Category: Stablecoins
Circle and Sony Introduce USDC on Soneium Blockchain for Creators
Circle has partnered with Sony’s blockchain to increase USDC adoption on the Soneium L2 network. The Bridged USDC Standard enables Web3 producers to make safe,…
Lazarus Group’s $5 Million in Stablecoins Frozen Following Investigation
The Lazarus Group, a notorious hacking organization with links to North Korea, has had nearly $5 million worth of stablecoins frozen by major issuers following…
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 stablecoin…
Tether Under Fire for Not Disclosing Reserves Transparently
A consumer watchdog has warned about the lack of transparency Tether exhibits in confirming the reserves backing its stablecoin and it ignoring the amount of…
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 infrastructure…
Tether, Tron, and TRM Labs Join Hands to Launch the T3 Financial Crime Unit
The T3 Financial Crime Unit will work to reduce criminal activity associated with USDT on Tron, collaborating with law enforcement agencies to hold criminals accountable…
Tether Invests $100 Million in Argentinian Agro Business
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 in Japan
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…
Major Japanese Banks Back Stablecoin Project for Cross-Border Settlements
Project Pax aims to improve cross-border business payments through fiat-pegged stablecoins operating over a highly interoperable platform. Blockchain companies Datachain and Progmat announced Project Pax,…
