Browsing Tag
Stablecoin
1085 posts
TrueUSD attestation pauses amid concerns surrounding collateral
Justin Sun-backed dollar-pegged stablecoin TrueUSD is facing difficulties with attestations for its underlying reserves. According to data from…
USDT and USDC Dominate Stablecoin Market with 90% Share, OKX Ventures Report Finds
Latest News and Updates on blockchain industry by AlexaBlockchain (“Alexa Blockchain”). Despite the cryptocurrency market experiencing fluctuations and…
China to intensify crackdown on stablecoins to thwart illegal forex trading
In a bid to intensify the crackdown on crypto, China is calling for strict measures against illegal foreign…
Paxos expands its stablecoin to the Solana blockchain
Paxos has expanded to Solana, the first expansion for its USDP stablecoin to a new blockchain. The regulated…
Paxos expands stablecoin issuance to Solana
Leading tokenization platform Paxos has announced its expansion into the Solana blockchain, marking a significant move beyond its…
Korean central bank governor urges CBDC development to compete with stablecoins
Bank of Korea Governor Chang-yong Rhee warned that the rise of stablecoins could pose a significant threat to…
Global regulator tightens stablecoin standards for top rankings
The Basel Committee for Banking Supervision has proposed new criteria for stablecoins, aiming to differentiate them from more…
Basel Committee proposes measures for stablecoin reserve asset stability
Basel Committee proposes maturity limits for stablecoin reserve assets. Overcollateralization required for longer-term assets to ensure stability. Credit…
German asset manager DWS joins Galaxy to issue euro stablecoin
AllUnity, a new joint venture by DWS, Galaxy, and Flow Traders, plans to issue the euro stablecoin on…
USDC tops S&P Global’s stablecoin stability chart while Tether faces scrutiny
S&P Global Ratings, a leader in providing credit ratings, announced a crucial series of stability assessments for various…
