News March 24, 2023 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.
News March 22, 2023 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.
News March 21, 2023 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.
News March 20, 2023 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.
News March 17, 2023 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.
News March 15, 2023 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.
News March 14, 2023 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.
News March 13, 2023 Smart Money Staying Put as USDC Remains Off-Peg Data from Nansen shows that the total amount held by smart money wallets, and active addresses, are at multi-month lows.
News March 11, 2023 DAI Depegs to Lifetime Lows as Stablecoin Rout Plagues Crypto MakerDAO’s decentralized stablecoin hits an all-time low of 0.88 cents.
News March 6, 2023 Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.