stablecoins

Investors Pull Out of the Crypto Market as Withdrawals in Stablecoins Increase
As of now, things do not exactly seem to be working out well for investors within the crypto market. The ...

New Market Crash – What Can Happen to the Main Stablecoins?
Circle and Tether, the two firms behind renowned stablecoins USDC and USDT, have distanced themselves from FTX amid the exchange’s ...

US Draft Bill Aims At Banning Algorithmic Stablecoin For 2 Years
The US has been drafting legislation to regulate stablecoins. The latest draft stablecoin bill in the US House of Representatives ...

Australian Senator Releases Draft Bill to Regulate China’s Digital Yuan
Australian Liberal Senator, Andrew Bragg, has released a new bill regulating crypto exchanges and stablecoins. The bill also proposes to introduce ...

Tether Fights Back After WSJ Article “is a Series of Unsubstantiated Conclusions”
The Wall Street Journal accused Tether of not adequately backing its stablecoin, USDT. In response, Tether has termed the report ...

Acala Stablecoin, aUSD Inches Closer to Restore $1 Pegging
The native stablecoin of the Acala network, aUSD is quite close to regaining its peg with the US Dollar after ...

US Delays Bill to Regulate Stablecoins for Several Weeks
In a recent development, a bipartisan bill to regulate stablecoins by US House Lawmakers is being delayed for several weeks. ...

USDC Issuer Circle Discloses the Details of its Reserves
It has been a tough summer for the stablecoin industry, as the collapse of Terra’s algorithmic stablecoin, UST has alarmed ...

Tether Plans to Launch GBP₮ Stablecoin
Tether is among the most prominent names in the cryptocurrency industry. It empowers the largest stablecoin by market capitalization, USDT. ...

Tether Debunks False Rumors
Over the course of the past few days, there have been multiple rumors floating around the internet about Tether. Rumors ...