Browsing Tag
#Stablecoin
112 posts
US law protects institutions and exposes retail investors — Rep. Torres
On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should…
Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin
Crypto and blockchain advocates have authored a report calling for the Hong Kong government to issue a stablecoin…
Paxos and MercadoLibre partner up to bring USDP to Mexico
Blockchain fintech company Paxos and online marketplace MercadoLibre have entered a partnership to bring the Pax Dollar (USDP)…
Terra Allies’ Six Samurai team aims to revive the ecosystem
After a joint governance proposal on liquid staking derivatives in Terra Classic (LUNC), a new proposal emerged for…
TrueUSD assures users it has no exposure to troubled Prime Trust
On June 22, TrueUSD announced on Twitter that its TUSD stablecoin had “no exposure” to the troubled Prime Trust,…
BUSD falls to fourth position among stablecoins
The United States dollar-pegged Binance USD (BUSD) stablecoin now sits at fourth position in market capitalization among other…
Jump Trading seeks to move Terra class-action lawsuit to California
Algorithmic and high-frequency trading firm Jump Trading is seeking to have the class-action lawsuit against the firm moved…
TrueUSD stops minting via Prime Trust, loses dollar peg
Stablecoin TruedUSD (TUSD) slightly lost its dollar peg in the early hours of June 10, following a pause…
MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
Megabank Mitsubishi UFJ Financial Group (MUFG) has announced its stablecoin issuance platform “Progmat Coin” will soon be used…
Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin
First Digital Group, a Hong Kong-based qualified custodian and trust company, announced the launch of its First Digital…