Tag: Stablecoin
Coinbase Will Delist USDT
Reading time: < 1 minuteCoinbase has issued a warning to its users. The company has stated that it may remove stablecoins that do not comply with the Markets in Crypto-Asset Regulations (MiCA), including the popular Tether stablecoin (USDT).
Circle’s USDC Becomes First Stablecoin to Comply with Canada’s Regulations
Reading time: < 1 minuteUSDC issuer Circle has announced that its USD-pegged token has become the first of its kind to comply with upcoming listing rules laid out by Canada’s securities regulator.
New York Regulator to Approve Ripple’s RLUSD Stablecoin
Reading time: < 1 minuteThe New York Department of Financial Services (NYDFS) is considering granting approval to Ripple Labs’ RLUSD stablecoin as early as next week.
Tether Will Suspend Support for EURt
Reading time: < 1 minuteIn a statement released on November 27, stablecoin issuer Tether announced its decision to stop supporting its Euro-pegged stablecoin, EURt.
Tether Launches New an Asset Tokenization Service
Reading time: < 1 minuteTether announced on Thursday the launch of its asset tokenization service. This comes after months of teasing from CEO Paolo Ardoino.
Tether Moves 2 Billion USDT to Ethereum
Reading time: < 1 minuteOn November 6, stablecoin issuer Tether made a major announcement about a cross-chain swap. The company moved over 2 billion USDt from different blockchain networks to the Ethereum network.
Tether Surpasses 350 Million Users
Reading time: < 1 minuteTether, the issuer of the USDt stablecoin, on Monday announced that it had reached over 350 million users, a significant milestone since its launch in 2014.
Coinbase Plans to Delist Unauthorized Stablecoins in EU This Year
Reading time: < 1 minuteCrypto exchange Coinbase has announced its plans to remove any unauthorized stablecoins from its platform in the European Union by December, in order to comply with the EU’s Markets in Crypto Assets rules (MiCA).
Ethena Announces Launch of a Stablecoin Backed by BlackRock’s BUIDL
Reading time: < 1 minuteEthena has announced its plan to launch a new stablecoin named UStb, which will be backed by investments in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).
Robinhood and Revolut to Issue Their Own Stablecoins
Reading time: < 1 minuteRobinhood and Revolut, two large fintech companies, are considering entering the market for stablecoins.
