Tag: Stablecoin
Agora-Backed AUSD Stablecoin is Live on Sui
Reading time: 2 minutesGrand Cayman, Cayman Islands, 5th September 2024, Chainwire
Tether Intends to Launch a Stablecoin Pegged to UAE’s Dirham
Reading time: < 1 minuteTether yesterday announced that it plans to launch a new stablecoin linked to the United Arab Emirates’ dirham.
Tether Mints $1B USDT on Tron’s Blockchain
Reading time: < 1 minuteStablecoin issuer Tether has minted another 1 billion USDT tokens on the Tron network.
Tether Launches its Stablecoin USDT on Aptos Blockchain
Reading time: < 1 minuteTether has announced the launch of its USDT stablecoin on the Aptos blockchain. This expansion aims to increase USDT’s accessibility and utility globally.
Circle Suggests Risk-based Capital Management Model for Stablecoins
Reading time: < 1 minuteThe white paper “Risk-based Capital for Stable Value Tokens,” was recently released by Circle, the company behind the USD Coin stablecoin.
USDT and USDT’s Supply Grow $3B
Reading time: < 1 minuteIn just one week, the supply of the two top stablecoins, Tether’s (USDT) and Circle’s (USDC), has increased by almost $3 billion.
Tether Plans to Double its Staff Next Year
Reading time: < 1 minuteTether is planning to double its workforce by mid-2025, with a specific focus on expanding its compliance team.
BIS and BoE: Stablecoin Balance Sheets Can Be Supervised
Reading time: < 1 minuteA report released on Wednesday by the Bank for International Settlements (BIS) and the Bank of England (BoE) has revealed that they have successfully developed a system to supervise asset-referenced stablecoins.
SEC to Drop its Investigation into Paxos
Reading time: < 1 minuteThe SEC has announced its decision to end its investigation into Paxos, the issuer of stablecoins, and will not pursue any enforcement action against them.
Circle Obtains Approval to Issue Stablecoins Under MiCA Regulation
Reading time: < 1 minuteCircle yesterday announced that it has officially registered as an electronic money institution (EMI) in France.