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Archive: News

News

Terraform Labs Claims Citadel Securities Manipulated Its UST Stablecoin

Terraform Labs, a defunct cryptocurrency network, has accused Citadel Securities of intentionally undermining its ...

PayPal | Blockchain | Cryptocurrency reward
News

PayPal USD (PYUSD) Expands Reach with Venmo Integration

PayPal’s stablecoin, PayPal USD (PYUSD), which is pegged to the U.S. dollar, has extended ...

Circle | Global Regulation | Cryptocurrency
News

Circle Launches Native USDC Stablecoin on Polkadot Network

Circle, a stablecoin issuer, has extended the reach of its USDC stablecoin into the ...

Stablecoin
News

Stablecoins Achieved Visa-Level Settlements in 2022: Details

Stablecoins are gaining significant traction in the payment landscape for non-speculative transactions, according to ...

News

PayPal’s Stablecoin Launch Face Hurdles, Bank of America

According to insights from Bank of America Corp, PayPal Holdings Inc.’s introduction of a ...

News

USDC Market Cap Plummets to Lowest Level in Two Years

Fintech giant Circle’s USD Coin (USDC), the second-largest stablecoin, has faced a challenging period ...

News

Crypto Remittance Now Available on Bahamas Payment Platform

Migrants are sending money home at unprecedented rates, despite the high costs of traditional ...

News

Tether’s USDT Now Supported by Strike for Payments

Strike, a digital payments platform, has integrated Tether’s USDT stablecoin into its platform, aiming ...

News

Stablecoin Issuer Tether’s Q1 Profits Surge to $1.5 Billion

Tether, the dominant player in the stablecoin market, recently released its Q1 2023 financial ...

News

Circle Breaks Boundaries With New Cross-Chain USDC Protocol

Circle has launched its Cross-Chain Transfer Protocol (CCTP), a new product that allows developers ...

News

U.S. Congress to Address Stablecoin Legislation and SEC Oversight

The U.S. House Committee on Financial Services will hold a hearing on Tuesday with ...

News

Ripple Teams Up With Central Bank of Montenegro for CBDC, Stablecoin Initiatives

Montenegro’s financial system is set to receive a boost through a partnership with US-based ...

News

Circle Reveals USDC Stablecoin Redemptions Close to $6 Billion

Circle’s USD Coin stablecoin continues to experience high redemption rates compared to its purchase ...

SEC
News

Paxos in Discussions With SEC Regarding Binance Stablecoin

According to a Reuters report, major blockchain infrastructure platform Paxos Trust Company is in ...

Bitcoin
News

Mike Novogratz Says Good Chance of Bitcoin Returning to $30,000; Binance CEO Predicts Shift to Algorithmic Stablecoin

Mike Novogratz, a proponent of cryptocurrencies, said there’s a good chance of Bitcoin returning ...

News

Tether Tops Chart With $700 Million Q4 Profits in 2022

The organization behind the biggest stablecoin, USDT, Tether Holdings Limited, reported a fourth-quarter 2022 ...

News

Visa Chief Predicts ‘Meaningful’ Role for Stablecoins and CBDCs

The CEO of the world’s largest credit card firm told shareholders that stablecoins and ...

News

National Australia Bank Unveils Stablecoin on Ethereum and Algorand

Given recent reluctance and more recent implosion of Terra, other nations have been intending ...

News

Binance Acknowledges BUSD Peg Issues, Says Not Always Been Fully Backed

According to a recent Bloomberg report, Binance, the world’s largest cryptocurrency exchange by daily ...

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