Browsing Tag
#Stablecoin
137 posts
Tether maintains $3.3B in liquidity cushion: USDT transparency report
Stablecoin issuer Tether maintains a liquidity cushion of nearly $3.3 billion to provide stability to the Tether ecosystem…
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal…
How can stablecoins transform SMEs in developing economies?
Small businesses in developing countries face many financial challenges that stablecoins can address. DLTPAY, a Web3 payment and…
PayPal’s stablecoin opens door for crypto adoption in traditional finance
Global payment processing giant PayPal announced its United States dollar-pegged payment stablecoin called PayPal USD (PYUSD) on Aug.…
Circle preps $1B war chest to deal with market threats from PayPal and others
Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and…
Stablecoins could be key to upholding US dollar’s global reserve status: WSJ op-ed
Stablecoins are at the heart of a dollar-based revolution and could be a pivotal factor in keeping the…
US Fed steps up oversight of banks’ involvement with crypto firms
The United States Federal Reserve is broadening the scope of its supervision program which oversees U.S. banks that…
Binance sold USDC for BTC and ETH after Silvergate Bank collapse: PoR report
Cryptocurrency exchange Binance released its latest proof-of-reserves (PoRs) on Aug. 1, offering transparency into its crypto reserves. However,…
Binance starts BTC/FDUSD and ETH/FDUSD trading pairs with zero-fees
Crypto exchange Binance, on Thursday, Aug. 3, announced that it would be opening trading for the Bitcoin/First Digital…
Coinbase earnings show the company is now much more than just an exchange
Coinbase, a leading U.S. cryptocurrency exchange, shared its second-quarter results on Aug. 3. Despite showing a net loss,…