Browsing Tag
stablecoin
88 posts
USDC Stablecoin Issuer Negotiates in Binance SEC Lawsuit
USDC issuer Circle recently submitted a filing advocating for stablecoins. The firm contended that this particular asset niche…
Hong Kong Expects Stablecoin Regulation by 2024
According to one lawmaker, Hong Kong expects to have stablecoin regulations released by 2024. Specifically, Duncan Chiu has…
Ethereum-based TRYB Emerges As Second-Largest Non-Dollar Stablecoin
In recent years, the Turkish lira has gained notoriety for its volatility among fiat currencies. This has further…
Binance to End BUSD Support by February 2024
Binance recently announced that it will ”gradually” end support for its native BUSD stablecoin. The world’s top exchange…
USDC Embarks on Multi-Chain Journey: Debuting on Base, Polygon, and More
USDC has been in the headlines recently due to Coinbase. The cryptocurrency exchange had also recently acquired a…
PayPal’s Stablecoin PYUSD Can Succeed Where Facebook Failed
PayPal recently stepped into the stablecoin market with the launch of PYUSD. The company became the second big…
Circle (USDC) Leverages $1 Billion Reserves Amid Shrinking Market Share
Distinct from conventional cryptocurrencies characterized by their price fluctuations, stablecoins are deliberately created to uphold a consistent value…
Stablecoin Market to Grow From $125 Billion to $3 Trillion: Bernstein
Over the past few days, a host of major developments with respect to stablecoins have taken place. PayPal…
US Congressman Calls Stablecoins a ‘Pillar’ of Payment System
US Congressman Patrick McHenry has released a statement calling the stablecoin a “pillar of our 21st-century payment system.”…
PayPal Enters Stablecoin Realm With PYUSD
In one of its most recent reports, payment giant PayPal unveiled the launch of its stablecoin. According to…