Stablecoins

Tether Consolidates $2 Billion in USDt to...

Tether moved $2 billion worth of USDt to Ethereum from multiple chains on behalf of a third-party exchange. Stablecoin issuer Tether announced on November 6...

Circle Eyes Hong Kong Expansion Amid New...

Circle intends to hire in Hong Kong, utilizing its stablecoin strategy. The HKMA plans to regulate stablecoins and improve crypto integration by 2025. Circle,...

Global Dollar Network Launched to Revolutionize Stablecoin...

Global Dollar Network launches USDG stablecoin to improve financial inclusion, boost stablecoin adoption, and solve current market limitations. In a significant development, leaders in fintech...

Circle Targets Hong Kong for USDC Expansion

Circle plans to expand its USDC stablecoin operations in Hong Kong, awaiting new regulations to guide its business strategy and growth. Circle, the issuer of...

TRON Mints $1 Billion USDT in Significant...

TRON mints $1 billion USDT, boosting liquidity and solidifying its role as a key platform for stablecoin transactions and DeFi applications. In a significant development...

Tether to Deploy Dirham-Pegged Stablecoin on TON

Tether will launch its yet-to-be-deployed AED-pegged token on TON. The largest stablecoin issuer, Tether, will launch its dirham-pegged stablecoin for the first time, deploying it...

Paxos Launches Singapore-Regulated US Dollar-Backed Stablecoin

Paxos released a new stablecoin aimed at global adoption and regulated by Singapore’s MAS. Stablecoin and real world asset (RWA) issuer Paxos announced the launch...

Tether Reports $2.5B Net Profit in Q3...

Tether reports a $2.5B net profit in Q3 2024, achieving $134.4 billion in total assets, demonstrating financial strength. Tether has released its third quarter financial...

Circle Raises Redemption Fee for Large-Scale USDC...

Circle increased its minting fees for a second time this year. Stablecoin issuer Circle has increased USD Coin (USDC) minting fees for the second time...

Solayer and OpenEden Will Issue Yield-Bearing Stablecoins...

Solayer, a restaking protocol on Solana, and OpenEden, a real-world asset (RWA) issuer, have partnered to launch a yield-bearing stablecoin backed by US Treasury...