Stablecoin News

So investors hesitate to invest in crypto because of the fluctuations. If you are one of them, Stablecoin is the answer. Stablecoins are a cryptocurrency without volatility. They share the same power as crypto but their growth is not that fast. They are just like the traditional currencies like USD etc. Read the latest update of the coin on CoinGape. The most trusted platform for blockchain and cryptocurrency news.
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USDC Parent Circle Announces Custody Partnership With New York Bank
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USDC Parent Circle Announces Custody Partnership With New York Bank
News

Just In: USDC Parent Inks Major Pact With New York Bank

Circle, the issuer of USD Coin stablecoin, on Tuesday said it entered a custody partnership with New York Community Bancorp. Under the agreement, New York Community Bank will become a custodian for USDC stablecoin. The move is part of Circle Impact, an initiative to improve financial inclusion. It aims at distributing a share of USDC

Varinder Singh June 28, 2022

Circle, the issuer of USD Coin stablecoin, on Tuesday said it entered a custody partnership with New York Community Bancorp. Under the agreement, New York Community Bank will become a custodian for USDC stablecoin. The move is part of Circle Impact, an initiative to improve financial inclusion. It aims at distributing a share of USDC

Stablecoins Move Heavily To Exchanges As Tether Exec Claims End Of Algorithmic Coins
News
Stablecoins Move Heavily To Exchanges As Tether Exec Claims End Of Algorithmic Coins
News

Are Hedge Funds Planning USDT Dump? Tether CTO Responds To Rumors

The Chief Technology Officer at Tether, Paolo Ardoino today addressed what he called “open and coordinated” attacks by some hedge funds on USDT. This, he explained, is being done in a bid to spread another wave of FUD following the collapse of TERRA/LUNA. Ardoino says attackers will not succeed USDT’s position as the number one

Abigal Vee June 28, 2022

The Chief Technology Officer at Tether, Paolo Ardoino today addressed what he called “open and coordinated” attacks by some hedge funds on USDT. This, he explained, is being done in a bid to spread another wave of FUD following the collapse of TERRA/LUNA. Ardoino says attackers will not succeed USDT’s position as the number one

Tether
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Tether
News

Breaking: Tether Unveils New Stablecoin GBP₮ Pegged to the British Pound

Amid the crypto market turmoil, stablecoin issuer Tether continues to expand its market presence. The world’s largest stablecoin operator is now looking to enter the British market with a new stablecoin GBP₮, pegged to the British Sterling Pound. This is the fifth stablecoin from Tether pegged to a fiat currency. So far, apart from the

Bhushan Akolkar June 22, 2022

Amid the crypto market turmoil, stablecoin issuer Tether continues to expand its market presence. The world’s largest stablecoin operator is now looking to enter the British market with a new stablecoin GBP₮, pegged to the British Sterling Pound. This is the fifth stablecoin from Tether pegged to a fiat currency. So far, apart from the

stablecoin-USDT-USDC
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stablecoin-USDT-USDC
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Circle’s USDC Surpasses Tether’s USDT, Here’s How

Circle’s stablecoin USDC has overtaken Tether’s USDT for the first time in the number of daily transactions on Ethereum, Nansen.AI CEO Alex Svanevik highlighted on Twitter. This news is the latest in a series of bad events for Tether. USDT still holds the lead in market value and daily trading volume. However, there is growing

Nidhish Shanker June 20, 2022

Circle’s stablecoin USDC has overtaken Tether’s USDT for the first time in the number of daily transactions on Ethereum, Nansen.AI CEO Alex Svanevik highlighted on Twitter. This news is the latest in a series of bad events for Tether. USDT still holds the lead in market value and daily trading volume. However, there is growing

tron USDD stablecoin
Stablecoin News
tron USDD stablecoin
Stablecoin News

As USDD Depeg Deepens, What Is Justin Sun’s Plan?

The Tron ecosystem had a major blow last week when the USDD stablecoin lost its $1 peg. This led to concerns among traders as USDD was launched last month as a rival to Terra’s UST, an algorithmic stablecoin. Another depegging of a similar asset also meant that TRX’s price also dropped for a bit therafter.

