Digital finance is seeing significant shifts in the landscape as stability coin liquidity takes center stage. Grove, a leading player in on-chain capital allocation, aims to unlock new […]
The Fragile Future of Stablecoins: Why Dollar Weakness Threatens Your Savings
Stablecoins have been touted as a safe haven in the volatile world of cryptocurrency. Yet, their future hinges on one crucial element – the dollar’s stability. As the […]
STBL Token Plunges 80% Amid Insider Trading Allegations and Stablecoin Crisis
The governance token of a high-profile stablecoin protocol backed by a Tether co-founder has plummeted more than 80% from its peak. The dramatic decline is fueling allegations of […]
Chinese Tech Giants Halt Hong Kong Stablecoin Plans
China’s move to halt planned stablecoin launches by tech giants like Ant Group and JD.com underscores the country’s cautious approach towards private digital currencies. Beijing authorities, including the […]
China’s Tech Giants Halt Stablecoin Plans in Response to Regulatory Push
Chinese tech giants are holding back plans for issuing stablecoins in Hong Kong after receiving instructions from Beijing. Ant Group and JD.com, two of the companies that initially […]
Tether and Circle Inject $6B into Market to Boost Stability
Tether and Circle have injected $6 billion into the cryptocurrency market by minting stablecoins, seeking to stabilize prices following the significant downturn on October 11th. The move demonstrates […]
China Halts Chinese Tech Firm’s Stablecoin Pilot Program
Chinese tech giants, including Ant Group and JD.com, have paused their involvement in Hong Kong’s pilot program for stablecoins after guidance from the People’s Bank of China (PBoC) […]
Hong Kong Proposes Global Collaboration for Stablecoin Risk Management
During the recent IMF and World Bank Group meetings, Hong Kong’s Financial Secretary Paul Chan Mo-po emphasized the need for international cooperation in navigating digital asset challenges, particularly […]
USDC Dominance Eyes Breakout Above 3.5%, Driven by Risk-Off Mood
USDC dominance is poised for a significant breakout, potentially reaching 3.5% as risk aversion grips the cryptocurrency market. A double bottom pattern on the 2-week chart suggests growing […]
Jeremy Kranz: Privately-Issued Stablecoins Resemble CBDCs
As the cryptocurrency landscape evolves rapidly, stablecoin risks and opportunities become increasingly apparent. Industry expert Jeremy Kranz highlights the potential dangers of privately-issued stablecoins, urging investors to exercise […]
VC Warns of Risks in Privately-Issued Stablecoins, Calling Them ‘Digital Currency’ Like Central Bank Options
Investors are urged to exercise caution when considering privately-issued stablecoins due to their similarities with central bank digital currencies (CBDCs), according to Jeremy Kranz, managing partner at venture […]
Tempo Raises $500 Million for Stablecoin Blockchain, Valuation Reaches $5 Billion
A $500 million Series A funding round has propelled blockchain project Tempo to a $5 billion valuation. Led by Greenoaks and Thrive Capital, this investment underscores the growing […]
Tempo Raises $500 Million to Power the Future of Stablecoin Payments
Tempo has secured a significant $500 million funding round, positioning it as a major player in the stablecoin payments space. This injection of capital will allow Tempo to […]
Tempo Secures $500 Million Funding Round for Stablecoin Blockchain
Stripe-backed blockchain project Tempo has secured a significant $500 million investment in its latest funding round, signaling a substantial shift toward stablecoin infrastructure within the cryptocurrency space. Thrive […]
Japan Banks Plan Yen-Pegged Stablecoin Launch by 2025
Three major Japanese banks, MUFG, SMBC, and Mizuho, are set to launch a yen-pegged stablecoin in late 2025. This innovative project will utilize MUFG’s Progmat platform for issuance […]