Category sc : Stablecoins

Bank of Russia to Launch Digital Ruble...

The Bank of Russia is set to roll out the payment infrastructure for the country’s central bank digital currency (CBDC), known as the digital...

Stablecoin Adoption Hits 8.7 Million Wallets Amid...

The adoption of stablecoins has surged, with a recent report from CoinGecko revealing that 8.7 million wallet addresses now hold these digital assets. This...

Circle and Sony Introduce USDC on Soneium...

Circle has partnered with Sony's blockchain to increase USDC adoption on the Soneium L2 network. The Bridged USDC Standard enables Web3 producers to...

Lazarus Group’s $5 Million in Stablecoins Frozen...

The Lazarus Group, a notorious hacking organization with links to North Korea, has had nearly $5 million worth of stablecoins frozen by major issuers...

Circle to Move Headquarters to New York

Circle will move to “the heart of Wall Street” in early 2025 as the move symbolizes Web3’s entry into the mainstream, according to the...

Tether Under Fire for Not Disclosing Reserves...

A consumer watchdog has warned about the lack of transparency Tether exhibits in confirming the reserves backing its stablecoin and it ignoring the amount...

Circle Integrates Arbitrum into USDC Web3 Platform

Circle Internet Financial, the company behind the US Dollar Coin (USDC), has announced the integration of the Arbitrum layer-2 scaling chain into its Web3...

Tether, Tron, and TRM Labs Join Hands...

The T3 Financial Crime Unit will work to reduce criminal activity associated with USDT on Tron, collaborating with law enforcement agencies to hold criminals...

Tether Invests $100 Million in Argentinian Agro...

Tether has invested $100 million in Latin American agro-business Adecoagro to buy into 9.8% of the company. Household Web3-native company Tether has taken a step...

Brad Garlinghouse Hints at Ripple’s Stablecoin Launch...

The Ripple CEO appreciated Japan’s crypto regulatory scene while saying that Yen-pegged stablecoins will soon emerge. Ripple CEO Brad Garlinghouse mentioned that Japan proves to...