Anvesh Reddy June 20, 2022

The Tron ecosystem had a major blow last week when the USDD stablecoin lost its $1 peg. This led to concerns among traders as USDD was launched last month as a rival to Terra’s UST, an algorithmic stablecoin. Another depegging of a similar asset also meant that TRX’s price also dropped for a bit therafter.

USDC Parent Circle Announces Custody Partnership With New York Bank
News
USDC Parent Circle Announces Custody Partnership With New York Bank
News

Data Suggests USDC May Soon Replace USDT As Stablecoin Favorite

On-chain data analytics site Glassnode disclosed today that world’s second largest stable coin USDC is gaining traction as crypto investors seem to prefer it over USDT. This is evidenced in the total number of supply the coin gained from last month alone. USDC seems to be coming for USDT’s position As of January 2021, USDC

Abigal Vee June 19, 2022

On-chain data analytics site Glassnode disclosed today that world’s second largest stable coin USDC is gaining traction as crypto investors seem to prefer it over USDT. This is evidenced in the total number of supply the coin gained from last month alone. USDC seems to be coming for USDT’s position As of January 2021, USDC

Stablecoin
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Stablecoin
News

Magic Internet Money (MIM) Stablecoin Depegs Amid Insolvency FUD

Magic Internet Money (MIM), the native token of the Abracadabra DeFi platform, is the latest stablecoin to lose its peg as crypto markets unwind. MIM, which is the 42nd largest stablecoin by market capital, has dropped 7% in the past 24 hours, and is trading around $0.9456. The de-pegging comes amid a sharp decline in

Ambar Warrick June 18, 2022

Magic Internet Money (MIM), the native token of the Abracadabra DeFi platform, is the latest stablecoin to lose its peg as crypto markets unwind. MIM, which is the 42nd largest stablecoin by market capital, has dropped 7% in the past 24 hours, and is trading around $0.9456. The de-pegging comes amid a sharp decline in

Do Kwon
Stablecoin News
Do Kwon
Stablecoin News

Breaking: S. Korea Probe Tightens Noose Around Do Kwon Probe

In the middle of various legal encounters and regulatory pressure, the situation around Terra continues to only worsen. The company has attracted multiple cases of legal scrutiny both in the U.S. and South Korea. Ever since Terra network’s crash last month, regulatory measures around Do Kwon probe had intensified. Korea Prosecutors Seize Terra Tax Data

Anvesh Reddy June 15, 2022

In the middle of various legal encounters and regulatory pressure, the situation around Terra continues to only worsen. The company has attracted multiple cases of legal scrutiny both in the U.S. and South Korea. Ever since Terra network’s crash last month, regulatory measures around Do Kwon probe had intensified. Korea Prosecutors Seize Terra Tax Data

Terra's hard fork plans were criticized on Twitter
Stablecoin News
Terra's hard fork plans were criticized on Twitter
Stablecoin News

Breaking: SEC’s Latest Terra Probe Reveals Shocking Details

Amidst a separate investigation by the South Korean police over Terra’s embezzlement of funds, a fresh probe is in the offing. On Tuesday, a Terraform Labs employee was arrested by the Seoul Metropolitan Police Agency for stealing 80 Bitcoin. Shocking Probe On Money Laundering By Terra According to a report by South Korean portal Naver,

Anvesh Reddy June 9, 2022

Amidst a separate investigation by the South Korean police over Terra’s embezzlement of funds, a fresh probe is in the offing. On Tuesday, a Terraform Labs employee was arrested by the Seoul Metropolitan Police Agency for stealing 80 Bitcoin. Shocking Probe On Money Laundering By Terra According to a report by South Korean portal Naver,

stablecoin-USDT-USDC
Stablecoin News
stablecoin-USDT-USDC
Stablecoin News

Breaking: Biggest Regulatory Action On Stablecoin Security

After the Terra crash erupted last month, all the focus was on stablecoins. Many people called for regulatory control over this category of cryptocurrencies. On Wednesday, a step forward on stablecoin regulation came in the form of regulatory guidance from a New York regulator. Foundational Criteria For Regulating Stablecoins Adrienne Harris, superintendent of the New

Anvesh Reddy June 9, 2022

After the Terra crash erupted last month, all the focus was on stablecoins. Many people called for regulatory control over this category of cryptocurrencies. On Wednesday, a step forward on stablecoin regulation came in the form of regulatory guidance from a New York regulator. Foundational Criteria For Regulating Stablecoins Adrienne Harris, superintendent of the New

