Tags: Stablecoin

Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process.

Circle Files Amicus Brief in SEC‘s Binance Lawsuit, Says Stablecoins Are Not Securities

Crypto.com, PayPal and Paxos Partner for PayPal USD Integration – Here‘s What You Need to Know

Central bank digital currencies (CBDCs) could confer economic benefits if governments don‘t use them to cannibalize the commercial banking industry.

The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche.

The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings.

Binance Collaborates With Banking Giants to Launch Stablecoins in Japan

Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the issuance of Yen and other foreign currency-denominated stablecoins in Japan.

The community strongly backs stopping TerraClassicUSD (USTC) minting and reminting in favor of burning tokens to restore its US dollar peg.

Stablecoin Market Dominance Hits 18-Month Low: What‘s Driving Investors Away?

Attacker exploits system by minting unlimited LAAVE tokens, trading for LUSD on Linear Exchange.

Stablecoins have seen a 17-month decline as investors move to traditional assets. What needs to happen for the exodus to stop?

Bitcoin’s 150 gains over the last two years in Argentine pesos is no match for the country’s 300 inflation in the period.

A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA.

Tether said the new loans were made at the request of some of its long-standing partners, and it plans to cut it down to zero by 2024.

PYUSD is now available to select Venmo users, with a full rollout coming over the next few weeks.

The payments platform said PayPal USD will be “rolling out fully in the coming weeks” after announcing its launch on Venmo.

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.

In no region is Bitcoin more dominant than Sub-Saharan Africa, writes Chainalysis. But stablecoins are also catching up.

Coinbase’s CEO has become the latest ally of the DeFi space, calling for apt regulations of the ecosystem rather than enforcement action by regulatory bodies.