Brian Moynihan, CEO of Bank of America, revealed a plan for the financial institution to potentially launch stablecoins in the near future. According to Moynihan, legal approval from […]
MEXC Invests in Ethena Stablecoin, Fueling Competition in the USD Market
The cryptocurrency exchange MEXC has made a significant investment in Ethena’s USDe stablecoin. This move aligns with a broader strategy to boost stablecoin adoption and development within the […]
Bank of America to Launch USD-Pegged Stablecoin Amid Regulatory Uncertainty
Bank of America is set to enter the cryptocurrency market with the launch of a USD-pegged stablecoin, pending regulatory approval from U.S. lawmakers. The announcement was made by […]
Metro Department Store Embraces Stablecoin Payments for Seamless Transactions
Singapore’s Metro department store has partnered with DTCPAY to enable stablecoin payments across its physical stores and online platform, Metro Mall. This move brings four major stablecoins into […]
SEC Approves First Yield Stablecoin: A Major Shift in Crypto Regulation
The U.S. Securities and Exchange Commission (SEC) has paved the way for a new era in crypto with the approval of YLDS, the first interest-bearing stablecoin registered as […]
Tether CEO Argues Competitors Using Lawfare to Stifle Stablecoin Growth
Paolo Ardoino, CEO of Tether (USDT), has accused competitors of employing a strategy known as ‘lawfare’ to impede the growth of their stablecoin business. Ardoino believes these rivals […]
TRON Introduces Gas-Free USDT Transfers, Revolutionizing Stablecoin Transactions
TRON is taking a giant leap towards smoother and more cost-effective stablecoin transactions. The network will soon introduce gas-free transfers for Tether (USDT) starting next week. This innovation […]
Tether’s USDT Enables Gas-Free Transactions on Tron
Tron’s blockchain is getting a cost-saving boost for its users thanks to Tether’s new stablecoin integration. Tether’s USDT stablecoin will soon support commission-free transactions on the network, eliminating […]
SEC Approves First Yield Stablecoin: A Major Turning Point for Crypto?
The US Securities and Exchange Commission (SEC) has granted approval to YLDS, the first interest-bearing stablecoin officially registered as a security. This significant development marks a potential paradigm […]
Solana Launches Paxos Stablecoin USDG
Solana blockchain has announced the launch of its new stablecoin, USDG, backed by Paxos technology. This marks a significant milestone in the platform’s adoption as the total issuance […]
Tether CEO Alarmed by Proposed Stablecoin Bill Changes Threatening Its Dominance
A potential new bill aimed at regulating the stablecoin market could significantly impact Tether, with concerns arising about its influence and fairness. Paolo Ardoino, CEO of Tether, has […]
Reeve Collins Launches Pi Protocol: Challenging the Stablecoin Landscape
Reeve Collins, a prominent figure in the stablecoin industry, is poised to disrupt the market with his new project, Pi Protocol. Aiming to deliver a more decentralized and […]
SEC Approves First Yield Stablecoin: What This Means for Crypto
Figure Markets CEO Mike Cagney describes this as a
Tether CEO Claims Competitors Aim to
The EU’s MiCA regulations are raising concerns about potential risks for Tether’s business, according to Paolo Ardoino. He highlighted that banks can loan up to 90% of their […]
DFSA Grants Recognition to USDC & EURC as Stablecoins, Enabling New Financial Opportunities in Dubai
Dubai’s International Financial Centre (DIFC) has made a significant move by granting recognition to USDC and EURC as compliant stablecoins. This groundbreaking decision marks the first instance of […]