Markets Stablecoin Issuers Now 18th Largest Holder of U.S. DebtBy CryptooTimesJune 20, 2024 Tether Ltd, the issuer of tether (USDT), the world’s leading dollar-pegged cryptocurrency by market value, alone holds around $91 billion…
PayPal Transak to integrate PayPal’s stablecoin on platformBy CryptooTimesJune 18, 2024 Transak has announced the listing of PayPal’s stablecoin, PayPal USD (PYUSD), on its platform. Transak users can now purchase PYUSD…
Crypto Financial Stability Board (FSB) to Work More on Stablecoin Risks in Emerging, Developing EconomiesBy CryptooTimesJune 17, 2024 “In emerging market and developing economies (EMDEs), crypto-assets pose particular challenges for monetary policy and capital flow management,” the FSB…
asic Australia’s Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC’s Warning For Crypto EntitiesBy CryptooTimesJune 16, 2024 “Within that drafting slot, there are various reforms and each has a different priority to the payments reforms, which would…
cryptocurrency Stablecoin issuer Paxos cuts 20% of workforce: reportBy CryptooTimesJune 12, 2024 Paxos has reportedly laid off roughly 20% of its staff, with this decision communicated to the affected employees via email…
banking Stablecoin act gives Congress alternative to overriding Biden’s SAB 121 vetoBy CryptooTimesJune 12, 2024 President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress…
Finance Crypto Trading Firm Paxos Unveils Yield-Bearing Stablecoin USDLBy CryptooTimesJune 10, 2024 “We’ve added programmatic daily yield so this looks a little bit more like a savings product than a checking account…
ethereum etf Ripple president: Stablecoin likely this yearBy CryptooTimesJune 6, 2024 Ripple president Monica Long said the XRP issuer is likely to enter the $161 billion stablecoin market before the end…
asset-referenced tokens Binance prepares for MiCA rules, updates stablecoin strategyBy CryptooTimesJune 3, 2024 Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy. Source link
BTC Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCDataBy CryptooTimesMay 29, 2024 After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in…
