Get the latest news on stablecoins–cryptocurrencies that are pegged to a fiat currency.
Circle’s USDC to launch on Cosmos
This is the first time since the collapse of Terra's UST that Cosmos will have a native stablecoin issued on the blockchain.
Launch Zone, BSCex suffer contract vulnerability — over $7M drained
The vulnerability was detected by crypto sleuth Scam Sniffer, who claims over 34,000 addresses are at risk.
Centi launches CHF stablecoin backed 1:1 by a Swiss bank
Centi said that the Centi Franc Stablecoin will serve as the "basis" for its blockchain-based Global Payment Network.
Binance’s Bitcoin liquidity for TUSD surges 250%
Kaiko's director of research Clara Medalie said the zero-trading fee option helped improve Binance's market share by 20% within eight months.
USDC issuer Circle issues warning about hacked executive account
The hacker tweeted about a fake USDC airdrop to compensate holders who held the stablecoin during its depeg.
USDC issuer Circle seeks regulatory approval in France amid US banking troubles
Circle said the Euros-pegged stablecoin EUROC could become a compliant e-money under Europe's Markets in Crypto-Assets (MiCA) regulations.
Amid stablecoin turbulence, Djed to expand to Ethereum, Binance Smart Chain
Djed's stability during recent turbulence prompted DeFi protocols to request the stablecoin go multichain.
Binance CEO highlights USDT growth amidst rival issues
USDT's supply has grown by more than 10% in the last 30 days to $76.97 billion, according to CryptoSlate data.
Marqeta’s Mastercard will power Australian prepaid crypto card from Stables
Mastercard will reportedly power the card for Australian stablecoin firm Stables, as announced by Marqeta in a March 20 press release.
DAI supply has fallen by 13% this week
The sharp drop in demand has been followed by an uptick in demand for other stablecoins, like USDT.
USDC in circulation fell over 10% since de-peg event
Meanwhile, the largest stablecoin by market capitalization USDT has experienced an 8.7% increase in supply.
US Banks borrow record-high $164.8B from Fed backstop facilities
Meanwhile, Circle's USDC stablecoin maintains $1 peg despite recent banking contagion and widespread fear in the banking sector.
Maker passes first vote to increase U.S. Treasury bond holdings to $1.25B
An executive vote is required before the change is deployed to the DAI protocol.
Scam warning: Circle phishing campaign promises fake USDC DeFi swap
The scam attempts to capitalize on USDC's post-depeg recovery.
Circle says substantially all USDC minting, redemption backlogs are resolved after wild week
“Trust, safety, and 1:1 redeemability of all USDC in circulation is of paramount importance to Circle," CEO Jeremey Allaire said.
Tether’s circulating supply reaches 10-month high of $74B
Tether USDT's supply has grown by 10% in the current year while USDC, BUSD, and DAI supplies shrank.
USDT climbs to highest market share since July 2021 amid stablecoin chaos
According to new data from Blockworks, Tether has upped its market share of the stablecoin market to 56.4%, its highest point in 18 months.