Tag: Stablecoin
Tether Will Suspend Support for EURt
Reading time: < 1 minuteIn a statement released on November 27, stablecoin issuer Tether announced its decision to stop supporting its Euro-pegged stablecoin, EURt.
Tether Launches New an Asset Tokenization Service
Reading time: < 1 minuteTether announced on Thursday the launch of its asset tokenization service. This comes after months of teasing from CEO Paolo Ardoino.
Tether Moves 2 Billion USDT to Ethereum
Reading time: < 1 minuteOn November 6, stablecoin issuer Tether made a major announcement about a cross-chain swap. The company moved over 2 billion USDt from different blockchain networks to the Ethereum network.
Tether Surpasses 350 Million Users
Reading time: < 1 minuteTether, the issuer of the USDt stablecoin, on Monday announced that it had reached over 350 million users, a significant milestone since its launch in 2014.
Coinbase Plans to Delist Unauthorized Stablecoins in EU This Year
Reading time: < 1 minuteCrypto exchange Coinbase has announced its plans to remove any unauthorized stablecoins from its platform in the European Union by December, in order to comply with the EU’s Markets in Crypto Assets rules (MiCA).
Ethena Announces Launch of a Stablecoin Backed by BlackRock’s BUIDL
Reading time: < 1 minuteEthena has announced its plan to launch a new stablecoin named UStb, which will be backed by investments in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).
Robinhood and Revolut to Issue Their Own Stablecoins
Reading time: < 1 minuteRobinhood and Revolut, two large fintech companies, are considering entering the market for stablecoins.
SEC Settles Charges Against TrueCoin and TrustToken
Reading time: < 1 minuteThe Securities and Exchange Commission (SEC) has reached a settlement with TrueCoin and TrustToken for their unregistered sales of investment contracts involving the TrueUSD stablecoin.
Revolut Unveils Plans to Launch a Stablecoin
Reading time: < 1 minuteRevolut is reportedly looking to launch its own stablecoin, according to Coindesk.
USDT’s Circulating Supply on The Open Network Exceeds $1B
Reading time: < 1 minuteTether’s stablecoin, USDT, has now surpassed $1 billion in circulating supply on The Open Network (TON), according to data from Token Terminal, a research firm in the cryptocurrency industry.
