Tag: Stablecoin
Tether’s Reported $500B Fundraising Push Contradicts CEO’s “No Plans” Statement
Reading time: < 1 minuteA significant contradiction has emerged around Tether’s financial strategy.
CFTC Moves to Classify Stablecoins as Legal Collateral for Derivatives
Reading time: < 1 minuteThe US Commodity Futures Trading Commission is taking formal steps to classify stablecoins as legitimate collateral for derivatives trading.
LINE Partners with Kaia on “Project Unify” Stablecoin Superapp for Cross-Border Payments
Reading time: < 1 minuteLINE NEXT and layer 1 blockchain Kaia have announced plans to launch a stablecoin superapp called “Project Unify.”
ASIC Sketches Crypto Framework with Interim Stablecoin Exemption
Reading time: < 1 minuteAustralia is beginning to flesh out its crypto regulatory framework with a pragmatic, interim step.
PayPal’s PYUSD Plays Catch-Up with Rivals via LayerZero Multichain Push
Reading time: < 1 minuteIn a strategic move to increase its relevance against giants like Tether and Circle, PayPal’s PYUSD stablecoin is expanding to multiple new blockchains via LayerZero.
Hyperliquid Traders to Get Seamless USDC Experience with Circle’s Native Integration
Reading time: < 1 minuteUsers of the Hyperliquid derivatives platform are set for a smoother trading experience as Circle launches a native version of its USDC stablecoin.
Ethereum Stablecoin Supply Reaches All-Time High of $166 Billion, Signaling Robust DeFi Growth
Reading time: < 1 minuteThe total supply of stablecoins on Ethereum has surged to an unprecedented $166 billion, highlighting the network’s expanding role as a foundational infrastructure for decentralized finance (DeFi).
Justin Sun’s USDD Stablecoin Goes Multi-Chain with Ethereum Debut
Reading time: < 1 minuteThe Justin Sun-backed algorithmic stablecoin has launched natively on the network, a move its team calls a “key milestone” in becoming a multi-chain asset.
European Central Bank Head Wants Tighter Rules on Foreign Digital Money
Reading time: < 1 minuteThe head of the European Central Bank, Christine Lagarde, says stronger rules are needed for “stablecoins”—a type of digital currency—that come from outside the European Union.
Fed Signals Embrace of Digital Finance with Innovation Conference Focused on Stablecoins
Reading time: < 1 minuteIn a strong endorsement of the digital asset sector, the US Federal Reserve has organized a Payments Innovation conference for October 21st, squarely focusing on stablecoins and tokenization.
