All by tag: Stablecoin

The asset will allow USDT to move seamlessly between different blockchains

Nubank customers are offered daily fixed-rate income with a balance of at least 10 stablecoins from Circle

The EU-wide Markets in Crypto-Assets (MiCA) regulation obliges issuers of stablecoins to keep reserves in local banks and obtain licenses

The company is currently in talks with leading platforms to list the asset

The head of the company, Arthur Azizov, expects wider institutional adoption and the emergence of coins based on local fiat currencies

Stablecoins from issuer Circle will not be affected by the changes

The company will soon present a list of partners and exchanges ready to list the asset

The company will apply for a license from the local regulator after implementing rules for issuers

The asset is regulated by the Monetary Authority, acting as the central bank

The department is concerned about the large volume of purchases of Treasury bills by issuers of such assets

Circle raises USDC redemption fees for the second time in a year

The project was implemented in partnership with institutional custodian Fireblocks