Russia is considering the development of its own stablecoins following a recent action by Tether to block wallets linked to Russian exchanges.
Notably, the issuer...
The US SEC has confirmed that most stablecoins are not securities as bills seeking clear regulation for the asset class gain momentum.
The US Securities...
TRON founder Justin Sun accuses First Digital Trust (FDT), the issuer of FDUSD stablecoin, of being completely insolvent and unable to fulfill redemption requests.
Sun...
Dante Disparte, Circle's Chief Strategy Officer, publicly endorses the STABLE Act ahead of the House Committee on Financial Services markup.
In a statement on Tuesday,...
The highly anticipated launch of the Wyoming stablecoin might happen in the early phase of this year's second half.
Mark Gordon, the Governor of Wyoming,...
Prominent asset manager Fidelity is set to rival stablecoin giants Tether and Circle with a stablecoin of its own.
Stablecoins are widely regarded as crypto's...
Custodia Bank is venturing into the stablecoin business.
On Tuesday, March 25, Custodia Bank disclosed that it had collaborated with Vantage Bank to tokenize U.S....
President Donald Trump looks set to take on crypto behemoths Tether and Circle through his decentralized finance project World Liberty Financial (WLFI).
The project has...
The U.S. crypto industry is moving a step closer to having stablecoin regulation signed into law as the Senate Banking Committee approves the GENIUS...
Stablecoins are witnessing a massive surge in supply, and this trend could be beneficial for Bitcoin and the crypto market in the long term.
Blockchain...
Bank of America (BofA), the second largest bank in the United States, has hinted at plans to roll out its USD-backed stablecoin.
Brian Moynihan, the...
Standard Chartered Bank, HKT, and Animoca Brands are establishing a joint venture to issue a Hong Kong dollar-backed stablecoin.
According to a press release today,...
The stablecoin market has grown in valuation recently, and this could be bullish for Bitcoin and other risk assets.
The stablecoin market has expanded significantly...
The European Union's crypto regulatory framework MiCA goes into full force, heralding significant changes for the industry.
Major events like the ICO boom and the...
Reputable figures in the XRP community believe that Ripple could be inclined to issue a Euro-based stablecoin amid MiCA regulatory restrictions.
This idea was first...
Circle, the second-largest stablecoin issuer, has launched the EURC stablecoin on the Base blockchain, one of the first stablecoins to meet the MiCA regulation.
The...
Ripple CEO Brad Garlinghouse expresses confidence in the company’s upcoming stablecoin prospects, including the likelihood for the token to gain a significant share of...
