Tag: Stablecoin
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.
Kraken Says It Will Not Delist USDT in Europe
Reading time: < 1 minuteKraken has reassured its users that it will not delist the Tether stablecoin USDT in Europe and will continue to comply with all legal requirements.
Tether Teams Up with TON to Allow USDT-to-fiat Transactions
Reading time: < 1 minuteTransactions involving Tether’s USDT and Tether Gold (XAUt) on The Open Network (TON) are set to become more streamlined with the integration of the Oobit mobile payment app.
Stablecoin Supply At Highest Level in 2 Years
Reading time: < 1 minuteThe current total supply of USD-pegged stablecoins in the market indicates a return to its previous peak, driven by the increasing competition among new token issuances.
