StableCoin News
Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes... Read more
Posted by bitcoin.com 3 hours ago
DAI struggles to reclaim $1 peg: Will the stablecoin succeed?
DAI seems unable to get its dollar peg back as it stays comfortably at $0.999.... Read more
Posted by ambcrypto.com 8 hours ago
Ripple Cites New Terraform Labs Settlement in a Bid To Convince the Court To Lower the SEC’s Civil Penalty
Ripple is pointing to the recent Terraform Labs settlement in a bid to reduce their own penalty from the U.S.... Read more
Posted by dailyhodl.com yesterday
Swiss regulator forces crypto-friendly FlowBank into bankruptcy
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance.... Read more
Posted by cointelegraph.com 3 days ago
SEC Settles With Former Stablecoin Juggernaut Terraform Labs for $4,470,000,000: Report
A new report says that the U.S. Securities and Exchange Commission (SEC) has reached a multi-billion dollar settlement with the... Read more
Posted by dailyhodl.com 3 days ago
RLUSD Stablecoin to Drive New Use Cases for XRP
The postRLUSD Stablecoin to Drive New Use Cases for XRPappeared first onCoinpedia Fintech NewsRipple CTO David Schwartz has argued that... Read more
Posted by coinpedia.org 3 days ago
Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities
Australia's regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft... Read more
Posted by coindesk.com 3 days ago
Inverse futures contract, explained
Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle... Read more
Posted by cointelegraph.com 3 days ago
Ripple Unveils RLUSD: A New Stablecoin on XRPL and Ethereum
The postRipple Unveils RLUSD: A New Stablecoin on XRPL and Ethereumappeared first onCoinpedia Fintech NewsRipple has officially introduced its upcoming... Read more
Posted by coinpedia.org 4 days ago
Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’
Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg... Read more
Posted by cryptoslate.com 4 days ago
Euro-Pegged Stablecoin Volumes Grow As New Regulation Acts As Potential Boon for Sector: Kaiko
Euro-pegged stablecoin use is increasing amid new European crypto regulations that phase in over time, according to digital asset analytics... Read more
Posted by dailyhodl.com 4 days ago
Stablecoin act gives Congress alternative to overriding Biden’s SAB 121 veto
President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress... Read more
Posted by cointelegraph.com 4 days ago
Blast’s Rebasing Stablecoin USDB Now Ranks 9th Among Dollar-Pegged Crypto Tokens
A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed... Read more
Posted by bitcoin.com 4 days ago
Ripple CEO unveils name of upcoming stablecoin RLUSD
Ripple CEO Brad Garlinghouse has announced the name of the company’s upcoming stablecoin at the XRP Ledger Community Summit (XRPL... Read more
Posted by cryptoslate.com 4 days ago
Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit
In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad... Read more
Posted by bitcoin.com 4 days ago
Ripple Acquires Standard Custody; Could Boost Its Stablecoin Plans
The postRipple Acquires Standard Custody; Could Boost Its Stablecoin Plansappeared first onCoinpedia Fintech NewsRipple completed the acquisition of Standard Custody... Read more
Posted by coinpedia.org 5 days ago
HSBC China Introduces Digital Yuan Services for Corporate Clients
HSBC Bank (China) Ltd. announced on Friday the launch of digital yuan (e-CNY) services for corporate clients, becoming one of... Read more
Posted by bitcoin.com 6 days ago
Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race
Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.... Read more
Posted by coindesk.com 6 days ago
Bitcoin’s Big Week: 100,000 BTC Pulled from Exchanges
The postBitcoin’s Big Week: 100,000 BTC Pulled from Exchangesappeared first onCoinpedia Fintech NewsCurrently, near the top of its peak of... Read more
Posted by coinpedia.org 6 days ago
HSBC China Unveils e-CNY Services For Its Clients
The postHSBC China Unveils e-CNY Services For Its Clientsappeared first onCoinpedia Fintech NewsThe HSBC bank’s China branch is now offering... Read more
Posted by coinpedia.org 6 days ago
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