Stablecoin

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…

2 years 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.…

2 years 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…

2 years 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…

2 years 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…

2 years 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…

2 years ago

Hong Kong Now Required License For Stablecoin As HKMA Rejects Algorithmic Ones

Key Points: Hong Kong regulators stated that it will establish a framework to regulate stablecoins, which are cryptocurrencies whose value…

2 years ago

Fantom Blockchain To Release Version 2 of fUSD Stablecoin

Key Points: Fantom intends to release version 2 of its fUSD stablecoin to give builders, partners, and consumers a more…

2 years ago

Moody’s Works Scoring System For 20 Stablecoins

Key Points: As the stablecoin asset class expands and comes under more and more regulatory and investor scrutiny, Moody’s is…

2 years ago

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