Browsing Tag
Stablecoin
1046 posts
US draft bill on stablecoins places issuers like Tether under the Federal Reserve oversight
A new draft bill that provides a stablecoin framework in the United States will see private issuers such…
USDT market cap surges, while USDC and BUSD record massive declines
Tether USD (USDT), the largest stablecoin by market capitalization, is witnessing an impressive surge in its valuation, having…
Tether supply hits $80B for the first time since May 2022 — Stablecoin rivals stumble
The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in…
Latam investment bank BTG Pactual unveils dollar-pegged stablecoin
BTG Pactual has announced the launch of its dollar-backed stablecoin dubbed BTG Dol. The bank now becomes the…
Tether used Signature Bank to access the US financial system
According to Bloomberg, Tether, the world’s largest stablecoin issuer, utilized Signature Bank to transfer funds from the United…
Franklin secures $2.9m for hybrid crypto-cash payroll services
Franklin, a company offering tax-compliant hybrid crypto and cash payroll solutions for businesses, has raised $2.9 million in…
BUSD reserves crumble amid Binance regulatory saga
The cryptocurrency markets have recently been shaken by another major regulatory push against Binance that sent ripples to…
45% of stablecoin balance has left crypto exchanges in 4 months, but where has all the money gone? – A Deep Dive
Key Takeaways $23.6 billion of stablecoins are currently on exchanges, the least since October 2021 45% of stablecoins…
Stablecoin supply on cryptocurrency exchanges down 50% in 4 months
Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b…
MakerDAO votes to keep USDC as primary collateral, rejects ‘diversification’ plan
The passed measure ends the 1% USDC-to-DAI minting fee that was previously implemented.
