Bitcoin News / Bitcoin.com - 3 years ago
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in...
Cryptocoins News / The Cointelegraph - 3 years ago
The market capitalization of Tether is nearly a billion dollars away from reaching a new lifetime peak while rival stablecoins struggle. Tether has emerged as a clear...
Cryptocoins News / Blockchain - 3 years ago
A new draft bill has been published in the United States proposing a regulatory framework for stablecoins. The bill would put the Federal Reserve in charge of non-bank stablecoin issuers, such as Tether and Circle. Insured depository institutions see...
Cryptocoins News / Blockchain - 3 years ago
The US House Committee on Financial Services will conduct a hearing on April 19 to evaluate stablecoins’ position as a means of payment and whether the payment ecosystem needs supporting legislation. Circle's chief strategy officer and head of global...
Bitcoin News / Bitcoin.com - 3 years ago
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indica...
Cryptocoins News / The Cointelegraph - 3 years ago
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”...
by COINS NEWS - 3 years ago
I'm from Pakistan. For years I dreamt of leaving my country via post grad study visa because I had a hunch that the religious fundamentalist and dumb policies will ruin this country. Now the country is at brink of defaulting. Soon the local curre...
Cryptocoins News / The Cointelegraph - 3 years ago
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. A new draft bill providing a framework for stablecoins...
Cryptocoins News / The Cointelegraph - 3 years ago
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe. In October 2022, the European Union finalize...
Bitcoin News / Bitcoin.com - 3 years ago
Andrew Bailey, the governor of the Bank of England, has asserted that stablecoins “will need to have the characteristics of, and be regulated as, inside money” before they function as money. Bailey also described crypto as a “highly...
Cryptocoins News / Blockchain - 3 years ago
Blockchain security firm PeckShield identified a hack that allowed an attacker to mint over 1 quadrillion Yearn Tether and then swap it for other stablecoins worth $11.6M. The attacker also managed to transfer 1,000 ETH to the cryptocurrency mixer To...
Cryptocoins News / The Cointelegraph - 3 years ago
The United States and the greenback will suffer if stablecoin regulations are not rolled out this year, Stellar Development Foundation's chief has claimed. United Stat...
Cryptocoins News / The Cointelegraph - 3 years ago
Bearer instruments such as stablecoin harken back to the days of pre-central bank “free banking,” with all the risks that imply, a Bank of International Settlements working paper says....
Bitcoin News / Bitcoin.com - 3 years ago
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches i...
Cryptocoins News / The Cointelegraph - 3 years ago
The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in demand for stablecoins. Tether (USDT) continues to benefit...