TUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance Boost
The surge follows Binance’s decision a week ago to eliminate the zero-fee trading discount on the platform except for the BTC-TUSD pair.
Stablecoins
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
What the Bank of England’s Stablecoins Regime Could Look Like
The Bank of England’s upcoming crypto regime would try to ensure that funds are returned to customers when certain crypto firms enter a crisis.
U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan
Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.
Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head
Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.
Circle Seeks to Register in France, Ramping Up European Play
The stablecoin issuer wants to expand European operations and prepare for new reserve requirements under the EU’s MiCA law.
Bitcoin and Stablecoins Will Bring Crypto Mass Adoption to Africa, Experts Say
The sentiment permeated talks and fireside chats at the 2023 Blockchain Africa Conference in Johannesburg, South Africa.
Bitcoin Is Benefiting From Crypto’s Flight to Quality: Matrixport
Investors are shifting into bitcoin from stablecoins as well as more volatile cryptocurrencies, the report said.
KuCoin Has Closed a $10M Funding Round Into CNHC. But Is the Offshore Yuan Right for a Stablecoin?
Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round.
Vitalik Buterin-Named Wallet Sent 500 Ether to Mint RAI, Buy USDC Amid Depegging
USDC depegged over the weekend to 89 cents, and a Buterin-labeled wallet may have bought the dip.