Stablecoins
Focuses on the role, mechanics, and market impact of stablecoins within the financial ecosystem.
Tether Offers Drift Protocol $127M to Cover Hack Losses
In April, Drift Protocol was hacked, losing $295.7 million. Despite the funds converting to USDC, Circle did not freeze them.…
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Western Union Tests Stablecoin Payments for Global Transactions
Western Union is testing stablecoin solutions to speed up transactions, improve transparency, and cut costs. The GENIUS Act now regulates…
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Tether Invests $100M in Adecoagro Agriculture Stocks
Tether invests $100 million in Adecoagro, acquiring 9.8% of shares, becoming a top three shareholder.…
Top Japanese Banks to Test Cross-Border Stablecoin Platform
Japan's top banks—MUFG, SMBC, and Mizuho—will test Project Pax, a platform for cross-border stablecoin transfers…
Tether Partners with Reku to Expand in Indonesia Market
Tether partners with Indonesian crypto exchange Reku to boost financial literacy, planning educational events across…
Tether CEO: Durov’s Arrest Raises Serious Concerns
"Telegram founder Pavel Durov's arrest leads to a 15% drop in Toncoin and raises free…
Wyoming to Launch Own Stablecoin in 2025
Wyoming will launch a state-backed stablecoin pegged to the US dollar in 2025, supported by…
Tether Rules Out Launching Its Own Blockchain: Ardoino
Tether's CEO Paolo Ardoino announced no plans for a proprietary blockchain, citing market saturation and…
Tether to Launch Dirham-Pegged Stablecoin Soon
Tether plans to launch a stablecoin pegged to the UAE Dirham (AED), partnering with Phoenix…
Tether Issues $33B in USDT on Ethereum, TRON in 2023
Tether authorized the issuance of 1 billion USDT on TRON, contributing to a total of…
Tether Adds USDT Support on Aptos Network
Tether has announced the integration of its stablecoin USDT with the Aptos blockchain network, aiming…
Tether CEO: MiCA Regulation Threatens Stablecoins
Tether CEO Paolo Ardoino criticizes the European MiCA regulations, which mandate stablecoin issuers to hold…