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Nalezeno "A$DC Stablecoin": 3822

LatAm Embraces Wider Stablecoin Adoption: Circle Report

13.12.2023
Source: Getty Images Fintech firms in Latin America are rapidly embracing digital finance solutions, fueled by an increase in crypto adoption among citizens. In a recent report, USDC issuer Circle revealed that citizens of LatAm countries received $562 billion in digital currency value between 2021...

Cantor Fitzgerald’s CEO Says He’s A Big Fan of Bitcoin and Stablecoin Issuer Tether

13.12.2023
Image Source: Pixabay Howard Lutnick, the CEO of Cantor Fitzgerald says he is a fan of Bitcoin (BTC) citing the halving cycle and its decentralized nature as reasons behind the widespread popularity. Speaking at CNBC’s Money Mover podcast, the CEO commented on inflation, the reaction of the Feds...

Deutsche Bank’s DWS Group Teams Up with Galaxy Digital to Issue Euro Stablecoin

13.12.2023
Source: Adobe Stock Deutsche Bank’s DWS Group, along with Dutch market maker Flow Traders Ltd. and crypto fund manager Galaxy Digital Holdings Ltd., is set to establish a company named AllUnity with the aim of issuing a euro-denominated stablecoin. The initiative will be headquartered...

Stablecoin Tether Receives ‘Constrained’ Rating from S&P Global

13.12.2023
Source: AdobeStock American credit ratings firm S&P Global Inc. said it has started assessing the ability of Tether (USDT) to maintain its peg to the U.S. dollar marking it at a ‘constrained’ rating of 4. Stablecoins are a cryptocurrency whose value is usually pegged to a fiat currency...

Palau Declares First Phase of Stablecoin Pilot a Success

12.12.2023
The Republic of Palau has stated that the first phase of its limited stablecoin pilot was a success in a recently released report. The document also indicates that future phases of the project will focus on extending the reach of the stablecoin, with a high emphasis on compliance. Palau Reports...

Tether Freezes Tokens of Sanctioned Individuals Listed by OFAC

11.12.2023
Source: Pixabay Tether (USDT), the company behind the world’s largest stablecoin, has frozen the wallets of individuals sanctioned by the U.S. Office of Foreign Asset Controls (OFAC). In a recent announcement, the company said it aims to prevent potential misuse of its tokens and enhance...

Stablecoin Supply Turning Positive and Rising Protocol Fees Among Key Narratives in 2023 — Study

11.12.2023
During Q4 of 2023, the stablecoin supply available to invest in crypto assets was $3.8 billion. This is the first time the net supply of the top five stablecoins has turned positive in nearly two years. In 2023, zero-knowledge (ZK) technology became one of the most consistent talking points in...

Tether Implements New Stablecoin-Freezing Policy After Seizing Funds Tied to OFAC Sanctioned Entities

10.12.2023
Tether, a leading stablecoin company in the crypto industry, has announced a significant new initiative aimed at strengthening the security of the crypto asset ecosystem. The company announced this weekend that its recent move to voluntarily freeze tether-holding wallets linked to the Office...

El Salvador Partners Tether to Launch Freedom Visa On Bitcoin and USDT Investment

8.12.2023
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe El Salvador has announced a citizenship-by-investment scheme powered by Tether, the company behind stablecoin, USDT that allows people to acquire citizenship through Bitcoin (BTC) and USDT investments. The stablecoin issuer disclosed...

More Major South Korean Exchanges Begin Listing USDT

8.12.2023
Source: FellowNeko/Adobe Another leading South Korean crypto exchange has listed the US dollar-pegged stablecoin USDT as global trading volumes begin to climb. Per Kyunghyang Games, Bithumb – the second biggest exchange in the nation – launched support for the coin on December 7. The listing...

Russia’s Exved Launches Cross-Border Payment Service Powered By Tether’s USDT Stablecoin

7.12.2023
Source: Adobe Russian digital settlement exchange Exved has officially debuted with the goal of empowering local legal entities to conduct cross-border digital payment services using Tether’s USDT. Russia's Exved platform launches as one of the first cross-border payment solutions...

Tether’s Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets

7.12.2023
Tether, the leading stablecoin by market capitalization, has seen its supply increase by 5.5% in the last month, achieving a significant market valuation of $90 billion. Since 2015, Tether’s Market Cap Has Swelled by 35,912,812% Since the dawn of 2023, tether (USDT) has experienced...

Galaxy-Backed Gyroscope's 'All-Weather' Decentralized Stablecoin Goes Live on Ethereum Mainnet

7.12.2023
Gyroscope's GYD token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs

Residents of Swiss City of Lugano to Pay Taxes With Bitcoin

7.12.2023
Citizens of the Swiss city of Lugano can now settle their tax bills and other community fees with bitcoin and the stablecoin tether. By adding crypto to payment options, Lugano joins three other Swiss cities and cantons which already accept crypto payments. Accelerating the Use of Bitcoin The Swiss...

Binance Announces Compensation For Traders Who Bought AEUR Stablecoin During 200% Surge

6.12.2023
Source: Pixabay Binance will compensate users who bought the Euro-pegged AEUR stablecoin during a recent 200% surge, the company said. In a blog post published Wednesday, the company said it would create a compensation plan for users who bought the stablecoin after its value surged nearly 200%...

Societe Generale-Backed Euro Stablecoin EURCV Starts Trading on Bitstamp

6.12.2023
The listing marks the first time a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange

SocGen’s Own Stablecoin Set to Debut Trading on Bitstamp Exchange

6.12.2023
Source: AdobeStock / AUFORT Jérome French banking giant Societe Generale is listing its stablecoin, dubbed EUR CoinVertible, on the Luxembourg-based Bitstamp crypto exchange. EUR CoinVertible will be fully backed by Euros and issued on the Ethereum public blockchain, SocGen said in a release....