The digital currency realm, constantly evolving and often unpredictable, has experienced significant shifts over the past couple of years. The downturn of prominent global entities in the cryptocurrency arena during…
Cryptocurrency exchange Kraken has officially declared its intention to halt all trading, deposits, and withdrawals for Tether USD (USDT), Wrapped Bitcoin (WBTC), and other reserve-backed assets in Canada.
“We will soon…
Decentralized stablecoin protocol Reserve has launched on Coinbase's Layer 2 network, Base. This marks Reserve's first deployment on a network outside of Ethereum, Reserve said in a statement.
“Across both Ethereum…
Stablecoin issuer Tether has is making a foray into artificial intelligence (AI) through a subsidiary co-owned by Northern Data Group (NB2), a Bitcoin (BTC) mining and data cloud provider.
Damoon Designated…
Deutsche Bank has joined forces with Swiss startup Taurus, specializing in cryptocurrency security, to establish digital asset custody and tokenization services, as announced by the companies on Thursday. The move…
Payment processing giant Visa has unveiled its plans to expand its stablecoin settlement capabilities, embracing the Solana blockchain alongside its pre-existing features on Ethereum. In this strategic move, the company…
Argentina-based Num Finance has launched a stablecoin pegged to the Columbian peso. Called nCOP, the Polygon-based stablecoin aims at Columbia’s remittance market, which is pegged at $6.5 billion a year,…
Stablecoin issuer Tether will discontinue support for USDT on three blockchains – Bitcoin, Kusama, and Bitcoin Cash from August 17. In other words, Tether will stop minting USDT-Omni, USDT-Kusama, and…
Brian Brooks, a partner at Valor Capital Group, said he believes that well-defined regulations for stablecoins can benefit the U.S. dollar. This stands in contrast to certain U.S. legislators who…
Circle Internet Financial is relying on a cash reserve of more than $1 billion to navigate increasing competition from non-crypto entities like PayPal Holdings Inc. This move comes as the…