Easy Crypto, a crypto exchange based in New Zealand, and Labrys, an Australian blockchain firm, have jointly launched a new stablecoin pegged to the New Zealand dollar. Named NZDD, the...Read More
Blockchain infrastructure firm Paxos has received preliminary approval from the Monetary Authority of Singapore (MAS) for its new entity, Paxos Digital Singapore. With this in-principal approval, Paxos Digital Singapore is...Read More
The Bank of England (BoE) and the UK’s financial regulator have jointly introduced plans to regulate stablecoins through discussion papers released on Monday. The regulatory measures primarily target sterling-denominated stablecoins,...Read More
According to a new research report from the Bank for International Settlements (BIS), fiat-backed stablecoins are deemed “not a safe store of value.” The report indicates that from January 2019...Read More
Recent on-chain data shows a substantial increase in the total supply of stablecoins, which has coincided with a significant rally in the price of Bitcoin (BTC). This growth in the...Read More
The tax authority in Brazil has reported a significant surge in the country’s trading volume of Tether (USDT) since 2021. Tether, among its stablecoin peers, has gained notable traction, even...Read More
Rune Christensen, the founder of MakerDAO, has suggested to its community the idea of unlinking Maker (MKR)’s stablecoin, DAI, from the USD and possibly, albeit gradually, aligning it with ethereum...Read More
On October 21, Tether’s USDT stablecoin achieved a significant landmark by crossing a supply of $84 billion. According to data from Messari, there’s been an approximately $1 billion surge week-over-week,...Read More
SC Ventures, the venture capital branch of Standard Chartered Bank, in collaboration with the renowned German bank, Deutsche Bank, have successfully completed the first stablecoin swaps on the Universal Digital...Read More
Circle, the entity behind issuing stablecoins, has intervened in the ongoing legal dispute between the Securities and Exchange Commission (SEC) and the prominent cryptocurrency exchange, Binance. In an amicus curiae...Read More
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