National Australia Bank Completes First Ever Cross-border Stablecoin Transaction
Regulators worldwide are putting plans in place to regulate a significant class of cryptocurrencies, stablecoins. Australia ...
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Tag: Stablecoin
Circle Says $3.3B USDC Reserve Risk Removed As Dollar Peg Closes
$3.3 billion of USDC Reserve that was held by Silicon Valley Bank is now 100% secure ...
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$USDC Loses Its Peg And Then Finds It Again – Will Avert UST’s Fate?
USDC lost its 1:1 peg to the US dollar as a result of the closure of ...
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Co-founder Of BitMex, Arthur Hayes, Proposes A Bitcoin-based Stablecoin
Arthur Hayes proposed the creation of NakaDollar (NUSD), a BTC-based stablecoin. NUSD is an attempt to ...
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Top Japanese Banks Start A Stablecoin Pilot
Japanese banks Tokyo Kiraboshi Financial Group, The Shikoku Bank, and Minna no Bank to experiment with ...
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WSJ Report Finds that Tether Used Fake Documents to Open Bank Accounts
Tether is the company behind the most widely traded stablecoin, USDT. The WSJ reported that Tether ...
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Binance Bolsters USDC Holdings as BUSD Market Cap Declines
According to Nansen journalist Martin Lee, Binance has been investing more of the USD Coin, up ...
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Canadian Regulators Introduce Stringent Regulations for Stablecoin Platforms
Stablecoin firms without written consent from the CSA will be banned from operating in Canada. The ...
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How Stable is Stable? The SEC Now Targets Paxos’ BUSD
The New York Department of Financial Services (NYDFS) ordered The Paxos Trust Company (a blockchain infrastructure ...
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The Unusual Crew Behind Tether, Crypto’s Pre-Eminent Stablecoin
A stablecoin worth $68 billion is controlled by Tether Holdings Ltd. at the center of the ...
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