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 ...

The collateral must be held by a custodian and audited regularly to guarantee redemption of the stablecoin tokens. Tether is the most popular stablecoin, pegged at par to the U.S. dollar and ...

Oct 15 (Reuters) - Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar on Tuesday, looking to disrupt a market in which the top two incumbents account for nearly 90% of the value.

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 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 ...

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 ...

CHICAGO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Zero Hash, the leading crypto and stablecoin infrastructure platform, today announced its partnership with Coinstar®, LLC, a global financial services ...

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 ...