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Tether to Perform $2 Billion USDT Chain Swap to Ethereum
7.11.2024
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between...
Avalanche buys back $53M in AVAX tokens from Terra’s LFG
7.11.2024
The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.
Avalanche buys back $53M of AVAX tokens from Terra’s LFG
7.11.2024
The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDt volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start
5.11.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how the Central Bank of Brazil has proposed a tax on the use of stablecoins for making remittances and how this might drive retail users away...
Paxos & Other Crypto Giants Launch Global Dollar(USDG) to Boost Stablecoin Use
5.11.2024
Today, a group of crypto leaders unveiled the Global Dollar Network, an open network designed to boost global…
Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
5.11.2024
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
4.11.2024
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei
Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances
4.11.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting El Salvador,’ Brazil mulls taxing stablecoin remittances...
Stablecoin supply alone won't pump Bitcoin markets — Ki Young Ju
2.11.2024
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.
Stablecoin supply alone won't pump Bitcoin markets — Ki Young Ju
2.11.2024
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.
Stablecoin supply alone won’t pump Bitcoin markets — Ki Young Ju
2.11.2024
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.
Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?
2.11.2024
According to the latest data, the stablecoin economy now holds a value of $172.892 billion, with October adding $555 million to the fiat-pegged token market. Stablecoin Market Continues to Climb Last month saw stablecoins grow modestly, with the market inching up 0.32% from $172.337 billion...
Thailand Arrests Police Officers Accused of Staging Fake Interrogation to Extort 165,000 USDT
2.11.2024
Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one civilian after a Chinese-Vanuatu citizen filed...
Tether to launch dirham-pegged stablecoin on TON
1.11.2024
Tether’s senior strategic partnership manager, Alessandro Giori, said that TON is the fastest blockchain to reach 1 billion USDT since its launch
Paxos launches USD-backed USDG stablecoin with DBS Bank
1.11.2024
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework
Brazilian Central Bank Considers Taxing Stablecoin Remittances
31.10.2024
The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto exchanges that provide these services. Central Bank of Brazil Explores Tax on Stablecoin-Based...
Stablecoins boosting demand for US T-bills: Treasury Dept
30.10.2024
The United States Treasury Department is taking an interest in stablecoins and tokenization
Gemini – Crypto, Covered
30.10.2024
In the rapidly evolving world of cryptocurrency, security and reliability are paramount. Gemini, a leading cryptocurrency exchange, offers a secure way to buy, sell, store, and convert crypto. Millions of users trust Gemini to diversify their portfolios and navigate the complexities of the digital...