Stablecoin
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Blockchain
Moody warns of stablecoin adoption risk
In its latest report, Moody’s Investors Service has warned that the recent instability in the traditional banking sector could have…
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Blockchain
FBI, NY authorities probes collapse of TerraUSD stablecoin Report
The controversial author of Terraform Labs, Do Kwon, is at the center of the disquisition, despite being believed to be…
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Blockchain
Circle’s Stablecoin USDC Affected by Collapsed Bank
Circle CEO and co-founder Jeremy Allaire revealed that the stablecoin issuer had been able to access its $3.3 billion in…
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Blockchain
KuCoin Ventures Invests in Yuan-Pegged Stablecoin
KuCoin Ventures, the investment division of the prominent cryptocurrency exchange KuCoin, has announced its decision to support emerging stablecoin initiatives…
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Bitcoin
DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse – Bitcoin News
The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic…
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Bitcoin
BitMEX Founder Arthur Hayes Proposes New Bitcoin-Backed Stablecoin Heres How It Works
BitMEX co-founder and crypto veteran Arthur Hayes is proposing an idea for a new Bitcoin (BTC)-backed stablecoin. In a new…
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Altcoins
Circle Mints $407,000,000 Worth of USDC as Stablecoin Recovers From Depegging Incident: Nansen
Circle has minted hundreds of millions of dollars worth of US Dollar Coin (UDSC) as the second-largest stablecoin by market…
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Bitcoin
Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums – Market Updates Bitcoin News
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with…
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Bitcoin
Binance to Acquire $1,000,000,000 in Bitcoin, Binance Coin and Ethereum in Massive Stablecoin Swap
Crypto giant Binance says it’s converting $1 billion of its dollar-pegged stablecoin BUSD intoBitcoin, Binance Coin and Ethereum. Binance CEO…
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Bitcoin
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement – Bitcoin News
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023,…
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