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Indian exchange WazirX follows Binance in delisting USDC
19.9.2022
Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October
Australian senator drafts bill aimed at stablecoin, digital yuan regulation
19.9.2022
Senator Andrew Bragg on Monday released a draft bill aimed at regulating crypto exchanges, stablecoins, and the digital yuan
Terra co-founder Do Kwon says he’s not ‘on the run’
19.9.2022
Kwon didn’t reveal his whereabouts in a series of Tweets responding to claims he fled Singapore after an arrest warrant was issued on Wednesday
Stablecoin Economy Growth Stagnates for 73 Days, USDC Market Cap Slides 5% Lower
18.9.2022
Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from ​​$171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion...
Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia
18.9.2022
Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from...
Global inflation mounts: How stablecoins are helping protect savings
16.9.2022
More people are using stablecoins to hedge against inflation, as they offer numerous benefits
Crypto Lending Compmany Celsius Files for Permission to Sell Its Stablecoin Holdings
16.9.2022
Celsius currently owns 11 forms of stablecoins totaling approximately $23 million, according to disclosures
Report: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves
15.9.2022
One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the country’s oldest financial services companies...
Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDC
14.9.2022
Accredited institutions can borrow USD OR USDC starting at 6% APR, according to the company
Russian Millionaire’s Startup Plans Ruble Stablecoin Following DAI Model
14.9.2022
Alexander Lebedev's crypto startup InDeFi plans to issue a ruble stablecoin based on the model used by MakerDAO's DAI
Crypto Custody Specialist Anchorage Digital Offers Japanese Yen Stablecoin
13.9.2022
The GYEN stablecoin is a partnership with GMO-Z.com Trust Company, a subsidiary of Japanese financial services and internet giant GMO Internet Group
Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks
12.9.2022
On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization. Tether...
Tether USDT stablecoin goes live on Near Protocol to boost DeFi presence
12.9.2022
Tether USDT is now live on 11 blockchain networks, including the NEAR Network, Polygon, Kusama, Ethereum, Omni and others
BofA Says Crypto Exchange Binance to Benefit From Increased Supply of Its own Stablecoin
9.9.2022
The automatic conversion of other stablecoins could increase BUSD supply by $908 million, the bank said
Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks
7.9.2022
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
7.9.2022
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change...
A Stablecoin Law May Not Happen This Year
7.9.2022
Hey folks. Monday was a federal holiday in the U.S. so we’re taking it easy today. Reporting from my colleague Jesse Hamilton suggests that stablecoin legislation we expected to see released this month may not be coming after all. Plus, a few other stories that caught my eye over the past week
Pre-Ethereum Merge Moves, Hope for Voyager Clients, Nexo Launches Crypto Exchange + More News
7.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Pre-Ethereum Merge Moves, Hope for Voyager Clients, Nexo Launches Crypto Exchange + More News
Russia Explores Stablecoins for Settlements With Friendly Nations
7.9.2022
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face...
DeFi Platform Curve Finance Takes First Steps Toward crvUSD Stablecoin
7.9.2022
Details on the actual usage of crvUSD are scanty at writing time, and Curve developers denied sharing more information about the tokens with CoinDesk