Stablecoins
Stablecoin exchange balance drops below $20B
CryptoSlate Insight reports that exchange liquidity for stablecoins like USDT and USDC are now at lows not seen since early 2021.
Oluwapelumi Adejumo 2 min read
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Stablecoins
Strike integrates Tether’s USDT for payments
Tether's CTO Paolo Ardoino said the move signifies the growing acceptance of stablecoins as a reliable digital payment solution.
Regulation
Highlights from Financial Service Committee hearing on stablecoins
Lawmakers said they want to support stablecoins as a recognized payment method - however, the committee hearing highlighted a huge gap in lawmakers' understanding of the technology.
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Stablecoins
Tether USDT to strengthen reserves with Bitcoin purchase
Tether CTO Paolo Ardoino said Bitcoin "is the epitome of a sound and secure monetary system" due to its scarcity and decentralization.
Regulation
New York lawmaker introduces bill to support stablecoin payment for bails
If the bill is passed, fiat-backed stablecoins like Tether's USDT could be used within the state to make bill bonds payment.
Stablecoins
Circle reserves no longer contain US Treasuries that mature after June
CEO Jeremy Allaire said that this protects Circle against a U.S. debt default.
Featured
Former SEC official calls for US ban on Tether, calls it a ‘mammoth house of cards’
Former SEC official John Reed Stark said Tether has no legal framework guiding its operations in the United States.
Stablecoins
Tether attestation shows $1.5B worth of Bitcoin in reserves
Tether reported a net profit of $1.48 billion, adding that its excess reserves reached an all-time high of $2.44 billion.
Stablecoins
Circle introduces cross-chain USDC protocol
USDC can now be quickly transferred between Avalanche and Ethereum.
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Regulation
US Congress can use stablecoin bill to strengthen Dollar competitiveness: Circle CEO
Stablecoins
Tron’s $60B goal in sight as stablecoin dominance surges – fueled by Tether’s impressive run
Stablecoins
Crypto developers expose ‘absolutely horrible’ flaws in Societe Generale euro stablecoin
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