Stablecoins
Covering the most recent crypto news on stablecoins, funding, pseudonymity, digital currency, and more.
Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries
The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
By Krisztian SandorOct 31, 2024
The Fed Is the Wrong Regulator for Stablecoins
The U.S. central bank would be conflicted overseeing stablecoins, because they compete with the Fed's payments infrastructure and with potential CBDCs.
By Jennifer J. Schulp, Jack SoloweyOct 23, 2024
Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director
Robert Liu, a member of the board of Hong Kong-based BiT Global, which was recently added by BitGo as an additional custodian to the bitcoin-on-Ethereum token known as wrapped bitcoin (WBTC), notes in an exclusive interview that Tron founder Justin Sun has come to the aid of customers in the past.
By Bradley KeounOct 23, 2024
Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation
Paolo Ardoino connected by video to a Washington conference to make a case for how cooperative Tether is being with global governments and how it looks forward to regulation.
By Jesse HamiltonOct 22, 2024
Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge
Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate
By Jamie CrawleyOct 21, 2024
Coinbase to Delist Unauthorized Stablecoins in EU by December
Tether, which is the largest issuer of stablecoins, doesn't have the necessary e-money license yet in the European Union.
By Camomile ShumbaOct 4, 2024
Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino
Ardoino said there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.
By Sam ReynoldsOct 1, 2024
Open Interest in XRP Zooms to $1B as Ripple Tests RLUSD Stablecoin
Recent activities include minting significant amounts of RLUSD, suggesting the testing phase might be wrapping up or moving into a more active phase of development.
By Shaurya MalwaOct 1, 2024
Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL
Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.
By Sam ReynoldsSep 26, 2024
TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing
The California companies were accused by the U.S. Securities and Exchange Commission of misrepresenting the backing of stablecoin TUSD.
By Jesse HamiltonSep 24, 2024
