Stablecoins News

CryptoSlate's data showed that Tether's $25.05 billion trading volume in the last 24 hours is six times higher than that of its closest rival.

The stablecoin will be 1:1 dollar-backed and be the first one BTG Pactual released on its crypto platform Mynt.

The CFTC’s lawsuit against Binance and CZ didn’t cause widespread concern about the exchange’s standing, as the massive decline in its stablecoin holdings is in line with the broader market switch to Bitcoin.

It comes as Voyager account holders continue to advocate for a restructuring plan that would see Binance recoup most of customer accounts.

The ETP will be based on a new MSCI index tracking 20 leading digital assets — set to launch on Germany's Deutsche Börse XETRA in April.

This is the first time since the collapse of Terra's UST that Cosmos will have a native stablecoin issued on the blockchain.

The vulnerability was detected by crypto sleuth Scam Sniffer, who claims over 34,000 addresses are at risk.

Centi said that the Centi Franc Stablecoin will serve as the "basis" for its blockchain-based Global Payment Network.

Kaiko's director of research Clara Medalie said the zero-trading fee option helped improve Binance's market share by 20% within eight months.

The hacker tweeted about a fake USDC airdrop to compensate holders who held the stablecoin during its depeg.

Circle said the Euros-pegged stablecoin EUROC could become a compliant e-money under Europe's Markets in Crypto-Assets (MiCA) regulations.

Djed's stability during recent turbulence prompted DeFi protocols to request the stablecoin go multichain.

USDT's supply has grown by more than 10% in the last 30 days to $76.97 billion, according to CryptoSlate data.

Mastercard will reportedly power the card for Australian stablecoin firm Stables, as announced by Marqeta in a March 20 press release.

The sharp drop in demand has been followed by an uptick in demand for other stablecoins, like USDT.

Meanwhile, the largest stablecoin by market capitalization USDT has experienced an 8.7% increase in supply.

Meanwhile, Circle's USDC stablecoin maintains $1 peg despite recent banking contagion and widespread fear in the banking sector.

An executive vote is required before the change is deployed to the DAI protocol.