TUSD Stability Shaken by Large Selling Orders TrueUSD (TUSD), a stablecoin with a market cap exceeding $3.1 billion, experienced a temporary depeg on November 22. The…
Japan’s Regulatory Stance on Stablecoins In response to Japan’s proactive regulatory stance on stablecoins, the launch of USDC in Japan is highly anticipated. This development is…
Circle and SBI Holdings Introduce USD Coin (USDC) in Japan In a significant development for the cryptocurrency market, Circle Internet Financial Ltd. and SBI Holdings Inc.…
Bitcoin Price Continues to Rise The price of Bitcoin has increased by 1.5%, reaching $38,000 levels today. On-chain metrics suggest that bulls are gaining momentum and…
In crypto, Tether and DAI compete for dominance Two leading stablecoins in the crypto world, Tether and DAI, are competing to establish themselves as the top…
Coinbase Raises USDC APY to 6% Several Coinbase users have reported a significant increase in the interest rate for holding USD Coin (USDC) on the platform,…
The Move into Bitcoin Mining by Tether Tether, the issuer of the stablecoin USDT, is reportedly set to invest around $500 million within the next six…
The stablecoin market is still dominated by Tether (USDT) as it remains the go-to choice for traders and investors. This preference is due to its status…
“Paxos Receives Approval from Monetary Authority of Singapore for USD Stablecoin Launch“ Paxos, a well-known blockchain and tokenization infrastructure platform, has received in-principle approval from the…
