Bluechip says the Fed’s rate cut had a negative impact on the earnings of stablecoin issuers

Sep 25, 2024

Bluechip says the Fed’s rate cut had a negative impact on the earnings of stablecoin issuers

Last week, the US Federal Reserve cut rates for the first time in 4,5 years

Regulated crypto custodian BitGo will launch USDS stablecoin

Sep 19, 2024

Regulated crypto custodian BitGo will launch USDS stablecoin

The asset is collateralized by short-term treasury bills, overnight repos, and cash

TON and Curve Finance teams will develop a platform for trading stablecoins

Sep 17, 2024

TON and Curve Finance teams will develop a platform for trading stablecoins

Curve founder Michael Egorov will act as a development consultant

Tether CEO explains the aUSDT synthetic dollar strategy

Sep 9, 2024

Tether CEO explains the aUSDT synthetic dollar strategy

He emphasized the relative stability of gold compared to bitcoin, making it a more suitable asset for short-term collateral

Ripple will launch its own RLUSD stablecoin in the coming weeks

Sep 4, 2024

Ripple will launch its own RLUSD stablecoin in the coming weeks

The asset will be available on the XRP Ledger and Ethereum networks

Tether helps authorities recover $109 million worth of USDT involved in illegal transactions

Aug 26, 2024

Tether helps authorities recover $109 million worth of USDT involved in illegal transactions

The company has been cooperating with law enforcement agencies around the world since launching the asset in 2014

TRON DAO Reserve has removed all bitcoins from the USDD stablecoin collateralization

Aug 23, 2024

TRON DAO Reserve has removed all bitcoins from the USDD stablecoin collateralization

According to the official website, the asset is now only backed by USDT and TRX

Mercado Libre to launch US dollar-pegged stablecoin in Brazil

Aug 22, 2024

Mercado Libre to launch US dollar-pegged stablecoin in Brazil

Customers of Mercado Pago’s subsidiary bank will be able to buy and sell the asset without fees

Developers of UXD stablecoin proposed to shut down the project due to low activity

Aug 20, 2024

Developers of UXD stablecoin proposed to shut down the project due to low activity

Voting among DAO members will continue for six days, with 100% of the votes currently in favor of the closure decision

Circle CEO says USDC contactless payments on iPhone to be launched soon

Aug 15, 2024

Circle CEO says USDC contactless payments on iPhone to be launched soon

Apple will open up its NFC chip to third-party developers, allowing payment solutions other than Apple Pay to be brought to devices

Tether will double its headcount to comply with regulatory requirements

Aug 9, 2024

Tether will double its headcount to comply with regulatory requirements

One of the largest companies in the crypto industry now employs about a hundred people

Bank for International Settlements presents a system for monitoring the supply of stablecoins

Aug 1, 2024

Bank for International Settlements presents a system for monitoring the supply of stablecoins

The system is designed to collect on-chain data and compare it with issuers’ information about the reserves of coins being issued