Tag: Stablecoin
SEC to Drop its Investigation into Paxos
Reading time: < 1 minute The SEC has announced its decision to end its investigation into Paxos, the issuer of stablecoins, and will not pursue any enforcement action against them.
Circle Obtains Approval to Issue Stablecoins Under MiCA Regulation
Reading time: < 1 minute Circle yesterday announced that it has officially registered as an electronic money institution (EMI) in France.
Kraken Says It Will Not Delist USDT in Europe
Reading time: < 1 minute Kraken has reassured its users that it will not delist the Tether stablecoin USDT in Europe and will continue to comply with all legal requirements.
Tether Teams Up with TON to Allow USDT-to-fiat Transactions
Reading time: < 1 minute Transactions involving Tether’s USDT and Tether Gold (XAUt) on The Open Network (TON) are set to become more streamlined with the integration of the Oobit mobile payment app.
Stablecoin Supply At Highest Level in 2 Years
Reading time: < 1 minute The current total supply of USD-pegged stablecoins in the market indicates a return to its previous peak, driven by the increasing competition among new token issuances.
Tether Makes USDT Available on TON Network
Reading time: < 1 minute Tether CEO Paolo Ardoino has announced his company’s plans to utilize the Telegram Open Network (TON) for hosting their USDT stablecoins.
Circle Enables BlackRock’s Tokenized Fund Transfer to its Stablecoin
Reading time: < 1 minute The issuer of the stablecoin USDC, Circle, has recently enabled the transfer of BlackRock’s institutional digital liquidity fund, BUIDL, shares to its stablecoin.
Ripple Says It Will Launch its Own Stablecoin
Reading time: < 1 minute Ripple has revealed its plans to introduce its own stablecoin pegged to the US dollar by the end of 2024.
PayPal Allows US Users to Use Company’s Stablecoin for International Payments
Reading time: < 1 minute Yesterday, the company also announced that its American clients would be able to use this stablecoin for international payments.
OKX Announces USDT Trading Pairs Delisting in Europe
Reading time: < 1 minute European clients on OKX will no longer be able to trade USDT stablecoins from Tether as the cryptocurrency exchange has announced that it will be delisting these trading pairs.