Stablecoins News
Tether Looks to Team Up with Big Four for Historic Audit Amid Stability Concerns
Paolo Ardoino, CEO of the largest stablecoin issuer, Tether (USDT), says the company wants to secure a full audit of its USDT reserves from ...
Sonic Reveals Plans for New Algorithmic Stablecoin With 23% Yield, Despite Terra-Luna Fallout
The DeFi sector is abuzz with the news of Sonic (S) developing an algorithmic stablecoin which could offer an attractive annual percentage r...
Trump’s Crypto Council Forecasts US Stablecoin Bill Within Two Months
Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, said stablecoin regulation in the US could reach Pr...
US Senate Advances Genius Bill as Opponents Push Back Against Stablecoin Regulation
The United States’ push toward purpose-built crypto regulation is taking another step forward, with the Senate Banking Committee passing n...
US Crypto Legal Update: Stablecoins, Trump Debanking Order and IRS Crypto Rule
A lot has happened in the past couple of days in the legal landscape of the cryptocurrency industry. First, lawmakers have introduced a fres...
OKX Australia CEO Predicts “Proliferation” of Stablecoin Use Post-Election, If Laws Keep Up
Kate Cooper, the newly appointed CEO of cryptocurrency exchange OKX Australia, has said that if digital asset regulation is prioritised by t...
President Trump to Host Landmark White House Crypto Summit on March 7
US President Donald Trump will host the first White House Crypto Summit on March 7, an event set to bring together industry leaders, regulat...
Global Dollar Stablecoin Issued on Solana as Network Closes in on New All-Time High
Solana’s memecoin renaissance may be coming to a halt, but the blockchain has still demonstrated impressive growth in other DeFi industrie...
Ethena Secures US $100M Funding From Institutional Players Franklin Templeton, Dragonfly Capital
According to a report from Bloomberg yesterday the decentralised stablecoin project, Ethena, has raised US$100 million (AU$157m) to develop ...
Figure Markets’ Yield-Bearing Stablecoin on Solana Scores SEC Approval
Despite the crypto markets having a mostly quiet February, institutions continue working away in the background to bring innovations to the ...
Wyoming Sets Blockchain Precedent: State Treasurer’s Office May Operate on Blockchain with New Stablecoin Launch
Anthony Apollo, executive director of the Wyoming Stable Token Commission, sees the launch of a fully backed and compliant stablecoin as a s...
With Peter Thiel, Paolo Ardoino Backing: Plasma to Launch Blockchain for Tether on Bitcoin Network
Stablecoin company Plasma has secured US$24M (AU$38M) in funding to develop a USDT-focused blockchain. The company is developing an EVM-comp...