Kraken could remove the stablecoin Tether (USDT) for its European clients due to new crypto regulations!
The crypto sphere is often marked by sudden and unpredictable fluctuations. Recently, a notable phenomenon has caught the attention of investors and analysts: a spectacular 25% increase in stablecoins. This rebound is not just a mere increase in numbers, but it represents a strong market signal, indicating a potential comeback…
As Ripple accuses the U.S. government of targeting Tether, the stablecoin giant denounces the ulterior motives of its rival!
A new era is opening up for Bitcoin. At the recent FT Live's Crypto and Digital Assets Summit in London, Elizabeth Stark, CEO of Lightning Labs, revealed that her company was about to enable the issuance of stablecoins and tokenized assets directly on the main crypto network.
Stablecoins now seem to have the upper hand over their counterparts in the cross-border transfer scene. According to on-chain data, transactions made with these dollar-backed cryptocurrencies in April reached nearly $2.2 billion over the last 30 days. Based on this data, some experts predict that the volume of transactions in stablecoins could surpass that of Visa during the quarter. Shocked, Visa reacts and shifts the focus of the debate.
The US Deputy Treasury Secretary Wally Adeyemo unveils a strategy to counter Russia's use of cryptocurrencies.
Solana took the lead in the crypto ranking in terms of weekly stablecoin transfer volume, surpassing Ethereum and other major blockchains. This remarkable performance is driven by the growing interest in memecoins, DeFi, and the widespread adoption of USDC.
Binance drops USDC support on Tron, calling into question established crypto alliances and opening the door to new challenges
Behind the scenes of the cryptosphere, Solana, nicknamed the "Ethereum Killer," is making noise. Figures reveal its rise to power, surpassing Ethereum on several fronts: daily activities, NFTs, stablecoins, etc. Vitalik Buterin and his team must step up their efforts to not lose their lead against this emerging rival.
Tether surpasses $100 billion, dominating the stablecoin market with record growth.
This Friday is marked by the explosion of prices of certain cryptos. TAO, FET, AGIX, AXL, and TON defy all odds!
As their popularity continues to grow, stablecoins, these cryptocurrencies backed by traditional currencies, worry the FED. Why
The M^0 protocol, developed by M^0 Labs and supported by Pantera Capital, could indeed disrupt the stablecoin market by enabling institutions to easily issue stable tokens backed by US Treasury bonds.
Discover how XRP can leverage stablecoins to facilitate its adoption by banks and reduce volatility.
While in the United States, the Treasury is advocating for federal regulation of stablecoins, in the United Kingdom, the FCA issues warnings
According to JPMorgan, the growing dominance of USDT in the stablecoin market is negative for the overall crypto ecosystem.
Tether's stablecoin is counted among the most popular cryptos on the market. But this asset, which is pegged to the US dollar, is facing difficult times. Like many of its counterparts, USDT, as it is commonly called, had a particularly tough year in 2023. An analysis by Moody's analysts indicates that during that year, the asset "depegged" several times. In other words, the crypto lost its peg to the dollar, which is the essence of its stability compared to conventional cryptos. In this context, knowing that depeg situations reached new highs in 2023, wouldn't it be wiser to be cautious of USDT? This article will try to answer this important question for investors.
The advent of a regulated stablecoin marks a revolution in the crypto universe. It promises a haven of stability and security for investors. Figure Technologies Inc., guided by the expertise of Mike Cagney, is gearing up to unveil this major innovation. With a bold approach, this startup is poised to transform the landscape of digital assets. Its ambitious project? To launch the first regulated stablecoin in the United States.
A reduction in the Fed rates in 2024 could encourage crypto investors to turn to DeFi returns and stablecoins.
The TUSD stablecoin, linked to Justin Sun, collapsed below its US dollar peg on January 15, reaching a low of $0.984 amidst a wave of massive selling on the Binance crypto exchange exceeding $330 million.
USDT is the preferred stablecoin for criminals according to the UN, especially for laundering money from sophisticated scams.
The USDC lost its peg to the dollar yesterday. Instead of trading at 1 dollar, this stablecoin from Circle saw its value drop to an alarming level on Binance. This created a situation of panic within the crypto community.
Tether has partnered with the FBI to freeze a colossal sum of 435 million dollars in crypto. Does this unprecedented partnership mark a turning point in cryptocurrency regulation, or is it simply another chapter in the crypto saga? Let's dive into the juicy details of this unlikely alliance.
The transfer of the cryptocurrencies earned from this drop will occur in mid-January.
Yesterday pinned, today fearless. PayPal has just thrown down the gauntlet to the authorities by asserting its determination to pursue its blockchain innovations. Let's analyze this statement that sounds like a declaration of war.
PayPal, the payment giant, has just achieved another crucial milestone. Indeed, the UK's financial market regulator, the Financial Conduct Authority (FCA), has granted it the green light to offer crypto services across the entire territory of the United Kingdom. Let's take a closer look!
Stablecoins, much like crypto assets, do not enjoy unanimous support from governments. Even though stablecoins appear to offer more security, Japan is grappling with a crucial question: are they as reliable as they seem? And in case they are not, how can greater security be ensured in the sector?
Chainalysis has published its annual ranking of countries based on their affinity for Bitcoin, stablecoins, and other cryptocurrencies.
For several months now, PayPal has chosen to enter the world of cryptocurrency and blockchain. The major player in online payments has been launching innovative initiatives to establish itself in the crypto market. The latest crypto developments involve patent applications that would allow PayPal to dive deeper into the world of NFTs and blockchains.
The European Union (EU) is currently preparing for the implementation of the MiCA crypto standards. This law aims to regulate stablecoins. Today, this regulation is sparking debates and concerns regarding its impact on the crypto market, especially on stablecoins.