Paxos Belief Firm — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Greenback (USDP) — is reportedly being investigated by the New York Division of Monetary Companies (NYDFS). A “particular person...
On January 31, layer-one protocol COTI formally launched DJED, the native stablecoin for the Cardano (ADA) community. The introduction of the Djed stablecoin is anticipated to extend the whole worth locked (TVL) on...
Glassnode information analyzed by CryptoSlate signifies that Ethereum’s (ETH) dominance over stablecoins has been growing and reached its highest within the final three months.Ethereum’s dominance over stablecoins strengthens because the ETH worth surpasses...
2022 has been an fascinating yr for stablecoin property because the market capitalization of the whole stablecoin economic system misplaced simply over $28 billion in worth. Furthermore, greater than $3 billion has been...
Draft US stablecoin bill would ban new algo stablecoins for 2 years
Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC)...
On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain...
