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Nalezeno "us stablecoin": 3827

Ethereum Classic launches first USD-backed stablecoin: Classic USD (USC)

15.5.2024
The Ethereum Classic proudly announces the launch of Classic USD, its premium stable coin denominated in American dollars. The recent announcement is a byproduct of the collaboration between Brale, a stablecoin issuer, and web3 developers at the Ethereum Classic system. The Classic USD stablecoin...

Stablecoin Issuer Circle Plans US Transition for Legal Operations, Leaving Ireland Base

15.5.2024
Stablecoin issuer Circle plans to relocate its legal base from the Republic of Ireland to the US. Bloomberg reported on Wednesday that the company recently filed court paperwork to re-domicile. The post Stablecoin Issuer Circle Plans US Transition for Legal Operations, Leaving Ireland Base appeared...

DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper

14.5.2024
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers

Tether freezes $5.2 million in USDT linked to phishing scams

14.5.2024
Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies

Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market

14.5.2024
Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week

Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’

14.5.2024
Tether CEO Paolo Ardoino has responded to remarks made by Ripple CEO Brad Garlinghouse, branding him as an “uninformed CEO” and accusing him of fostering uncertainty about stablecoin USDT amid a U.S. Securities and Exchange Commission (SEC) investigation into his company. In reply...

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

13.5.2024
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%

Philippines Central Bank Approves Trials for National Stablecoin Tied to Local Peso

13.5.2024
The Philippines central bank has given the green light for controlled trials of a national stablecoin that will be pegged 1:1 to the local peso. The post Philippines Central Bank Approves Trials for National Stablecoin Tied to Local Peso appeared first on Cryptonews

Philippines begins Peso-backed stablecoin sandbox testing

13.5.2024
The test aims to evaluate PHPC's real-world performance, its impact on the local fiat ecosystem, and its potential uses including payments, trading, and DeFi applications

It’s ‘clear’ the US government is going after Tether: Ripple CEO

13.5.2024
Brad Garlinghouse said he views Tether as an important part of the ecosystem and that its fate will be an "interesting one to watch."

Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances

13.5.2024
The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances. Crypto exchange Coins.ph, the stablecoin issuer, plans to attract 20,000 to 30,000 users in the first month....

US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns

12.5.2024
Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist...

Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin

11.5.2024
The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to provide an alternative to the network’s heavy reliance on Circle’s centralized stablecoin...

Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth

11.5.2024
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds...

Stablecoin Issuer Tether Hits Back Deutsche Bank’s Argument Over its Solvency

10.5.2024
Deutsche Bank criticized Tether stablecoin, questioning its solvency and its industry standard for crypto derivatives. The post Stablecoin Issuer Tether Hits Back Deutsche Bank’s Argument Over its Solvency appeared first on Cryptonews

Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency

10.5.2024
Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing...