Tag: stablecoin
Circle Burns 150 Million USDC Tokens in Significant Blockchain Transaction
Circle, the issuer of USD Coin (USDC), has recently burned 150 million USDC tokens, equivalent to around $150 million. Whale Alert, a blockchain alert [...]
Tether to Discontinue Support for USDT on EOS and Algorand
Tether Inc, the issuer of the largest stablecoin by volume, USDT, has announced that it will cease issuing the stablecoin on the EOS and Algorand bloc [...]
Chris Giancarlo Joins Paxos Board to Bolster Financial Innovation
Paxos, a well-known stablecoin issuer, has just taken a bold step to strengthen its leadership by putting former Commodity Futures Trading Commission [...]
Tether Achieves Record $4.52 Billion Profit in Q1 2024 Amid Crypto Market Growth
During the first quarter of 2024, Tether, one of the top stablecoin issuers, recorded a spectacular profit of $4.52 billion, the company's statement o [...]
Ripple Eyes Higher Ground: Garlinghouse Unveils Stablecoin Strategy at Paris Blockchain Week
Paris Blockchain Week (PBW) is a week-long event showcasing exhibitions, keynotes, workshops, and networking events in the heart of Paris. Ripple CEO, [...]
Ripple to Launch USD Stablecoin, XRP Targets $1 Amid Legal Storm
Amid regulatory challenges and legal battles, Ripple announces the launch of a USD-backed stablecoin, propelling XRP's momentum.
READ ALSO: Ripple [...]
USDC to Launch on 6 New Blockchains This Fall
Coinbase and Circle issued a joint statement on August 21 which revealed that the USDC stablecoin will be launching on 6 additional blockchains. This [...]
What is Tether (USDT)
Fiats, Stablecoins, Tether, and How it Works. Perhaps the biggest problem with cryptocurrency is its volatility—how much it fluctuates makes it so har [...]
Stablecoin Rules Could Be Passed By The End of The Year
Some issues that should be discussed by the stablecoin legislation were addressed on Thursday by Biden's Working Group on Financial Markets.
CoinDe [...]
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