Stablecoin

According to Bloomberg, the British government is expediting the approval of new regulations for stablecoins and crypto asset staking services, aiming to have these rules passed by lawmakers within the next six months. This…

On-chain data shows the stablecoin supply has surged alongside Bitcoin’s latest break above $50,000, a sign that could be bullish for the market. Both Bitcoin And Stablecoin Market Caps Have Surged According to data from the…

Japan has emerged as a beacon of regulatory clarity, especially in the realm of stablecoins. The Land of the Rising Sun, often associated with resilience, has paved the way for a comprehensive stablecoin framework, setting itself apart as a…

The emergence of Bitcoin-based stablecoins could make 2024 a pivotal year for the leading digital network, according to analysts at European alternative asset management firm CoinShares. In its Outlook 2024 report, the firm…

CoinShares analysts anticipate the emergence of a Bitcoin-based stablecoin in 2024, which could potentially rival existing stablecoins in terms of transaction speed and cost efficiency. The development, highlighted in CoinShares’ latest…

In a stunning turn of events, the TerraUSD (UST) stablecoin project and its creator, Terraform Labs, find themselves grappling with Chapter 11 bankruptcy in the United States. The turmoil began with the disastrous depegging of UST…

According to the latest on-chain data, the Layer-1 network Solana has hit a significant milestone in terms of the transfer volume of stablecoins this month. Solana Overtakes Tron In Stablecoin Transfer Volume…

Glassnode data recorded a $4.1 billion monthly increase in the aggregate stablecoin supply, a 21-month high for fiat-pegged cryptocurrencies following bullish momentum.  Since October last year, stablecoin supply has shot up steadily with…

The Central Bank of Nigeria has granted the Africa Stablecoin Consortium (ASC) approval to introduce Compliant Nigerian naira stableCoin (cNGN) within its regulatory sandbox. This marks a pivotal moment in the Nigerian financial landscape,…

In a recent ruling by US District Judge Jed Rakoff, the US Securities and Exchange Commission (SEC) emerged victorious in the Terraform Labs case, causing concern and unease within the cryptocurrency community over the…