Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
The authorities' proposal is intended to ensure the safety of UK consumers and businesses participating in stablecoins transactions.
Oluwapelumi Adejumo 2 min read 
Many expect this dominance to continue as major payment companies, like Visa and PayPal, embrace stablecoins as web3 onramps.
Tether's USDT appears to benefit from the decline with it its supply approaching 85 billion.
PayPal faces a significant SEC subpoena tied to its stablecoin, marking a new milestone in the intersection of traditional finance and digital currencies.
Tether's most recent attestation report stated the stablecoin issuer's assets exceeded liabilities by roughly $3 billion.
The phased regulatory introduction will kick off in early 2024, with legislation for fiat-backed stablecoins.
The trading volume of USDT in Brazil exceeded the combined trading volume of all other cryptocurrencies in 2022, according to the Receita Federal do Brasil.
6 stablecoins record biggest losses over 7 days for high volume digital assets
Cardano-based stablecoins have struggled for market share despite the popularity of these assets.
