Stablecoin

The SEC is facing criticism for its recent bankruptcy filing for FTX, echoing its controversial approach in the Voyager case. Recently Submit filesThe US Securities and Exchange Commission has warned FTX that it may oppose plans to repay…

Article ContentVICTORIA, Seychelles, August 22, 2024 (GLOBE NEWSWIRE) -- PetgettLeading cryptocurrency exchange and Web3 company adds trading support for PayPalBYUD A stablecoin on the Solana blockchain, increasing the availability of…

The whale address lost a large amount of DAI tokens due to a phishing attack after unintentionally signing a fraudulent transaction. On-chain data confirms that the losses amounted to $55.47 million in Dai (DAI). According to a post by…

XRP issuer Ripple is moving forward with its stablecoin plans after CEO Brad Garlinghouse raised the idea during a 2024 consensus. Ripple (XRP) has begun work on a fiat-pegged token called Ripple USD, or RLUSD, as the company eyes the…

In an important step, Swiss Financial Market Supervisory Authority (FINMA)Switzerland’s financial regulator has issued new guidelines aimed at addressing the risks associated with fiat-linked stablecoins. The…

Swiss regulator FINMA has published guidance for issuers of stablecoins, urging them to verify the identity of all persons holding digital tokens linked to fiat currencies. The Swiss Financial Market Supervisory Authority (FinMarket…

State Street Corp., a major Boston-based firm in traditional finance, is exploring launching its own stablecoin and tokenized deposits to improve payment settlement using blockchain technology. According to Bloomberg a…

Hong Kong's largest virtual bank, ZA Bank, achieved a new milestone earlier today by an offer Hong Kong has announced plans to offer exclusive Reserve Bank services to stablecoin issuers, a move in line with Hong Kong’s recent…

Tron (TRX) founder Justin Sun has revealed his plans for an innovative solution to simplify stablecoin transfers by eliminating gas fees. Facilitating stablecoin transfers According to Sun, this upcoming feature will enable users to…

In an exciting development, Tron Network founder Justin Sun has announced plans to introduce gas-free stablecoin transfers. This has sparked a lot of reactions with many applauding Tron’s latest proposed feature, while other users…