Search

Nalezeno "A$DC Stablecoin": 3827

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

6.3.2023
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since...

Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report

6.3.2023
Hong Kong-based crypto lender Babel Finance is planning on issuing a crypto-backed stablecoin in unison with a decentralized finance (DeFi) platform in an attempt to repay creditors following a $766 million loss last year

Here's how Binance is mitigating its stablecoin needs after BUSD ban

6.3.2023
The recent action from Binance comes in the wake of NYDFS ordering BUSD issuer Paxos to stop minting new BUSD

'Sorry for spreading a rumor', says podcaster on Lido's FUD

5.3.2023
David Hoffman apologized for spreading rumors about what he called a "Wells Notice Carpet Bombing" targeting crypto firms

Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ

3.3.2023
Tether, the company behind the world's largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says

Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting

3.3.2023
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

3.3.2023
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number...

Regulation and risk: Factors driving demand for a euro-backed stablecoin

3.3.2023
The world’s second most widely held reserve currency seems to be underrepresented in the stablecoin space

Binance USD market cap falls below $10B amid rising regulatory concerns

3.3.2023
As it stands today, BUSD's market cap has fallen by nearly $14 billion since its all-time high of $23.49 billion on Nov. 15, 2022

Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?

2.3.2023
Banks in Japan are starting a trial for issuing fully compliant stablecoins on an ultra-fast but largely centralized blockchain known as the Japan Open Chain. The bank trials will be the first experiment with stablecoins in Japan that is fully compliant with local laws, a press release sent out...

Today in Crypto: Trezor and The Sandbox Issue Security Warnings, Cronos Launches a New DEX, Three Japanese Banks Set to Test Stablecoins on Japan Open Chain

2.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________... Read More: Today in Crypto: Trezor and The Sandbox Issue Security Warnings, Cronos Launches a New DEX, Three Japanese Banks Set...

Three Japanese Banks Start Stablecoin Experiment

2.3.2023
Three Japanese banks, Kiraboshi Bank, Minna no Bank and The Shikoku Bank, are participating in an experiment that aims to implement a stablecoin system that meets legal requirements

Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report

2.3.2023
Crypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated crypto followed by bitcoin and the stablecoin tether, the blockchain intelligence firm said in a report....

Binance Can’t Keep Its Story Straight on Misplaced $1.8B USDC

1.3.2023
The FUD is coming from inside the building

Stablecoin Lender Liquity's Token Rises 35% on Binance Listing

28.2.2023
LQTY, the native token of stablecoin lender Liquidity, has risen by 35% after being listed on Binance's innovation zone

Exchange Stablecoin Wars Hot Up - Coinbase to Suspend BUSD Trading on March

28.2.2023
Coinbase has announced the suspension of Binance USD (BUSD) trading, saying that the stablecoin does not meet its listing standards. In a Monday announcement, the largest cryptocurrency exchange in the US said it will suspend trading for BUSD stablecoin starting March 13. The suspension affects...

Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown

28.2.2023
Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase...