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…
JPMorgan has emphasized the crucial role of stablecoins in the recovery of the cryptocurrency market. The report suggests that until the contraction of the stablecoin universe comes to a halt,…
In a highly anticipated hearing on stablecoins, the House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion engaged in a spirited debate over the appropriate level…
In a series of tweets, John Reed Stark, a former U.S. Securities and Exchange Commission (SEC) lawyer, has made serious allegations against the popular cryptocurrency Tether, suggesting it is involved…
Republican lawmakers are pushing for a new bill to strip the Securities and Exchange Commission (SEC) of its regulatory power over payment stablecoins. The move comes amid growing frustration over…
The Bank of Korea (BOK), South Korea's central bank, has been authorized to inspect cryptocurrency exchanges in the nation. Media reports said that BOK can request transaction data from digital…
Societe Generale's crypto arm, Forge, is set to launch a new euro stablecoin called "CoinVertible" on the Ethereum blockchain. The stablecoin will bridge the gap between traditional capital markets and…