Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
Stablecoin
Tether to Stop Minting Stablecoin USDT on Algorand and EOS
The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply.
Paxos Unveils Yield-Generating Stablecoin Lift Dollar
USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Will the USDC outperform USDT in 2024?
The stablecoin Circle USD (USDC) has been growing in market share and approaching the undisputed leader, Tether USD (USDT). Ongoing … Continue reading
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Philippines’ Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market
Philippines’ central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week.
SEC labels Ripple’s planned stablecoin as an ‘unregistered crypto asset’ in court filings
The US Securities and Exchange Commission (SEC) has targeted Ripple‘s proposed stablecoin in its latest court filing against the company. … Continue reading
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What Visa’s ‘Organic’ Stablecoin Report Misses
Visa headquarters in Foster City, California. (Wonderlane/Creative Commons)
Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.
Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M
The startup is one of the first to build tokenized tech for Bitcoin’s Runes era.
Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday “We are on our way to getting a stablecoin bill in the short run.”