Tether has launched a new digital asset called Alloy by Tether, which is backed by Tether Gold. This asset aims to “redefine stability …
Latest in stablecoin
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PayPal, a payment giant, declared the launch of the PayPal USD (PYUSD) stablecoin on the Solana blockchain, which is well-liked by …
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U.S. Regulation
SEC Calls Ripple’s Proposed Stablecoin an ‘Unregistered Crypto Asset’
by Terron Goldby Terron GoldThe US Securities and Exchange Commission (SEC) appears to be targeting Ripple’s proposed stablecoin in its latest court filing against the crypto …
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U.S. Regulation
U.S. Treasury Official Targets Tether USDT Stablecoin in Russian Sanction Evasion
by Terron Goldby Terron GoldUS 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 …
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Blockchain
Circle Integrates Web3 Services on Solana to Boost USDC Adoption
by Terron Goldby Terron GoldA fintech firm, Circle, confirmed plans of providing Web3 services for users of Solana, a Layer 1 Blockchain ecosystem. This …
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Global Adoption
Bank of International Settlements Publishes New Stablecoin Report Following Ripple’s Announcement
by Terron Goldby Terron GoldMembers of the Financial Stability Institute (FSI) of the Bank for International Settlements (BIS) have published a new paper that focuses …
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Market Watch
Ripple to Launch USD Stablecoin, Taking on a $150B Market Dominated by Tether and Circle
by Terron Goldby Terron GoldCrypto startup Ripple is the latest major player to jump into the $150 billion stablecoin market with the launch of …
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Market Watch
Tether Becomes Seventh Largest Bitcoin Holder With Recent $618 Million Purchase
by Terron Goldby Terron GoldTether (USDT) is now the seventh-largest Bitcoin holder globally, following its purchase of more than 8,000 BTC in the past day, according to …
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Cardano, in collaboration with Mehen Finance, has taken a significant step by introducing a fiat-backed stablecoin called USDM. This announcement strengthens …
