Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
USDT has reached a $83.2 billion market capitalization, recovering all the losses since the implosion of blockchain project Terra...
MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets
The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.
Japanese Banks Prepare to Issue Stablecoin
Japanese banks will be able to issue stablecoins with the long-awaited Payment Services Act coming into effect on June...
FDUSD on the Market: Fueled by the Hong Kong Fire!
Backed by the crypto fever that started in Hong Kong, First Digital Group has launched its USD-indexed stablecoin, FDUSD.
First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
The stablecoin is issued by a registered trust owned by First Digital.
What is USDD?
USDD is an algorithmic stablecoin pegged to the US dollar managed through a TRON-based DAO founded by crypto entrepreneur...
Trust Reserve’s Team Detained by Police
The core team of Trust Reserve, which raised $10 million in funds led by KuCoin Ventures, has been detained...
Chinese Police Detain This Altcoin Team!
A development that created shock waves in the Bitcoin and altcoin community came to the fore. CNHC Group, now...
Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within...
USDT Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears...
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
Republicans focused on the chances for legislative compromise while Democrats characterized their stablecoin positions as a deepening divide.
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and...
A New Bill Is Coming Out For These Altcoins In The USA: The Date Has Been Set!
A new stablecoin bill seems to be coming in the USA. May 18 was decided for the meeting to...
House Democrats Consider New Stablecoin Bill Proposal: Source
The proposal comes weeks after Republicans introduced their own discussion draft of a new bill.
MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token
Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.