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Nalezeno "stablecoin": 3929

Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada

27.10.2023
According to customer emails, the changes will go into effect starting Nov. 30

Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation

27.10.2023
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE

Binance’s Stablecoin BUSD Market Capitalization Slides 90% from Peak – Will it Affect Binance Exchange?

26.10.2023
Binance USD (BUSD) , the stablecoin issued by Paxos for crypto exchange Binance, has seen a decline in market capitalization of more than 90% from its peak last year. According to CoinGecko data, BUSD’s market cap has plummeted from an all-time high of $23.5 billion, recorded on November...

USDC Issuer Circle Collaborates with Taiwanese Firms to Bring Loyalty Points to Crypto Services

26.10.2023
Global fintech firm Circle, which issues dollar-pegged USDC stablecoin, will soon offer loyalty points to stablecoin conversion service in Taiwan. Circle has collaborated with two Taiwanese firms – crypto exchange BitoGroup and convenience store chain Taiwan FamilyMart – to launch...

PYUSD Supply Skyrockets by 49%, Marking a Shift in Distribution as New Holders Emerge

25.10.2023
According to current metrics, Paypal’s stablecoin PYUSD has increased its supply by more than 49% since the end of September, rising from 94.39 million to 140.86 million. Moreover, the number of PYUSD holders has risen by 55% since September 30, 2023. Concentration, however, is still evident...

North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports

25.10.2023
North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based services. The region’s share in decentralized finance...

Despite U.S. House Gridlock, Senator Gillibrand Bullish on Stablecoin Bill, Illicit Finance Legislation

24.10.2023
Even as the U.S. House of Representatives is paralyzed by a Republican leadership drama, U.S. Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) are still pressing to get crypto legislative through

Tether's USDT Stablecoin Supply Crosses $84 Billion Mark Amid Market Rally

24.10.2023
Tether’s stablecoin USDT reached a milestone on October 21 by surpassing the $84 billion supply mark. Data from Messari indicates a week-on-week increase of about $1 billion, coinciding with the current market rally--spurred by optimistic sentiment over the possible approval of a Bitcoin spot...

Stablecoins Surpass Mastercard and PayPal in Transaction Volume While U.S. Fails to Maintain Leadership

24.10.2023
In 2022 stablecoins have eclipsed both Mastercard and PayPal in transaction volume, reaching an impressive sum of nearly $6.87 trillion last year. Despite their critical role in the crypto economy, however, the United States is falling behind in stablecoin policy and global...

Stablecoin market escaping US regulatory oversight: Chainalysis

24.10.2023
Stablecoin activity has been increasingly occurring through entities that aren’t licensed in the United States, according to Chainalysis

Standard Chartered, Deutsche Complete First Stablecoin Swaps on UDPN Blockchain

24.10.2023
SC Ventures, Standard Chartered Bank’s VC arm, and German banking giant Deutsche Bank have executed the first stablecoin swaps on the Universal Digital Payments Network (UDPN), per a report published Monday. UDPN is a blockchain-based messaging system supporting government-regulated digital...

The U.S. Risks Its Position as a Stablecoin Leader

23.10.2023
USD stablecoin transactions are rising fast, but most of the growth is happening outside of the United States, says Jason Somensatto, Head of North America Policy at Chainalysis

Tether's Paolo Ardoino Reveals Plans for Real-Time Reserve Data Reporting – Will Transparency Lead to a New Bull Market?

23.10.2023
Tether Holdings, the issuer of the world's largest stablecoin Tether (USDT), has announced plans to provide real-time updates of its reserve data. Paolo Ardoino, Tether's chief technical officer and upcoming CEO, revealed that the company intends to start publishing reserve data in real time...

Tether Will Publish Reserve Data in Real Time in 2024: Report

20.10.2023
Stablecoin issuer Tether will publish real time data on the reserves backing USDT, the industry's largest dollar-pegged stablecoin, according to a Bloomberg report

U.S. Risks Unleashing Second 'Eurodollar' Market if It Dallies on Stablecoin Regulation

19.10.2023

Binance US Ends FDIC Insurance for Crypto Holdings, Citing Updated Terms of Service

18.10.2023
The US Branch of the world's largest crypto exchange, Binance US, recently communicated to its users that their cryptocurrency deposits are no longer covered by Federal Deposit Insurance Corporation (FDIC) insurance. In an email sent to its customers on October 16, Binance US announced updates...