Stablecoins
Record-breaking Solana USDC volume signals growing stablecoin dominance
Solana has emerged as one of the most dominant blockchain networks for USDC transactions.
Oluwapelumi Adejumo 2 min read
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Arthur Hayes believes big banks will make stablecoin issuers like Tether obsolete
Arthur Hayes predicted that once banks recognize the profit potential in stablecoins, they will quickly move to dominate the market and push out incumbents like Tether.
Research
End-of-year stablecoin cap rally mirrors Bitcoin’s price uptick
The total stablecoin market cap saw a strong recovery in Q4, hinting at an infusion of liquidity into Bitcoin.
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Stablecoins
China initiates crackdown on use of stablecoins in illegal forex trading
China ups enforcement on stablecoin misuse for illicit forex conversion, with recent prosecutions underlining zero tolerance for violations.
Stablecoins
Hong Kong lawmaker raises concerns over proposed stablecoin regulations
Legislative Council member Johnny Ng has raised concerns over Hong Kong's new stablecoin licensing rules.
Stablecoins
Tether mints $1B new non-circulating USDT to ‘replenish inventory’
Tether CEO Paolo Ardoino shared on social media that the minting was "an authorized but not issued transaction," meaning the tokens remain out of circulation for now.
Stablecoins
Circle secures conditional registration in France under DASP rules
Circle's latest regulatory stride in France marks a step towards compliance with EU's MiCA regime.
Adoption
Paxos secures New York regulatory approval to expand USDP stablecoin to Solana
With DFS's blessing, Paxos aims to boost stablecoin utility on Solana's high-throughput network.
Stablecoins
Tether USDT discount on exchanges hit 5-month high following revelation of collaboration with US authorities
Tether's collaboration with the U.S. authorities has drawn extensive criticism from crypto stakeholders.
