The Monetary Authority of Singapore (MAS) on Wednesday announced new regulatory framework for stablecoins. The new regulatory framework is based on feedback received during its October 2022 public consultation, the…
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…
Digital payments giant PayPal announced the launch of its own stablecoin, denominated as PayPal USD (PYUSD). This Ethereum-powered digital token, pegged to the value of the US dollar, is set…
Tether is gearing up to launch innovative JavaScript libraries designed to streamline the transmission of commands and signals to the Bitcoin network.
Paolo Ardoino, the Chief Technology Officer of Bitfinex and…
Tether, the stablecoin issuer, has taken frozen $2.5 million worth of USDT. This move comes in response to a likely exploit of the cross-chain router protocol known as Multichain. Multichain's…
A new policy proposal suggests that the Hong Kong government should introduce its own stablecoin, HKDG, backed by its substantial foreign exchange reserves. The proposal, co-authored by prominent figures including…
Tether, the leading stablecoin issuer, has expanded its multi-chain presence by launching its USDT stablecoin on Kava, a Layer 1 blockchain built on the Cosmos network. This move aims to…
Tether, the leading stablecoin issuer, has released a comprehensive response addressing recent media reports regarding its previous holdings of Chinese securities. In an official statement, the company vehemently denied any…
In an unexpected turn of events, Tether's leading stablecoin, USDT, experienced a slight de-pegging from its usual 1:1 ratio with the US dollar on the Curve decentralized exchange. This unprecedented…
Tether (USDT), the popular stablecoin issuer, has reached a new milestone by surpassing its previous record and reaching an all-time high market cap of over $83.2 billion. Paolo Ardoino, Tether's…