Stablecoin

JPMorgan Prefers Deposit Tokens To Stablecoins For Commercial Bank Blockchains

Key Points: JPMorgan Chase and consultants Oliver Wyman examined the use of blockchain technology in commercial banking. This contrasts with…

1 year ago

Kraken Paid $30 Million Fine To SEC. The Storm Of Cryptocurrency Surveillance Is Landing?

Recently, the U.S. government has been taking active actions against crypto regulation, and the community is discussing it. Is the…

1 year ago

Cantor Fitzgerald Supposedly Oversees $39 Billion Of Tether’s Reserves

Key Points: Stablecoin issuer Tether (USDT) uses Cantor Fitzgerald to oversee its $39 billion bond portfolio. Due to its role…

1 year ago

PayPal Pauses Stablecoin Project Amid Paxos Investigation

Key Points: PayPal has suspended work on its stablecoin due to growing regulatory scrutiny. Paxos emphasizes consumer protection on its…

1 year ago

Stablecoin Issuer Tether Reports $700M Net Profit In Q4 2022

Key Points: Tether released its most recent attestation report, stating that its assets outweighed its liabilities as of December 2022.…

1 year ago

BIS Leads The Stablecoin Monitoring System Development Project In 2023

Key Points: To make sure issuers keep sufficient reserves, the Bank for International Settlements (BIS) is leading the construction of…

1 year ago

Thala’s MOD: A Universal Strong Stablecoin In The Move Ecosystem

By developing the Move-native stablecoin and liquidity layer, Thala is creating a decentralized stablecoin that can fuel the further iteration…

1 year ago

Membrane Finance Introducing EU-regulated Crypto Stablecoin EUROe Pegged 1:1 With Euro

Key Points: Finnish financial technology company Membrane Finance announced that it had issued EUROe, a stable currency linked to the…

1 year ago

Cardano (ADA) Based Stablecoin Djed Now Goes Live On Mainnet

Key Points: Djed is now officially launched on Cardano, following a successful security audit. DJED is pegged to USD, backed…

1 year ago

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