TRON TRX
Stablecoin News
TRON TRX
Stablecoin News

Breaking: USDD Breaks Highest Collaterization Record Amid Stablecoin Fears

Amidst all the turbulence surrounding stablecoins over the last one month, Tron’s USDD continues to make significant strides. Ever since it was launched exactly a month ago, the stablecoin reached some key milestones. USDD Has Highest Collateral Ratio The TRON DAO Reserve said it upgraded USDD to the ‘first over-collateralized decentralized stablecoin’. With the highest

Anvesh Reddy June 5, 2022

Amidst all the turbulence surrounding stablecoins over the last one month, Tron’s USDD continues to make significant strides. Ever since it was launched exactly a month ago, the stablecoin reached some key milestones. USDD Has Highest Collateral Ratio The TRON DAO Reserve said it upgraded USDD to the ‘first over-collateralized decentralized stablecoin’. With the highest

Terra 2.0 testnet goes live
Stablecoin News
Terra 2.0 testnet goes live
Stablecoin News

Yet Another Probe Into Crypto Firms In S. Korea Over Terra Collapse

The aftermath of the Terra network crash saw a big shift in regulatory action in the crypto industry. With several countries in the process of tightening the noose against crypto wrongdoings, the action appears to be coming sooner that it was thought, which started with South Korea Terra probe. South Korea Targets Crypto Payment Firms

Anvesh Reddy June 4, 2022

The aftermath of the Terra network crash saw a big shift in regulatory action in the crypto industry. With several countries in the process of tightening the noose against crypto wrongdoings, the action appears to be coming sooner that it was thought, which started with South Korea Terra probe. South Korea Targets Crypto Payment Firms

Do kwon terra luna
Stablecoin News
Do kwon terra luna
Stablecoin News

Breaking: Terra Insider Blames Do Kwon Of Rising Through ‘Nepotism’

Although Terra chief executive officer Do Kwon launched the new Luna 2.0, the project seems to have lost its trust. Even the launch of the new blockchain came amid much debate on Do Kwon investment after the crash wiped out billions of investor funds. ‘Kwon’s Tricks & Shortcuts’ It was in 2016 that Kwon’s name

Anvesh Reddy June 3, 2022

Although Terra chief executive officer Do Kwon launched the new Luna 2.0, the project seems to have lost its trust. Even the launch of the new blockchain came amid much debate on Do Kwon investment after the crash wiped out billions of investor funds. ‘Kwon’s Tricks & Shortcuts’ It was in 2016 that Kwon’s name

Do Kwon Terra lawsuit
Stablecoin News
Do Kwon Terra lawsuit
Stablecoin News

Do Kwon Imprisonment? Here’s Reality Behind Lawsuit On Terra Crash

Even as the South Korean government escalate investigations over Do Kwon and the Terra crash, looking deeper into legal aspects reveal interesting facts. Do Kwon and the Terraform Labs are facing lawsuits and tax evasion charges have been filed against Do Kwon and Terraform Labs. The country’s authorities have also planned to introduce a digital

Anvesh Reddy June 2, 2022

Even as the South Korean government escalate investigations over Do Kwon and the Terra crash, looking deeper into legal aspects reveal interesting facts. Do Kwon and the Terraform Labs are facing lawsuits and tax evasion charges have been filed against Do Kwon and Terraform Labs. The country’s authorities have also planned to introduce a digital

Terra Launches Bridge V2 On Mainnet For Cross-Chain Transfer, LUNA Falls 8%
Stablecoin News
Terra Launches Bridge V2 On Mainnet For Cross-Chain Transfer, LUNA Falls 8%
Stablecoin News

What Is Terra LUNA 2.0, Here’s All You Need To Know

The Terra team made the much awaited announcement for Terra Luna 2.0 launch on Saturday. The team activated the Terra 2.0 Pheonix-1 mainnet by generating the first block on the blockchain network. What Is Terra 2.0 On May 25, Terra Classic users passed the governance proposal which outlined the genesis of a new Terra chain.

