Holders burn over two billion USDC tokens in a single day
In a significant move for the cryptocurrency market, over two billion USDC stablecoin tokens were burnt in a...
Stablecoin
Stablecoin
NAB joins the list of major financial institutions to use the Ethereum blockchain
This morning, the National Australia Bank (NAB) said it completed an intra-bank cross-border transaction using its self-issued stablecoins, claiming to be...
Coinbase officially halts Binance USD Stablecoin Trading
The suspension is based on the internal monitoring process of Coinbase, which found that the Stablecoin (BUSD) doesn’t...
USDC has nearly regained parity with the US dollar after Feds bailout announcement
The stablecoin issued by Circle, USDC, has nearly regained parity with the US dollar after rising just above...
Binance minted $50M TrueUSD days after Paxos ordered stop issuing BUSD
According to some reports, one of the largest crypto exchanges in the world, Binance, minted $50M TrueUSD days...
Visa is devising its crypto strategy around stablecoin settlements
The largest payment processor network, Visa, is devising its crypto strategy around stablecoin settlements. It is planning to...
National Australia Bank is planning to launch an AUD-backed stablecoin
According to an Australian Financial Review report, one of Australia’s largest banks, National Australia Bank, is planning to...
US Senator wants to establish the regulatory framework for stablecoin payments
According to reports, a US Senator recently introduced a bill to establish the first federal regulatory framework for...
Delisted stablecoin HUSD’s price is dwindling
As per the last 24 hour’s market reports, the price of HUSD the stablecoin of Huobi has been...
Issuing dollar-backed stablecoins should be limited to banks says United Texas Bank CEO
Currently, dollar-backed stablecoins can be issued by any company. However, the CEO of United Texas Bank, Scott Beck,...