PYUSD’s 30-Day Surge of 72% Vaults Paypal’s Offering Into USD Stablecoin Top Ten
Over the final month, the provision of Paypal’s PYUSD stablecoin has seen a considerable enhance, surging by over 72% from 167.83 million to 289.43 million...
Consortium of Nigerian Banks and Fintechs Cleared to Pilot Stablecoin
The Nigerian central financial institution has given its go-ahead for the Africa Stablecoin Consortium (ASC) to pilot its cNGN stablecoin initiative within the monetary regulator’s...
Gamma Heist — Over $3M in Digital Assets Drained, 1,000 ETH Moved to Tornado Cash
On Jan. 4, the decentralized finance protocol Gamma Strategies was a sufferer of a hacking assault which noticed criminals make off with digital belongings price...
USDC Stablecoin Temporarily Depegs to $0.76 on Binance Amid Market Turbulence
Circle’s USDC, usually pegged to the greenback, skilled sudden volatility on Binance, dipping as little as $0.76 amidst a market rattled by Bitcoin ETF skepticism...
Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence
Over the previous few years, the stablecoin market has considerably slowed, significantly since mid-2022, following the collapse of Terra’s stablecoin. Additionally, final 12 months, the...
Hong Kong Regulators Unveil Public Consultation Paper on Stablecoin Regulation
Hong Kong Monetary Authority (HKMA) and Financial Services and the Treasury Bureau have launched a public session paper to assemble residents’ opinions on the proposed...
Paxos Expands to Solana Following NYDFS Nod, Widening Stablecoin’s Horizon
The tokenization and stablecoin platform Paxos has revealed plans to broaden its stablecoin issuance to the Solana blockchain. The firm, which oversees the pax greenback...
GHO Stablecoin Fails to Enforce Dollar Peg Amid Criticism, Receives D Grade From Bluechip
Roughly three weeks in the past, Bitcoin.com News lined the stablecoin GHO, when it achieved a notable milestone by reaching $0.98 per coin. However, on...
Supply of Stablecoins on Ethereum Protocol 30% Lower Than in 2022 — Study
The provide of stablecoins on the Ethereum chain has dropped by greater than 30% from the height of $100 billion to $66 billion since 2022....
Circle Launches EURC Stablecoin on Solana, Expanding Euro Access within the Crypto Space
Expanding the worldwide attain of euro-based stablecoins, Circle has debuted its EURC token on the Solana blockchain, providing a completely reserved, euro-backed digital asset. Circle...