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Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months
6.3.2023
USDT’s market share among stablecoins surpassed 54% on Monday, the highest level since November 2021
Troubled Crypto Lender Babel Finance Eyes Restructuring with Stable Asset Project – How Does it Work?
6.3.2023
The troubled crypto lending firm Babel Finance is working on a new plan to raise money through a crypto-backed stablecoin.
The new stablecoin that is being proposed is called Babel Recovery Coin. The plan is for the coin to maintain a $1 price in the market through a system of trading incentives...
Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report
6.3.2023
The Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
6.3.2023
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model
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
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
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
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
Bitcoin bulls remain in charge even in the face of increasing regulatory FUD
27.2.2023
BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic
TrueUSD Becomes 5th-Largest Stablecoin as Binance Mints $130M TUSD in a Week
27.2.2023
Blockchain data shows exchange giant Binance has been relying increasingly on TUSD after regulators clamped down on its Binance USD stablecoin
Coinbase announces suspension of BUSD trading beginning March 13
27.2.2023
The San Francisco-based cryptocurrency exchange referred to its "listing standards" in a tweet
DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
27.2.2023
The rejection follows less than a year after Maker approved a similarly structured loan to Huntingdon Valley Bank
Authorities in France Arrest Duo Involved in Platypus Exploit
27.2.2023
Flash loan exploit drained protocol of over $9 million in assets and knocked Platypus USD (USP) off its peg
BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report
27.2.2023
Despite stepping down as CEO for three years, Yuzo continued to have a significant influence on the company being the firm’s largest stakeholder