing slump in the cryptocurrency market, the Compound (COMP) coin has sustained its upward rally gaining nearly 6....
How Stablecoin Innovation Could Offer a Hedge Against Inflation
Industry insiders once touted Bitcoin as an inflationary hedge, but economic reality has called this logic into question. Can a stablecoin provide the solution that Bitcoin can not? Today Bitcoin is t...
Celsius Network Submits a Request To Sell Its Stablecoin Holdings Worth About $23M
A bankrupt crypto lending company, Celsius Network, reveals about its file request to sell its stablecoin holdings. All the documents related to the case were submitted to the United States Bankruptcy...
Celsius seeks court approval to sell $23M worth of stablecoin assets
Celsius Network is looking to sell $23 million worth of its stablecoin assets for U.S. dollars, according to a Sept. 15 filing. Three entities belonging to Celsius hold eleven different forms of stabl...
Celsius Files for Approval to Sell Stablecoin Stash to Fund Operations
In the latest development in the ongoing Celsius Chapter 11 bankruptcy case, the beleaguered platform has now sought approval to sell its reserve of stablecoins. In the request, Celsius leadership sta...
Old Mutual Wealth to Handle Cash Reserves of Rand-Backed Stablecoin ZARP
Financial Services Giant Old Mutual Wealth is appointed to control the reserved notes that back ZARP, the crypto stablecoin pinned to the worth of the South African Rand. The appointment of Old Mutual...
Russian Millionaires Planning To Launch Ruble Stablecoin Following DAI Algorithm
Alexander Lebedev and Sergey Mendeleev came together to launch Ruble-backed stablecoin on Ethereum Blockchain. Alexander Lebedev, the Ex owner of National Standard Bank and Publisher of the United Ki...
Old Mutual Wealth appointed to manage cash reserves of rand-backed stablecoin ZARP
ZARP appointed South African financial services group Old Mutual Wealth to manage the cash reserves of its stablecoin, which is pegged to the price of the South African rand(ZAR), in hopes of enhancin...
Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves – Emerging Markets Bitcoin News
One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the stablecoin are hopeful that t...
Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model
InDeFi, a Russian crypto startup founded by the former owner of Russia’s National Standard Bank, Alexander Lebedev, has announced plans to introduce a ruble-pegged stablecoin on the Ethereum blockchai...
Binance CEO Lauds EU Crypto Regulation, Takes Issue with Stablecoin Limitations
The CEO of Binance has stated that crypto regulation in the EU is great but must eliminate stablecoin restrictions. Binance CEO Changpeng Zhao believes that the European Union’s (EU) regulation patter...
Anchorage Digital Offers Japanese Yen Stablecoin Approved by New York’s DFS – crypto.news
On Tuesday, Anchorage Digital, a regulated crypto custody platform, said it is now offering a Japanese Yen Stablecoin (JPY). This adds to the company’s Euro and USD custodial offerings, which have var...
COTI’s New Partnership Will Allow Cardano Stablecoin Djed to Be Used as a Payment Method for NFTs
– Advertisement – COTI Announces New Partnership to Further Boost the Adoption of Cardano Stablecoin Djed. COTI, the official issuer of Cardano stablecoin Djed, has added yet another partn...
Anchorage Digital offers Japanese Yen Stablecoin
The Japanese yen Stablecoin is in collaboration with GMO-Z.com. Anchorage digital will now be supporting GYEN. Anchorage Digital, a digital asset platform and infrastructure provider, is now backing G...
Tether USDT Stablecoin Went Live on Near Protocol to Extend DeFi Presence
Tether was officially listed on Near Protocol on Monday,12th September. Tether is live on approximately eleven other protocols. Tether operation Limited, a prominent stablecoin issuer, constantly ex...
Crypto Custody Specialist Anchorage Digital Offers Japanese Yen Stablecoin
Stablecoins such as USDT and USDC have become cornerstones of crypto and the catalysts for new trading paradigms such as decentralized finance (DeFi). But non-crypto natives are now realizing the wide...
Tether USDT stablecoin goes live on Near Protocol to boost DeFi presence
Major stablecoin issuer Tether Operations Limited continues expanding integrations with diverse blockchain networks, launching the Tether (USDT) stablecoin on the Near Network. Tether USDT is now live...
Tether Launches USDT Stablecoin on Near Network to Unlock New DeFi Products
Tether Operations Limited, the company behind USDT stablecoin, announced on Monday that it has launched Tether (USDT) stablecoin on the Near Network, a proof of stake (PoS) blockchain, as part of effo...
Tether Releases USDT Stablecoin on Near Protocol
Tether USDT is now accessible on the 11th blockchain, the Near Protocol. When it first appeared in 2014, Tether was created on the Bitcoin (BTC) blockchain. Tether (USDT) has been released on the Near...
Tether’s USDT stablecoin launches on Near blockchain
Tether has launched its USDT stablecoin on Near, a Layer 1 proof-of-stake blockchain that promotes its usability and scalability. Near is the 13th blockchain to host USDT, after Ethereum, Solana, Aval...