Tether's USDT, the leading stablecoin, has hit the market capitalization of $160 billion for the first time. This achievement, detailed in Tether's latest transparency update, underscores a period of robust…
Tether, the world's largest stablecoin issuer, is phasing out its USDT stablecoin services on five "legacy" blockchains: Algorand, Bitcoin Cash, EOS, Kusama, and Omni. This move, effective September 1, will…
Agora, a burgeoning stablecoin platform, has successfully closed a $50 million Series A funding round. The round was spearheaded by prominent crypto venture firm Paradigm, with additional significant backing from…
Circle, the issuer of the USDC stablecoin, has announced a strategic partnership with cryptocurrency exchange OKX, aiming to simplify the purchase, trading, and transfer of USDC across various blockchains. This…
Hong Kong's highly anticipated stablecoin licensing regime is set to officially launch on August 1, a move confirmed by Secretary for Financial Services and the Treasury, Christopher Hui. The new…
A U.S. bankruptcy judge has ruled that Celsius Network's multibillion-dollar lawsuit against stablecoin issuer Tether can move forward, rejecting in part Tether's attempts to dismiss claims that it improperly liquidated…
Circle, the issuer of USDC stablecoin, announced "Circle Gateway," a groundbreaking new primitive designed to eliminate the complexities of cross-chain USDC transfers and usher in a new era of unified…
Hong Kong today unveiled its "Policy Statement 2.0" on digital assets, signaling a reinforced commitment to becoming a global leader in financial innovation. This latest strategy builds upon the framework…
Hong Kong is set to begin issuing licenses for stablecoin issuers in the coming months, marking a significant step in the city's ambition to become a global leader in digital…
The cryptocurrency community is placing significant wagers on the swift progression of U.S. legislation to regulate payment stablecoins, following a decisive Senate vote and a public endorsement from President Donald…