Lightning Labs has tested Taproot Assets-based stablecoin transactions on the bitcoin network

May 16, 2024

Lightning Labs has tested Taproot Assets-based stablecoin transactions on the bitcoin network

The protocol uses the Lightning L2 network for conducting transactions

Former CFTC chief and blockchain advocate Christopher Giancarlo has joined the team at stablecoin issuer Paxos

May 14, 2024

Former CFTC chief and blockchain advocate Christopher Giancarlo has joined the team at stablecoin issuer Paxos

The ex-official known for his initiatives to explore the potential of blockchain in the financial system has joined the board of directors of a fintech company

Deutsche Bank says there are risks of Tether’s monopoly on the stablecoin market

May 10, 2024

Deutsche Bank says there are risks of Tether’s monopoly on the stablecoin market

The USDT issuer responded by saying that the report lacked sufficient data to support such claims

Cumulative supply of USDT, USDC, and DAI increased to $141,42 billion for the first time since May 2022

Apr 3, 2024

Cumulative supply of USDT, USDC, and DAI increased to $141,42 billion for the first time since May 2022

The growth of the indicator continues despite the decline in the BTC exchange rate after reaching its all-time high on March 14

Threshold Network launches the thUSD stablecoin backed by BTC and ETH

Apr 2, 2024

Threshold Network launches the thUSD stablecoin backed by BTC and ETH

The one-time fee for issuing the asset will be 0,5%

Coinbase will start storing more customer USDC balances on its own Base network

Mar 27, 2024

Coinbase will start storing more customer USDC balances on its own Base network

Base’s activity increased significantly after the Dencun hard fork

Fintech company AnchorX to issue HKD-pegged stablecoin on the Conflux blockchain

Mar 21, 2024

Fintech company AnchorX to issue HKD-pegged stablecoin on the Conflux blockchain

Against this background, the exchange rate of the CFX native token added more than 18% over the day

S&P has published a rating of stablecoins with high capitalization

Mar 20, 2024

S&P has published a rating of stablecoins with high capitalization

None of the assets received the highest rating

Investors have poured more than $2 billion into L2 network Blast in three months

Feb 27, 2024

Investors have poured more than $2 billion into L2 network Blast in three months

The project offers native yield in ETH and stablecoins

Stablecoin market value reaches a 14-month high

Feb 27, 2024

Stablecoin market value reaches a 14-month high

Analysts attribute this to the influx of new money into the crypto market

Circle will stop supporting USDC on the Tron network

Feb 21, 2024

Circle will stop supporting USDC on the Tron network

The initiative aims to ensure the reliability and transparency of the asset

UK will adopt a law on stablecoins and staking in the next six months

Feb 20, 2024

UK will adopt a law on stablecoins and staking in the next six months

Politician Bim Afolami has said the government is “pushing very hard” for a law to be passed