Media: Fidelity Investments is preparing a stablecoin — Tether CEO talks about the beginning of a new era
There are already more than 20 stablecoins in the world. It seems like more than enough. But no. Recently Trump’s World Liberty Financial announces plans for USD1 stablecoin. Following this, the American financial company Fidelity Investments announced that it would issue its own stablecoin. The firm, which manages $5 trillion in assets, is…
Trump’s crypto empire is growing: World Liberty Financial to launch its own stablecoin — USD1
Trump’s DeFi platform World Liberty Financial not only has completed a public token sale WLFI, but also announced the launch of its own stablecoin with a USD1 ticker, which will be pegged 1:1 to the US dollar (USD).
What’s up, USA? China starts promoting its own cryptocurrencies and yuan
The confrontation between China and the United States in the technology sector is gaining momentum. Initially, it was artificial intelligence and now it’s time for cryptocurrencies. The first crypto President of the United States, Donald Trump, promised to make the country a leader in this market. But so far, all he has managed to do is cause…
Binance to remove trading pairs with 9 stablecoins, including USDT and DAI
The world’s largest crypto exchange Binance has announced the removal of spot trading pairs with stablecoins that do not correspond to EU Regulation on markets in cryptoassets (MiCA). The changes will take effect in March and apply to users of the European Economic Area (EEA). Nine stablecoins were delisted:
Tron launches Gas Free: USDT transactions without commission
Founder of the Tron blockchain and owner of a banana for $6.24 million, Justin Sun announced Gas Free feature for Tether’s USDT stablecoin. This update, which will be implemented over the next week, will allow USDT transactions to be made without the need to use the native Tron token (TRX) to cover fees (gas).
Stablecoins overtook Visa and Mastercard in 2024, — ARK Invest
The volume of transactions using of stablecoins in 2024 reached a record $15.6 trillion (it was $7 trillion in 2023), exceeding Visa’s by 119% and Mastercard’s by 200%. This is what the reports Big Ideas 2025 by ARK Invest.
Tether has launched «universal» stablecoin USDT0: what it is and how it works
Tether, the issuer of the largest stablecoin USDT, announced the launch of a new omnichain stablecoin USDT0 on the Kraken platform. Access to deposits and withdrawals of tokens has been available since January 16.
New rules for cryptocurrencies in the EU: what will change in 2025
Starting December 30th, another component of the Markets in Crypto-Assets (MiCA) regulation officially kicked into gear, radically changing how cryptocurrencies are regulated across European Union countries. Here’s what’s new:
An important signal: why did cryptowhales start moving stablecoins?
After the Christmas dip in the crypto market, positive trends have emerged: the so-called “whales” (large investors) have begun actively transferring stablecoins to crypto exchanges. According to data from the Santiment analytics platform for tracking deposits on top centralized exchanges (CEX), 7 large FDUSD deposits were made on…
MiCA vs. cryptocurrencies: can USDT and other stablecoins survive in the EU?
The European cryptocurrency market is on the verge of significant changes due to the MiCA regulation, which sets strict requirements, including for stablecoins. Popular USDT and DAI risk being permanently removed from European platforms, which is causing concern among users. Will the new rules really protect consumers, or will they be a blow to…
Tether invests $775 million in YouTube competitor and launches its own AI platform
Tether, a global leader in the stablecoin arena, is gearing up to launch an artificial intelligence (AI) platform in the first quarter of 2025 as part of its diversification strategy. The platform will allow users to interact with AI through their mobile devices.
Farewell to USDT and USDC? Ripple launches its own stablecoin RLUSD
Ripple launches its own stablecoin RLUSD on December 17. The coin is pegged to the US dollar at a 1:1 ratio and is available to users on five cryptocurrency exchanges: Uphold, Bitso, MoonPay, Archax, and CoinMENA. In the coming weeks, Ripple plans to expand the list of exchanges, including platforms such as Bitstamp, Bullish, Independent Reserve,…
Coinbase to drop Tether USDT and 5 other stablecoins in Europe
Cryptocurrency exchange Coinbase will remove six stablecoins from platforms in Europe due to the upcoming implementation of stricter regulations under the European Markets in Crypto-Assets Regulation (MiCA) law.
Ripple enters the final stage of launching RLUSD stablecoin — USDT’s main competitor
Ripple’s stablecoin, RLUSD, has received the final approval from the New York Department of Financial Services (NYDFS), announced CEO Brad Garlinghouse.
