The Senate is set to vote on legislation backed by both the cryptocurrency industry and former President Donald Trump, aiming to establish rules for dollar-pegged stablecoins. Senator John […]
Tether CEO Remains Private Despite Valued at $515 Billion
Tether’s CEO Paolo Ardoino has dismissed the notion of a public listing for the company, despite valuations reaching an estimated $515 billion. This figure, according to Artemis CEO […]
Stablecoin Trends: Tron Gains While Solana Loses Ground
Recent data from lookonchain reveals shifting dynamics in stablecoin holdings across different blockchain networks over the past week. The Tron network has experienced a notable surge of 1.04 […]
Kaia Pledges Won-Pegged Stablecoin as South Korean Stocks Rally
South Korea’s blockchain company Kaia has announced plans to launch a won-based stablecoin following the inauguration of President Lee Jae-myung. This follows a campaign promise from Lee, who […]
Circle Stock Soars Amidst Market Activity
Circle, a prominent stablecoin issuer, experienced a notable boost in its stock value during pre-market trading, with shares jumping nearly 14%. This follows a strong close on the […]
Stablecoin Legislation: Reshaping $29 Trillion Treasury Market
New congressional legislation is poised to fundamentally alter the U.S. Treasury market, potentially disrupting segments worth $29 trillion. The proposed framework would establish a regulatory framework for stablecoins, […]
Uber Investigating Stablecoins for Enhanced Financial Efficiency
Uber CEO Dara Khosrowshahi addressed the growing interest in stablecoins during the Bloomberg Tech Summit, highlighting the company’s exploration of their potential benefits. Uber is actively researching incorporating […]
Uber Eyes Stablecoins for Global Transactions as CEO Views Bitcoin as ‘Proven Commodity’
Uber is actively exploring the use of stablecoins for international transactions, indicating a cautious approach to integrating cryptocurrencies into its platform. The company’s CEO, Dara Khosrowshahi, has stated […]
Tether’s $515 Billion Valuation Sparks Debate: Is an IPO Necessary?
Tether, the world’s largest stablecoin issuer, is quietly gaining ground in Latin American markets with its USDT currency. Bolivian merchants are now directly pricing goods using USDT, demonstrating […]
Tether CEO Rejects IPO Speculation Following Circle’s NYSE Debut
Paolo Ardoino, CEO of Tether, has dispelled rumors about the company going public anytime soon following Circle’s successful debut on the New York Stock Exchange (NYSE). Ardoino addressed […]
Stablecoin Market Value Hits $250 Billion: USDT Dips Slightly
The global stablecoin market has surged past $250 billion, according to DefiLlama data, with a 1.05% week-on-week increase. However, the dominance of Tether (USDT) has shown a slight […]
Stablecoin Market Value Grows to $250.3 Billion, USDT Market Share Slightly Decreases
The global stablecoin market has experienced a notable growth spurt, according to data from DefiLlama. Currently standing at a staggering $250.3 billion, this represents a 1.05% increase compared […]
Tether’s $515 Billion Valuation Sparks Market Debate
A recent valuation analysis suggests Tether could be worth a staggering $515 billion if it went public, placing it as the 19th largest company globally. This hypothetical figure […]
Deutsche Bank Explores Stablecoin Strategy to Enhance Global Payments
Deutsche Bank is evaluating a strategy involving stablecoins as part of its broader effort to modernize global payment systems. This initiative is being led by Sabih Behzad, who […]
Hong Kong Establishes First Stablecoin Regulatory Framework
Hong Kong has taken a crucial step forward by implementing its first-ever stablecoin regulatory framework. The move, overseen by the Hong Kong Monetary Authority (HKMA), targets fiat-pegged stablecoins […]