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Nalezeno "stablecoin": 3929

Euro Stablecoin Startup StablR Secures €3.3 Million in Seed Funding


Source: IQoncept / Adobe StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed funding round. The investment comes from a consortium of backers, including crypto derivatives exchange Deribit and venture firms Maven...

ZEN USD (ZUSD) stablecoin launches on Horizen EON Network


Stably recently announced the launch of its ZEN USD stablecoin on the Horizen EON network. The integration will allow ZUSD to access massive scalability. Stably, an up-and-coming provider of financial technology is committed to fueling the growth of the Web3 community. That is why it...

Bank of England and UK’s FCA Propose Plans to Regulate Stablecoins


The UK’s central bank and the financial regulator have both proposed plans to regulate stablecoins in discussion papers, published Monday. The Bank of England (BoE) revealed that the regulatory measures focus on sterling-denominated stablecoins. This is because they have...

Analysts Observe Rising Stablecoin Supply, Indicating Capital Inflow


The total supply of stablecoins has surged in recent weeks, coinciding with a significant rally in the price of Bitcoin (BTC), on-chain data shows. The growth in stablecoin supply has followed an extended surge in the broader crypto market that started after a false report on October 16 said a spot...

Stablecoin Issuer Circle Terminates Consumer Account Support


Stablecoin issuer Circle is discontinuing support for consumer Circle Mint accounts. In a statement on its website, the company wrote, “Consumer-only Circle Mint accounts will no longer be supported and will be closed. No further action is required from the account holders in this...

PayPal Faces Regulatory Scrutiny as SEC Subpoenas PYUSD Stablecoin


The United States Securities and Exchange Commission (SEC) has issued a subpoena to global payment giant, PayPal over its newly launched stablecoin, PYUSD. On Nov 2, PayPal Holdings announced that it received a subpoena from the enforcement arm of the SEC tied to its U.S. dollar stablecoin...

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