Tag: Stablecoin
Fed President Discussed Cryptocurrency and Digital Currency in Congress
US Federal Reserve (Fed) Chairman Jerome Powell spoke about cryptocurrencies and digital currencies. According to information provided by Politico, Jerome Powell recently met with Democratic representatives in the House Financial…
Bitcoin and Stablecoin Statement from New Zealand Central Bank President!
New Zealand Reserve Bank Governor Adrian Orr does not appear to be a fan of independent digital currencies, including Bitcoin and stablecoins. RBNZ’s Adrian Orr says Bitcoin will ‘in no…
Stablecoin Discussions Continue in the UK: Industry Advocates Want Regulations Reviewed!
in the united kingdom Crypto industry groups have expressed concerns about proposed regulations for the supervision of stablecoins by the Bank of England (BoE) and the Financial Conduct Authority (FCA).…
Hong Kong Wants to Issue a Cryptocurrency Linked to China’s Currency
The Hong Kong General Chamber of Commerce has proposed a stablecoin for the government’s budget talks. Hong Kong General Chamber of Commerce (HKGCC), government Chinese linked to yuan or backed…
Hong Kong is Preparing to Issue a Stablecoin Linked to the Chinese Yuan!
Hong Kong General Chamber of Commerce (HKGCC), submitting proposals to the local government for the upcoming budget to Chinese Yuan connected stablecoins He asked for it to be removed. Hong…
These Stablecoins Could Displace Others, According to Company Executive
The current outlook for the stablecoin market could change dramatically, according to the COO of blockchain-based finance company Ondo. said Justin Schmidt, COO of Ondo Finance. stablecoins that provide returns…
Stablecoin Data Points Bullishly for Bitcoin and Cryptocurrencies!
Santiment noted that stablecoins in the cryptocurrency market have increased steadily in the last 4 months, which is a clear bullish indicator. On-chain analysis platform Santiment, dated January 29 in…
STASIS Stablecoin is Now Available on the Stellar Network!
The first project to issue a stablecoin backed by the euro. STASISannounced the availability of EURS on the Stellar blockchain. The partnership was announced in November last year. This strategic…
Huge Progress on Solana Network: Stablecoin Transactions Grow 25X
The volume of stablecoin transactions on the Solana (SOL) blockchain has grown more than 25x in a year. According to information provided by cryptocurrency data platform Artemis, the monthly volume…
Huge $240 Million Sales Wave in That Stablecoin: What’s Happening?
TrueUSD, one of the stablecoins pegged to the US dollar (TUSD) lost its stability and fell to $0.9685 after selling $238.3 million in the last 24 hours. While this is…
Stablecoin Listed on Binance Continues to Lose Value!
Stablecoin TrueUSD (TUSD) It experienced a significant decline this morning, dropping to around $0.9685. TrueUSD Loses Value and Drops Below $0.9685 TUSD fell below the US dollar peg on January…
Stablecoin Named after Justin Sun Falls Below $1 Again
TrueUSD (TUSD), one of the stablecoins directly pegged to the dollar, lost this equivalence in the morning hours and fell to $ 0.9708. TrueUSD will be available for investors on…
Circle CEO Made Important Statements About Stablecoin, USDC and the USA!
Circle CEO Jeremy Allaire stated that positive steps may come from the USA regarding stablecoin laws in 2024. The world’s second largest stablecoin USD Coin (USD) Positive statements came from…
Stablecoin USDC Briefly Dropped Below $1, Creating Panic
USDC, the stablecoin issued by Circle, dropped below $ 1 for a short time after the movement in Bitcoin price yesterday. USDC traded against the USDT pair on the Binance…
Stablecoin Giant Tether Withdrew a Large Amount of Bitcoin from Bitfinex Exchange
One of the leading stablecoin issuers Tether (USDT)today with an important move bitfinex from the stock exchange 8888.88 Bitcoin (BTC) pulled. Tether (USDT) Withdrew 8888.88 Bitcoin (BTC) from Bitfinex Exchange…
Hong Kong Started Legal Preparations for the Development of the Stablecoin Sector
Hong Kong’s central bank wants to legally regulate stablecoins to prevent financial stability risks. Hong Kong’s central bank has opened some of its legislative proposals regarding stablecoins for public evaluation.…
Research Company Explained Why Stablecoins Like Tether Are Experiencing Depeg!
In some cases, the reason for the deterioration of the dollar stability of stablecoins may be due to money laundering operations. Blockchain research company bitracepresented a remarkable report in the…
Red Alert in Binance Supported Stablecoin: Stability is Broken!
TruUSD (TUSD), the fourth largest stablecoin in the cryptocurrency market in terms of market value, lost its dollar stability for a short time. According to data obtained from Binance, stablecoin…
Leading Stablecoin Issuer Receives US Approval for Solana Support!
The New York regulator has approved stablecoin issuer Paxos’ expansion into Solana (SOL), allowing it to launch its first non-Ethereum stablecoin. According to Fortune, one of the leading stablecoin issuers…
Circle, One of the Largest Stablecoin Issuers, Registered in France
Circle, one of the largest stablecoin issuers, received a license as a digital asset company from France. According to the statement made by the company, Circle has conditionally registered as…