Terraform Labs secures court approval to wind-down operations after settling with SEC
US Bankruptcy Judge Brendan Shannon approved Terraform's bankruptcy plan in Wilmington, Delaware, giving a green light to the wind-down.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
The stablecoin industry has attracted significant attention from institutional investors during the past year.
This movement will allow users to buy USDC directly using Brazilian Reais and Mexican Pesos, reducing conversion costs to U.S. dollars.
Sui blockchain has also announced a new partnership with famed automaker, DeLorean.
Tether's market share leaps to 75%, driven by $118 billion USDT supply and $400 million in monthly revenue.
The new task force was developed to help combat the illicit use of the USDT stablecoin on the TRON blockchain.
Circle said its new move would further drive the adoption of its USDC stablecoin.