Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
According to S&P Global, USDC emerges as a leading stablecoin owing to low-risk asset backing, while USDT's insufficient reserve details gave analysts pause.
Despite minor hiccups, initial research shows promise for the island nation's Ripple-powered CBDC program.
Binance attributed the trading anomaly to markets misunderstanding the nature of the token, while Anchored Coins warns of scammers impersonating its accounts.
The stablecoin has a maximum total supply of 10.5 million and its reserves will be fully collateralized by cash reserves and high-quality securities.
The company told CryptoSlate it was also building new financial products set to be launched next year.
Binance is preparing its users for the end of BUSD and the transition to FDUSD.
FSRA's provisional nods set Paxos on course to issue stablecoins and expand digital services in Abu Dhabi.
The partnership would enable USDC access and liquidity for Japan-based businesses and users.
Tether's financial management practices has faced scrutiny from the authorities.
