Category: Stablecoins
Report: Stablecoin Use Surges in Argentina as Inflation Persists
Chainalysis’ Latest Report on Stablecoin Use in Argentina Crypto adoption in Argentina has grown over the past ten months as the country’s fiat currency continues…
European Stablecoin Sector Flourishes Following the Implementation of MiCA
The French and Irish tech firms operating in the region are working together in order to launch a new euro-backed stablecoin. The token launch is…
Tether Collaborates with Turkish Firm to Promote Crypto Education
Tether, the issuer of USDT stablecoin recently signed a contract with crypto firms based in Turkey. The contract is a MoU as per the report….
Bitstamp to Remove Euro Tether Following New MiCA Rules
Bitstamp is one of the first crypto trading platforms to list euro-stablecoins issued by the Tether project. Tether, the issuer of USDT stablecoin, launched a…
Tether Introduces XAU1 Stablecoin to Drive Cross-Border Payments
Tether, the largest stablecoin project by market cap, has decided to invest around $18.75 million in a parallel project named XAU1. Tether has maintained that…
Ripple is Planning to Launch Dollar-Based Stablecoin to Compete Against USDT and USDC
Ripple is expecting stablecoin to surpass $2 trillion before 2028. the firm is working on introducing a new stablecoin. The firm responsible for issuing XRP…
Binance Halts USDC Support on Tron Blockchain
Cryptocurrency investors on Binance have 12 days to exchange their holdings in USDC. A Cointelegraph article reported that Binance has halted support for USDC coin…
Tether to Launch USDT on Celo Blockchain
Tether has undertaken the plan to become a multi-blockchain ecosystem. On this account, the stablecoin issuer has been adding technical support for various blockchain ecosystems….
Wyoming Grants Legal Status to Decentralized Autonomous Organizations
The state of Wyoming passed a law to grant legal status to DAOs. This law dictates that DAOs are able to establish make third-party contracts,…
UK Regulators Adapt a New Approach for CBDCs and Stablecoins
The policymakers in the United Kingdom are working on introducing a regulatory framework to establish clarity for stablecoins and CBDCs. The coordinated approach was proposed…
US Senators Raise Voice Against Joe Biden’s CBDC Plans
An alliance of 5 Senators in the United States recently submitted opposition against the digital USD plans of the Federal Reserve. The group of senators…
UK Financial Regulator Issued 450 Consumer Alerts for Illegal Crypto Ads in 2023
The Financial Conduct Authority (FCA) of the UK recently ordered the withdrawal or editing of more than 10,000 finance-based advertisements last year. FCA is an…
US Treasury Asks Congress to Crack Down Against Illegal Activities in Crypto
Brian Nelson, an official at the United States Treasury recently initiated a directive addressing Congress about cryptocurrency investments. The House Financial Services Committee received the…
OKX Launches Exchanges Services in Argentina
Hong Fang is the president of OKX, one of the top cryptocurrency exchanges around the world. The platform recently launched a new branch in Argentina….
Understanding the Use of Stablecoins in Everyday Transactions
What is a Stablecoin? A stablecoin is a type of cryptocurrency that retains a fixed value at all times. Stablecoins are usually backed by an…
Algorithmic And Collateralized Stablecoins: How Do They Differ? – A Guide
Cryptocurrencies have evolved significantly, offering various stability mechanisms to navigate the turbulent market. Two prominent approaches are algorithmic stablecoins and collateralized stablecoins. Algorithmic stablecoins, like…
Algorithmic Vs Collateralized Stablecoins: All You Need To Know
What is an Algorithmic Stablecoin? Stablecoins are cryptocurrencies that retain a fixed price at all times. An algorithmic stablecoin is a type of stablecoin that…
Tether Counters UN Report Linking USDT With Money Laundering
UNODC’s Research On USDT A recent report published by the United Nations Office on Drugs and Crime (UNODC) has labeled USDT as the preferred asset…
Direct Bitcoin Investment Vs Bitcoin ETFs: Which One Is Better?
Introduction to Bitcoin ETFs ETFs are exchange-traded funds that track the value of Bitcoin or derivatives and represent it in the form of shares. Bitcoin…
Coinbase And Yellow Card Partner To Expand USDC In Africa
Expanding USDC Access In Africa The US leading crypto exchange, Coinbase, has announced a strategic partnership with Yellow Card, an African digital fintech company, to…
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