Stablecoins capitalization exceeded $204 billion with Ethena USDe becoming a leader
Stablecoin markets have hit a record level, surpassing the $204 billion mark, according to data from CoinGecko. This 13% growth over the past month is linked to higher yields in on-chain lending, currently outperforming traditional financial metrics. This is evidenced by the rise in total value locked (TVL) in decentralized lending protocols to $54…
«How Libra» was destroyed: the former Meta crypto project head reveals the reasons behind the collapse
David Marcus, the former head of Meta’s Libra stablecoin project, said that the reason for the failure was not economic or technical problems but political pressure from regulators. In a post titled «How Libra was destroyed», he described how the company had to cancel its ambitious plans due to problems at the highest level.
Ripple becomes the main competitor of Tether and USDC with RLUSD stablecoin
Ripple Labs has announced the launch of Ripple USD (RLUSD), a stablecoin pegged to the US dollar. It is expected that this cryptocurrency will receive approval from the New York State Department of Financial Services (NYDFS) and will become available on December 4. The launch of RLUSD comes amid Ripple’s long-running battle with the U.S.…
Tethember: the company behind the most popular USDT stablecoin will release two new products in November
Tether Chief Executive Officer (CEO) Paolo Ardoino said that the company preparing to launch two new products this month, which it has named Tethember. But he is he added that the launch may be delayed by about 7 days amid the US presidential election on November 5.
Paxos launches USDG regulated stablecoin and names it «global dollar»
Last July, blockchain company Paxos Global received permission from the Monetary Authority of Singapore (MAS) to issue a stablecoin in partnership with the country’s largest bank — DBS. On October 31, Paxos confirmed the launch of a localized Singaporean stablecoin, Global Dollar (USDG), on the Ethereum blockchain, designed to support…
Solana launches sUSD stablecoin with a yield of 4-5%
The Solana platform has launched sUSD (Solayer USD), the first stablecoin of its kind backed by US Treasury bonds. The first synthetic RWA-stablecoin not only maintains a stable 1:1 exchange rate against the US dollar, but can also generate 4-5% annualized yield, making it more attractive than conventional stablecoins (looks like difficult times…
Wall Street is preparing a Tether USDT «killer»
It would seem that recently Tether has enough negativity already. Protos analysts have even calculated that since 2015, Tether has attracted the attention of the US authorities 19 times.
Tether denies allegations of illegal USDT operations
Tether CEO Paolo Ardoino denies that his company is under investigation by US federal agencies. In his posts on the X platform, he commented the Wall Street Journal (WSJ) publication which refers to a possible investigation of Tether’s activities for violating anti-money laundering laws and non-compliance with sanctions.
The stablecoin hryvnia UAHg has been integrated with Trust Wallet
The stablecoin hryvnia UAHg, launched last year, received integration with Trust Wallet. All functions are available in the decentralized wallet, including transactions, exchanges, and investment opportunities. Bonuses are also available to users.
New Tether records: $120 billion in capitalization, 36 million new users and 10 years on the market
The market capitalization of Tether’s USDT stablecoin has reached a record $120 billion, signaling a potential cryptocurrency the bull rally in October, also called Uptober. This is potentially evidenced by the fact that the price of bitcoin has started to rise, reaching $69,400 on October 21. This is very close to the record of $73,737. I…
A billion-dollar deal: Stripe acquires crypto startup Bridge
American technology company Stripe is in talks to acquire crypto startup Bridge for $1.1 billion. If the deal is finalized, it will be the largest acquisition in the history of Stripe and the crypto industry in general.
Cryptocurrency activity has reached an all-time high, — a16z crypto
According to the «Cryptocurrency State of the Art Report» by a16z crypto, the activity and use of cryptocurrencies reached record levels. In September, 220 million addresses interacted with the blockchain at least once, and this figure has more than tripled since the end of 2023.
Is TUSD stablecoin — dangerous? Curve Finance may remove it from the list of crvUSD collateral assets
Curve Finance, a decentralized exchange for trading stablecoins (DEX), is considering removing TrueUSD (TUSD) from the list of support tokens for its own Curve USD (crvUSD). This decision is due to concerns about the stability of TUSD. It is also planned to reduce the issue of crvUSD using the PayPal stablecoin (PYUSD) from $15 million to $5…
Fintech giant Revolut is preparing its own stablecoin
While everyone is sounding the alarm about dubious activities and lack of transparency of the issuer of the top stablecoin UDST — Tetherwhose collapse could bring down its competitors, Revolut suddenly announces its intention to launch its own label.
Will Tether become the new FTX? Crypto market on the verge of disaster
Tether, the issuer of the top stablecoin USDT, has been at the center of numerous scandals and investigations over the years due to its non-transparent operations. The main concern of regulators and investors is the lack of a full independent financial audit of the company. Although Tether writes about transparency on its website and assures…
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