In a brief period, the supply of PYUSD, the US dollar-denominated stablecoin from payment giant PayPal, surpassed half a billion dollars. August 2023 saw...
The frequently volatile bitcoin market appears to be taking a “catch a breath taking” pause.Investors are increasingly looking for a crypto sanctuary—stablecoins. These cryptocurrencies...
The company that created the well-known stablecoin USDC, Circle Internet Financial Ltd., declared that it would be moving its legal headquarters from the Republic...
Ripple’s planned stablecoin, anchored to the US dollar, aims to bring both stability and functionality to the cryptocurrency market, emphasizing adherence to regulatory standards....
Ethena Labs contends that markets outside the United States can explore new opportunities with financial instruments pegged to the U.S. dollar. For markets outside...
A financial services startup with a blockchain focus intends to introduce an interest-bearing stablecoin that is penny-pegged. A registration statement submitted to the U.S....
According to South China Morning Post, Chinese regulators are working harder to control the use of cryptocurrencies in illicit foreign exchange (FX) transactions. The...
