Stablecoin

Tether Has Over 50% Of The Stablecoin Market, The Highest In 14 Months

Key Points: Tether (USDT) is once again consolidating as crypto's preferred pegged asset, with its stablecoin market share approaching 50%.…

2 years ago

PayPal Suspends Its Upcoming Launch Of Stablecoin Amid Paxos Investigation

Key Points: Bloomberg claimed that PayPal had halted work on its stablecoin due to increased regulatory scrutiny. The news came…

2 years ago

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…

2 years 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…

2 years 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…

2 years 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…

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

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