Category sc : Stablecoins

Wyoming to Launch State-Backed Stablecoin in 2025,...

The U.S. state of Wyoming is making significant steps in the cryptocurrency space by promoting crypto payments and planning to launch its stablecoin, the...

Stablecoin Issuer Tether Has Reclaimed Over $108...

Tether recently assisted the US DoJ in recovering close to $5 million worth of USDT lost in a romance scam. It has reclaimed...

Coinbase Introduces Euro to EURC Conversion with...

Coinbase, the popular cryptocurrency exchange, has announced that it will begin offering seamless conversions between the euro (EUR) and the euro-pegged stablecoin EURC starting...

12,000 Bitcoin Removed from USDD Reserves, Sun...

Tron founder Justin Sun has downplayed concerns following the removal of 12,000 Bitcoin, worth over $729 million, from the reserves backing Decentralized USD (USDD),...

Tether Will Launch Dirham Stablecoin in the...

Tether has teamed up with Phoenix Group and Green Acorn Investments to bring a Dirham-pegged stablecoin to the UAE. The stablecoin will ensure...

Phishing Attack Stole $55 Million From Whale

A whale signed a transaction request from an unknown source, causing them to lose $55 million in DAI tokens. The hacker converted a...

Tether USDT Joins Aptos Blockchain for Ultra-Low-Cost...

Tether has set up USDT on Aptos Blockchain to leverage its speed and scalability. The integration offers extremely reduced gas fees, making transactions...

Celsius Is Suing Tether, Asking $3.4 Billion...

Celsius Network, the defunct cryptocurrency company and Bitcoin mining firm, has filed a lawsuit demanding $3.4 billion in bitcoin from Tether. The suit alleges...

Ripple Begins Testing Its RLUSD Stablecoin

Ripple began testing its new stablecoin on Thursday, the Ripple USD (RLUSD), on the XRP Ledger and Ethereum mainnets. RLUSD is presently in its...

Tether Shatters Records with Unprecedented $5. 2...

Tether, the most popular stablecoin issuer in the market has set a new record in the sector by generating $5.2 billion profit in the...