Anvesh Reddy May 29, 2022

The Terra team made the much awaited announcement for Terra Luna 2.0 launch on Saturday. The team activated the Terra 2.0 Pheonix-1 mainnet by generating the first block on the blockchain network. What Is Terra 2.0 On May 25, Terra Classic users passed the governance proposal which outlined the genesis of a new Terra chain.

Stablecoins a contentious topic for regulators
Stablecoin News
Stablecoins a contentious topic for regulators
Stablecoin News

Tron Stablecoin Reaches Key Milestone Amid Bearish Trends

Amid uncertainty over the reliability of stablecoins and bearish trends in the crypto market, one stablecoin continues to shine. The recent meltdown of Terra ecosystem brought to the fore the trustworthiness of various stablecoin projects, including the USDD stablecoin. Meanwhile, the Terra ecosystem is preparing for migration to Terra 2.0 and the LUNA airdrop. After

Anvesh Reddy May 28, 2022

Amid uncertainty over the reliability of stablecoins and bearish trends in the crypto market, one stablecoin continues to shine. The recent meltdown of Terra ecosystem brought to the fore the trustworthiness of various stablecoin projects, including the USDD stablecoin. Meanwhile, the Terra ecosystem is preparing for migration to Terra 2.0 and the LUNA airdrop. After

Terra 2.0 testnet goes live
Stablecoin News
Terra 2.0 testnet goes live
Stablecoin News

Just In: Polygon Launches Huge Fund For Terra Migration, Here’s Why

After the official passing of Terra revival plan earlier on Tuesday, a new development could further help the community. The new Terra 2.0 blockchain will be officially launched on May 27, while Polygon announced a fund to help Terra migration. Meanwhile, Polygon announced it launched a multi-million dollar fund to help developers on Terra blockchain.

Anvesh Reddy May 25, 2022

After the official passing of Terra revival plan earlier on Tuesday, a new development could further help the community. The new Terra 2.0 blockchain will be officially launched on May 27, while Polygon announced a fund to help Terra migration. Meanwhile, Polygon announced it launched a multi-million dollar fund to help developers on Terra blockchain.

Terra 2.0 set to launch this week
Stablecoin News
Terra 2.0 set to launch this week
Stablecoin News

Hard Fork Vs Genesis Chain: Terra Team Clears Air Around Debate

In an effort to clear confusion over the amended Terra Ecosystem Revival Plan 2, the Terra team on Monday gave an explanation. Following the recent collapse, the Terra ecosystem has been trying to come up with a revival plan. As part of this, Terra had last week published an amendment to the proposal and made

Anvesh Reddy May 24, 2022

In an effort to clear confusion over the amended Terra Ecosystem Revival Plan 2, the Terra team on Monday gave an explanation. Following the recent collapse, the Terra ecosystem has been trying to come up with a revival plan. As part of this, Terra had last week published an amendment to the proposal and made

Terra 2.0 opposed by major South Korean exchanges
Stablecoin News
Terra 2.0 opposed by major South Korean exchanges
Stablecoin News

Just In: S. Korea Police Seek To Guard LUNA Assets

Even as the South Korean authorities try to probe the disastrous Terra crash, a new development took place in this regard on Monday. The latest action appears to be a cautious move to prevent any further loss of Terra funds and investor money. The South Korean police have reportedly taken measures to freeze the Luna Foundation

Anvesh Reddy May 23, 2022

Even as the South Korean authorities try to probe the disastrous Terra crash, a new development took place in this regard on Monday. The latest action appears to be a cautious move to prevent any further loss of Terra funds and investor money. The South Korean police have reportedly taken measures to freeze the Luna Foundation

paypal-market-share
Bitcoin News
paypal-market-share
Bitcoin News

PayPal May Soon Accept All Forms Of Crypto Reveals Vice-President

PayPal, known globally for being one of the world’s leading online payment systems, would soon accept all forms of crypto and blockchain services. This was made known by Richard Nash, the company’s vice president. Nash’s Notable Revelation Speaking today, in an exclusive statement to Cointelegraph at the World Economic Forum, Nash revealed the latest development

Sunil Sharma May 23, 2022

PayPal, known globally for being one of the world’s leading online payment systems, would soon accept all forms of crypto and blockchain services. This was made known by Richard Nash, the company’s vice president. Nash’s Notable Revelation Speaking today, in an exclusive statement to Cointelegraph at the World Economic Forum, Nash revealed the latest development