Bank of America, one of the largest financial institutions in the US, is planning to launch its own stablecoin, according to its …
Stablecoin
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Regulation
Kraken, Crypto.com among exchanges planning stablecoin launches in EU
by shayaanby shayaanKraken and Crypto.com are among crypto exchanges developing their own stablecoins in response to the EU’s new regulatory framework, which is set …
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Adoption
French banking giant SocGen’s unit to expand its euro-backed stablecoin to Stellar
by shayaanby shayaanFrench lender Societe Generale’s unit SG-FORGE launched its euro-backed stablecoin, EUR CoinVertible (EURCV), on the Stellar blockchain, expanding its multichain strategy and …
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Markets
Figure Markets Offers SEC-Registered Yield-Bearing Stablecoin as Tokenized Asset Demand Soars
by shayaanby shayaanDigital asset marketplace Figure Markets has launched YLDS, the first yield-bearing stablecoin registered as a public security offering with the U.S. Securities …
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Markets
Original Tether CEO Backing New Yield-Bearing Stablecoin to Rival USDT: Report
by shayaanby shayaanThe former CEO of stablecoin firm behemoth Tether is throwing his support behind a new USDT rival, according to Bloomberg. Tether co-founder …
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Finance
Gaming and Software Company Animoca Brands and Two Giant Companies Partner to Launch a New Stablecoin! Here Are the Details
by shayaanby shayaanStandard Chartered Bank, Animoca Brands, and HKT have announced a joint venture to develop and issue a Hong Kong dollar-backed stablecoin under …
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Markets
Stablecoin Giant Tether Acquires Minority Stake in Legendary Italian Football Club Juventus
by shayaanby shayaanTop stablecoin firm Tether is joining forces with one of the winningest football clubs in the world. According to a new announcement …
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Regulation
Tether CEO Paolo Ardoino Actively Working With US Lawmakers To Shape Stablecoin Laws: Report
by shayaanby shayaanThe chief executive of USDT stablecoin issuer Tether is reportedly working with US authorities to construct laws around dollar-pegged crypto assets. In …
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Scams
Coinbase Targets USDT Stablecoin Rival Tether With an $86 Billion ‘Stretch Goal’ for USDC
by shayaanby shayaanCoinbase CEO Brian Armstrong said Thursday that the crypto heavyweight is taking off its gloves for a renewed fight in the stablecoin …
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Regulation
Tether engages with US lawmakers on stablecoin regulatory framework, says CEO Paolo Ardoino
by shayaanby shayaanTether is working closely with US lawmakers to help shape upcoming stablecoin regulations, according to FOX Business journalist Eleanor Terret. Tether CEO …