stablecoin

State Street Said to Explore Creating Stablecoin, Deposit Token

Financial services and banking giant State Street Corp. is exploring ways to get involved in settling payments on blockchain, according to a…

2 years ago

Aave Launches GHO Stablecoin on Arbitrum with Chainlink CCIP

The Aave DAO has released its multi-collateralized stablecoin, GHO, on the Arbitrum network as the first new market in its…

2 years ago

Tether Launches New Digital Asset Backed by Tether Gold

Tether has launched a new digital asset called Alloy by Tether, which is backed by Tether Gold. This asset aims to “redefine stability…

2 years ago

PayPal USD Stablecoin Goes Live on Solana Blockchain

PayPal, a payment giant, declared the launch of the PayPal USD (PYUSD) stablecoin on the Solana blockchain, which is well-liked by…

2 years ago

SEC Calls Ripple’s Proposed Stablecoin an ‘Unregistered Crypto Asset’

The US Securities and Exchange Commission (SEC) appears to be targeting Ripple’s proposed stablecoin in its latest court filing against the crypto…

2 years ago

U.S. Treasury Official Targets Tether USDT Stablecoin in Russian Sanction Evasion

US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written…

2 years ago

Circle Integrates Web3 Services on Solana to Boost USDC Adoption

A fintech firm, Circle, confirmed plans of providing Web3 services for users of Solana, a Layer 1 Blockchain ecosystem. This…

2 years ago

Bank of International Settlements Publishes New Stablecoin Report Following Ripple’s Announcement

Members of the Financial Stability Institute (FSI) of the Bank for International Settlements (BIS) have published a new paper that focuses…

2 years ago

Ripple to Launch USD Stablecoin, Taking on a $150B Market Dominated by Tether and Circle

Crypto startup Ripple is the latest major player to jump into the $150 billion stablecoin market with the launch of…

2 years ago