Stablecoins News
Coinbase To Stop Supporting Non-Compliant Stablecoins in EU by the End of 2024, Including Possibly USDT: Report
Coinbase reportedly plans to cut support for certain stablecoins in the European Union (EU) by the end of the year. A spokesperson for the c...
Ripple’s RLUSD Stablecoin to Boost XRP, Provide Liquidity and Forex Use Cases
Ripple announced earlier this year that they’re planning to launch a Ripple stablecoin named RLUSD. That had some in the XRP community wor...
BTC Just Had Its Best September Since 2012, But Analysts Say Uptober Could Be Huge
Bitcoin is on track to close September in the green, which would be only the fifth time since its existence to do so. While data from Coingl...
PayPal Enables Businesses to Buy, Hold and Sell Crypto
Global payments giant PayPal yesterday announced it will allow US-based merchants to hold, buy and sell cryptocurrency directly from their P...
Circle CEO Envisions US as Future Crypto Leader Amid HQ Move to New York
Circle, the second-largest stablecoin issuer, is moving its headquarters to New York City, according to Jeremy Allaire, the company’s ...
Survey Shows 69% of Crypto Users in Emerging Markets Opt for Stablecoins Over Local Currencies
Stablecoins are increasingly reinforcing the dominance of the U.S. dollar worldwide, particularly in regions where access to USD is limited....
Ripple CEO Brad Garlinghouse Says RLUSD Stablecoin Weeks Away, “Not Months”
Earlier this year, Ripple Labs (developers of XRP Ledger and XRP) announced they are releasing a stablecoin native to their blockchain netwo...
SEC Eyes Challenge to FTX’s Stablecoin Repayment Plan, Drawing Industry Backlash
The US Securities and Exchange Commission (SEC) took the unusual step last Friday of submitting a filing to ensure it can potentially challe...
More Than $100 Million BTC Long Positions Liquidated, Analysts Reveal What’s Next
Amid the recent drop in most major crypto assets, many traders have been liquidated. According to data from Coinglass, close to 70K traders ...
Fidelity Eyes Stablecoins, Tokenised Treasuries in Crypto Push
Multinational financial services provider Fidelity Investments has been playing an important role in the crypto-sphere. The worldwide operat...
Circle CEO Says iPhone Users Will Soon Be Able to Use USDC For Payments
Jeremy Allaire, co-founder and CEO of Circle, the company behind the second largest stablecoin by market cap, USDC, has just announced an ex...
Ripple Starts Testing of Stablecoin RLUSD on Ethereum and XRP Ledger
The news cycle over the past week has revolved around last Monday’s catastrophic crash and the market’s gradual recovery since. Despite ...