How Tether Emerged as a Winner in a Wobbly Stablecoin Market
The world of stablecoins is suddenly looking shaky.Seismic shifts may be afoot in the $137 billion (roughly Rs. 11,35,000 crore) market after New York-based…
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Stablecoin
Binance’s Stablecoin Company Paxos in Discussions With US SEC
The firm behind Binance's stablecoin, Paxos Trust Company, is in discussions with the U.S. Securities and Exchange Commission after the regulator told the…
Crypto firm Paxos ordered to stop issuing Binance stablecoin
New York regulators have ordered the cryptocurrency firm Paxos to stop issuing Binance USD (BUSD) — the third largest stablecoin by market cap and pegged to…
Binance Stablecoin Backer Ordered to Stop Issuing Token: Binance CEO
New York's chief financial regulator has ordered Paxos, the company behind the stablecoin of major crypto exchange Binance, to stop issuing the token, Paxos…
PayPal Pauses Work on Stablecoin Amid Increased Crypto Scrutiny by Regulators
PayPal Holdings Inc. is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner in the project faces a probe by…
Russia, Iran to Co-Create Stablecoin Crypto Asset ‘Token of Persian Gulf’
Russia and Iran, two countries that are looking to develop guidelines to regulate the cryptocurrency sector, are reportedly planning to form an alliance to…
Bitcoin, Ethereum Record Small Price Fluctuations, Stablecoin Prices Dip: All Details
After two days of majority cryptocurrencies seeing gains, various cryptocurrencies saw their prices fluctuate on Thursday. Bitcoin, with a loss of 0.37…
BTC, ETH Record Small Price Fluctuations, Stablecoin Prices Dip
After two days of majority cryptocurrencies seeing gains, various cryptocurrencies saw their prices fluctuate on Thursday. Bitcoin, with a loss of 0.37…
BTC, ETH Trade Lowly With Losses, Stablecoins Record Profits Close to November End
More cryptocurrencies saw losses than profits, as the turbulent month of November 2022 inches closer to its end. Bitcoin on Monday, November 28, opened with…
Cardano to Launch its Algorithmic Stablecoin Named ‘Djed’ Next Year
Cardano is all geared up to launch an algorithmic stablecoin in 2023, that will be backed by crypto collateral in excess. The proof-of-work (PoW) blockchain…