Terra USD (UST), the Terra (LUNA) blockchain’s algorithmic stablecoin, has now flipped Binance USD (BUSD) to rank as the third-biggest stablecoin on the current market. UST market cap surged to ...
One crypto platform’s aim to acquire $10 billion worth of bitcoin to tether its ‘stablecoin’ has been firing the market in recent days. This comes as part of a bigger ...
Elizabeth Warren, the Democratic Party Senator for Massachusetts, has once again slammed crypto stablecoins, alleging that they pose high risks to consumers and the entire economy. Sen. Warren argues that ...
Reports have confirmed that the National Unity Government (NUG) of Myanmar has successfully approved the Tether stablecoin (USDT) as a legal dollar proxy for domestic transactions. According to a Bloomberg ...
On October 15, 2021, the Commodity Futures Trading Commission (CFTC) handed sister cryptocurrency firms Bitfinex and Tether fines totaling $1.5 million and $41 million respectively. The fines were handed citing ...
As regulatory pressure continues to mount in the United States, policymakers are now considering stablecoins as most urgent in their latest regulatory risk assessment. In a September 16 Bloomberg report, ...
Diem, a Facebook-owned and blockchain-based financial payment division, has successfully secured regulatory approvals from nearly all states across the United States. In an August 18 Twitter blog post, David Marcus, ...
USD Coin (USDC), Circle’s dollar-pegged stablecoin, appeared to lose one of its biggest competitive advantages over its stablecoin rival, Tether (USDT). The major crypto exchange Coinbase has now made an ...
Tether’s general counsel has publicly appeared to announce that a full audit is coming up after Paxos tried to blemish its blockchain infrastructure platform. Paxos had claimed that USDT is ...
Europe needs to create a diverse and competitive digital ecosystem to become a global digital leader. The region knows that it will have to embrace the digital euro soon. To ...
