The exchange swapped 750 million USDT of the TRC-20 standard for ERC-20 stablecoins
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Market
Jun 12, 2023
Binance warns of a major asset conversionThe exchange swapped 750 million USDT of the TRC-20 standard for ERC-20 stablecoins
Market
Jun 1, 2023
Circle will launch the USDC stablecoin on the Arbitrum network on June 8Stablecoins will become native to the blockchain ecosystem
Market
Jun 1, 2023
Hong Kong company to launch FDUSD stablecoin pegged to the US dollarThe asset will be available on the Ethereum and BNB Chain networks
Market
Jun 1, 2023
Circle completely has got rid of US Treasury bonds in USDC reservesThe decision comes amid uncertainty about the decision to raise the US debt ceiling
Incidents
May 31, 2023
Chinese police seal the office of the issuer of the CNHC and HKDC stablecoinsAccording to journalists, the investigation may be related to the company’s cross-border payment business
Mining
May 30, 2023
Tether will invest in energy production and bitcoin miningThe main goal is to promote environmentally friendly crypto asset mining and increase the reliability of the Bitcoin network
Technologies
May 26, 2023
First BRC-20 standard stablecoin has been launched on the Bitcoin network#USD is issued based on the Ordinals protocol and is backed by US dollars
Market
May 26, 2023
Circle launches euro-backed stablecoin on the Avalanche blockchainThe asset will provide faster and more efficient payments and financial services for developers and users
Incidents
May 24, 2023
Fintoch DeFi project team steal $31,6 million from its usersThe platform promised a 1% daily return and claimed to be owned by Morgan Stanley
Market
May 19, 2023
JPMorgan calls the shrinking of the market stablecoin an obstacle to industry recoveryExperts highlighted the actions of US regulators in relation to the issuers of stablecoins
Market
May 11, 2023
New York City proposes the use of stablecoins as a bail payment methodCongressman Latrice Walker called for adding “fiat-collateralized stablecoins” to existing payment options
Crypto regulations
May 11, 2023
EBA chair calls for giving central banks the right to ban stablecoinsJosé Manuel Campa said that stablecoins could “become even more relevant” if they were compliant