Update (Oct. 18, 7:55 am UTC): This article was republished by Cointelegraph after confirming the accuracy of the press release concerning AED Stablecoin’s AE Coin in-principle approval from the ...
Paxos, one of GDN's initial partners, will issue the new stablecoin Kraken said it is 'proud' to be part of the movement toward 'raising the bar on trust' The $USDG's ...
However, stablecoin adoption in the US has slowed in 2024 compared to global markets, according to an Oct. 17 report from Chainalysis. US markets have recorded a significant shift in stablecoin ...
Stablecoin market capitalization is almost back to its all-time high. That means there’s a lot of sidelined capital ready to be deployed when momentum picks up again, according to analyst Alice ...
Tether Holdings Ltd., the British Virgin Islands-incorporated operator of the largest stablecoin, said it posted net profit of $2.5 billion in the third quarter, largely driven by gains realized ...
Tether, a dollar-based stablecoin (USDT), has a market capitalization of over $120 billion. It is one of the most popular “cryptocurrencies” in the world, only topped by Bitcoin and Ether in ...
The USDG stablecoin is issued out of Singapore by Paxos, and is broadly in line with the Monetary Authority of Singapore's upcoming stablecoin framework. Income derived from USDG’s reserves will ...
The team is still working on ensuring that the stablecoin will be safe for consumers, a source said WLFI recently tapped stablecoin expert Rich Teo to lead its stablecoins and payments unit Tether ...
For the second time in less than a year, Circle Internet Financial Ltd. has increased the fees it charges to cash out holdings of its USDC stablecoin. Redemption of USDC via the Circle Mint ...
The Global Dollar Network is based around a new stablecoin called USDG, which will be issued out of Singapore by crypto platform Paxos. The token will be governed by a committee made of ...
Congress is divided on new stablecoin legislation. Senator Bill Hagerty (Republican-Tennessee) introduced a new stablecoin bill last week, which aims to bridge the divide that has stymied past ...
A consortium of financial technology and cryptocurrency companies including Robinhood, Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar. The aim of the ...