Markets remain sensitive to stablecoin stability. In May 2022, Terraform Labs’ algo stablecoin TerraUSD (UST) lost its peg to the US dollar, sending the total crypto market cap below $1 billion ...

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 ...

Stripe partners with Paxos to launch a stablecoin payments platform Paxos’ platform supports PYUSD, USDC, and USDP for instant conversions The initiative aims to cut costs and expand businesses’ ...

“The Frankfurt-listed company, whose main shareholder is stablecoin issuer Tether Holdings Ltd., would use proceeds from the sale of Peak Mining to focus on its AI solutions unit. This development ...

Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion deal, according to TechCrunch founder Michael Arrington. Stripe’s largest acquisition to date, and the largest ...

In August 2024, Ripple started testing its stablecoin Ripple USD (RLUSD). Significantly, Ripple stated that it had not received regulatory approval, and RLUSD was not available to purchase or trade.

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 ...

Tether is preparing to launch a dirham-pegged stablecoin through partnerships with local firms. OKX has launched a trading platform in the UAE, securing a full license for retail and institutional ...

Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes. The talks are reportedly in advanced stages, although nothing has been finalized.

The stablecoin transfer solution for cross-border settlements will be available 24/7 SCB said the initiative further demonstrates the bank's commitment to leveraging cutting-edge technology ...