Stablecoin Supply on Solana Jumps 8%, SOL Price At $72
After going through a significant worth drop to $66 earlier on Monday, December 11, the Solana (SOL) Value has recovered shortly by 10%, presently buying and selling at $72. The….
Tag: Stablecoin
EBA Drafts Liquidity & Capital Rules For Stablecoin Issuers Under MiCA
To supply monetary stability for banks and regulate systematic funds even throughout turbulence within the crypto market, the European Banking Authority proposed new laws for stablecoin issuers. In line with….
Stablecoin Issuer Circle Considers Going for IPO in 2024
A Circle spokesperson confirmed {that a} public itemizing will not be precisely removed from the agency’s aspirations. Circle, the issuer of the USD Coin (USDC) stablecoin, is reportedly in talks….
CZ Clarifies On Rumors Of Binance Stablecoin Delisting In Europe
Chief govt officer of crypto exchange Binance Changpeng Zhao or ‘CZ’ has on Wednesday clarified on rumors across the platform’s plans to finally delist stablecoins for Europe customers. The transfer….
Stablecoin supply down below $125 billion as capital continues to leak from crypto
Key Takeaways The whole provide of stablecoins has fallen each month since UST collapsed in Might 2023 Final month noticed one other $1.7 billion of outflows, the entire provide now….
FedNow Partner Hedera Launches All-In-One Stablecoin Solution
Hedera, a decentralized, open-source, proof-of-stake public ledger, on Wednesday introduced the launch of open-source stablecoin issuance and administration toolkit “Stablecoin Studio.” It can present an all-in-one stablecoin software for Web3….
US Congressmen Warn Fed’s Jerome Powell Over Stablecoin Bill
A bunch of United States lawmakers have written to the US Federal Reserve Chair Jerome Powell over the central financial institution’s applications that would hurt the Congress’s efforts to determine….
Tether Decides to Discontinue Bitcoin Stablecoin amid Lack of Usage
Together with Bitcoin Omni Layer, Tether has additionally determined to discontinue the stablecoin variations of Bitcoin Money and Kusama. Tether, the issuer of the world’s largest stablecoin USDT, has introduced….
Coinbase Plans to Suspend Tether (USDT) Stablecoin for Canadian Users
Coinbase famous that Tether’s USDT doesn’t meet their itemizing requirements for Canada and thus they determined to droop the stablecoin. By the tip of this month on August 31, crypto….
Stablecoin Soars, TVL Skyrockets, And Dapp Transactions Hit Record Highs
Cardano (ADA), the blockchain platform famend for its scalability and technological method, has made vital strides within the crypto market, as highlighted by the not too long ago launched Messari….