Browsing Tag
Stablecoin
7 posts
Despite earlier plans, Tether records increased stablecoin loans in 2023
Tether, the leading issuer of stablecoins in the cryptocurrency market, has reported an increase in its stablecoin lending…
Paxos transparency report confirms PayPal’s PYUSD Stablecoin is fully backed
Stablecoin issuer Paxos has released its inaugural transparency report for the Ethereum-based PayPal USD (PYUSD) stablecoin, affirming that…
Tether Shuffles The Deck: 750 Million USDT Shifted From Tron To Ethereum
Tether Holdings, the company responsible for the USDT stablecoin, recently made an announcement. They have decided to collaborate…
Circle CEO blames SEC regulation for decreasing market cap
The Securities and Exchange Commission (SEC) of the United States has been cracking down on the cryptocurrency industry.…
CFTC chairman: Ether and stablecoins are commodities
Rostin Behnam, the Commodities and Futures Trading Commission (CFTC) chairman, has taken a tough stand against the Securities…
Singapore’s controller believes stablecoin guarantors should keep up with their stake
On Wednesday, the Financial Power of Singapore (MAS) proposed new principles for the crypto business, including severe rules…
Draft US stablecoin bill would boycott new algo stablecoins for a very long time
It’s accounted for the bill’s definition will cover “endogenously collateralized stablecoins,” which rely upon the worth of a…