Stablecoins News
Tether Moves Against ‘Terror and Warfare’ – Freezes Almost $ 900k In Crypto Assets
Tether (USDT) has intensified its collaboration with international law enforcement agencies to counteract terrorism and warfare funded throu...
Another Stablecoin Loses Its Peg: USDR Drops to US $0.51
Over a year since the calamitous collapse of TerraUSD, another stablecoin has lost its peg. USDR, a yield-generating stablecoin for DeFi ent...
Canvas CEO Explores Australian eAUD in Exclusive Interview
David Lavecky, head of blockchain firm Canvas, recently spoke in an interview about the firm’s involvement in the Australian Reserve B...
Stablecoins Suffer 18-Month Decline, Regulatory Uncertainty at the Helm
Stablecoins have endured an 18-month-long decline, with their market cap shrinking by 35% since May 2022, as reported by DefiLlama. During t...
Stablecoin Market Cap Hits 18 Months of Decline–But All Is Not Lost
The past eighteen months have been dire for most stablecoins. Following last year’s collapse of Terraform and its native stablecoin UST, t...
Retail stablecoin trading in Hong Kong not allowed yet, official says
As Hong Kong progresses with the adoption of cryptocurrency trading for individual investors, a local official stressed that retail stableco...
Canadian Securities Regulator Provides Stablecoin Guidance: ‘May Constitute Securities’
In a move to provide clarity and guidance to crypto asset trading platforms, the Canadian Securities Administrators (CSA) has issued interim...
PwC Urges Blockchain in Developing Nations, 43% Lack Digital Payment Access
PricewaterhouseCoopers (PwC) have outlined the need for blockchain technology to combat the ongoing financial inclusion issue, which is only...
Cardano stablecoin project gambled away investors’ money before rug: Report
In 2021, Ardana Labs claimed it would provide an innovative stablecoin platform for the Cardano network. The new project, called “Ardana,...
Driving Financial Innovation: ANZ And Chainlink Release Cross-Chain Settlement Study
“Big Four” Australia bank, ANZ, and Chainlink are leading the way for cryptocurrency adoption among financial institutions, as the partn...
Circle Says Stablecoins Are Not Securities, Argues SEC Has No Jurisdiction Over Dollar-Pegged Crypto Assets
The issuer of the stablecoin USDC is refuting the general assertion of the U.S. Securities and Exchange Commission (SEC) that most crypto as...
Tether Treasury receives two $50M USDT lump sums from Bitfinex
Two transactions of 50,000,000 USDT $1.00 have been transferred out of Bitfinex and into the Tether Treasury, according to transfer receipts...