Stablecoins

September 20, 2024

Concerns Mount Over Tether’s Lack of Transparency Amid Investor Fears

Investor apprehensions regarding Tether, the issuer of the world’s largest stablecoin, USD₮ (USDT), are intensifying. The absence of third-party audits has led to comparisons with the […]
September 18, 2024

BitGo Enters Stablecoin Market with USDS, a New Dollar-Pegged Cryptocurrency

BitGo, the cryptocurrency custodian backed by Goldman Sachs, is making waves in the stablecoin industry with the launch of its new stablecoin, USDS, pegged to the […]
September 17, 2024

USDC Expands to Sui Network, Enhancing Stablecoin Integration Across Blockchains

USD Coin (USDC), the second-largest stablecoin by market capitalization, is set to launch on the Sui network, significantly expanding its reach. Circle’s CEO, Jeremy Allaire, announced […]

TON Foundation Partners with Curve Finance to Launch New Stable Swap Project

The TON Foundation, a nonprofit organization dedicated to advancing The Open Network (TON) blockchain, has announced a strategic partnership with Curve Finance, a leading decentralized exchange […]
September 06, 2024

Datachain Launches Project Pax: A New Era for Cross-Border Business Settlements

Datachain, a prominent blockchain startup specializing in interoperability, has unveiled Project Pax, a revolutionary stablecoin platform designed to streamline cross-border business transactions. Here’s a closer look […]
August 29, 2024

Philippine Stablecoin PHPC Partners with Stables Money for Remittances

Coins.ph, a prominent cryptocurrency exchange in the Philippines, has teamed up with Australia’s Stables Money to use Coins.ph’s Philippine peso-pegged stablecoin, PHPC, for remittances. This partnership […]
August 28, 2024

Maker’s Rebrand to Sky Sparks Controversy Over New Stablecoin’s Freeze Function

Maker, which has rebranded as Sky, is facing backlash over its newly upgraded stablecoin, USDS. Observers have raised concerns about a potential “freeze function” that could […]
August 26, 2024

Stablecoin Market Reaches Record High of $168 Billion Amidst Consistent Growth

The stablecoin market capitalization has surged to an unprecedented $168 billion, marking a new all-time high after 11 months of sustained growth. Data from DeFiLlama reveals […]
August 23, 2024

Justin Sun Addresses Concerns Over Removal of Bitcoin Collateral from Decentralized USD

Recent developments surrounding Tron’s Decentralized USD (USDD) have sparked significant debate in the crypto community. On August 19, a substantial amount of Bitcoin—12,000 BTC, valued at […]

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