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Nalezeno "Stablecoins": 2003

Tether user base hits 350M in 2024 following 24% surge

7.10.2024
The news comes amid the company’s 10-year anniversary celebration

WEF recommends ‘Sandbox-first approach’ for DeFi adoption

7.10.2024
The World Economic Forum has recommended using regulatory sandboxes to foster decentralized finance innovation while mitigating risks

Coinbase to Delist USDT & Other Stablecoins in Europe, Here’s Why

4.10.2024
Coinbase, a popular crypto exchange, plans to delist all stablecoins that don’t comply with new European Union regulations…

Coinbase to Delist Unauthorized Stablecoins in EU by December

4.10.2024
Tether, which is the largest issuer of stablecoins, has not managed to snag the necessary e-money license in the European Union

Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research

4.10.2024
Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices

Coinbase to delist noncompliant stablecoins under EU MiCA rules

4.10.2024
Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

4.10.2024
Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable...

Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn

3.10.2024
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key psychological level. Crypto Market Sell-Off Drives Traders...

Visa launches tokenized asset platform for digital asset management

3.10.2024
Visa announced its tokenized asset platform for issuing and managing digital assets, which includes stablecoins and CBDCs, to meet growing demand in the blockchain space

Tron Network posts record $577M revenue in Q3

3.10.2024
The Tron network has posted record quarterly revenue largely driven by increasing stablecoin activity and an effort to capture a slice of the growing memecoin market

Stablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis

2.10.2024
Nigeria and Ethiopia have both experienced local currency devaluation which has driven stablecoin adoption.

Bitwage CEO: Stablecoins Have Been a Lifesaver for Argentines

2.10.2024
Jonathan Chester, CEO of Bitwage, has detailed how the company has been serving Argentine remote workers who prefer collecting payments from employers abroad in stablecoins. Chester stated that 70% of its customers in the country use stablecoins, reinforcing that these have helped Argentines...

Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino

1.10.2024
Ardoino says there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure

Gemini’s exit from Canada: What’s driving crypto exchanges out?

1.10.2024
Gemini’s exit came just a few days after the Canadian Securities Administrators released an update to crypto trading firms about stablecoins

Open Interest in XRP Zooms to $1B as Ripple Tests RLUSD Stablecoin

1.10.2024
Recent activities include minting significant amounts of RLUSD, suggesting the testing phase might be wrapping up or moving into a more active phase of development

Why Stablecoins Fail: Lessons From the Past

29.9.2024
Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears. So, how does something designed to be ‘stable’...