Societe Generale Forge partners with Bitpanda for euro stablecoin ahead of MiCA
The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers. Go to Source
Stablecoin
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Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims
The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator Charges Crypto Companies Trusttoken and Truecoin According to the SEC’s complaint released on Tuesday, Truecoin and Trusttoken … Read more
Celo’s Surge In Stablecoin Adoption: What’s Driving The Growth?
This week at @Token2049, the Celo Foundation and cLabs are making headlines as Celo’s daily active stablecoin addresses recently surpassed those of @trondao. But what’s fueling this impressive rise in Celo’s stablecoin usage? While daily active addresses can be a limited metric, a deeper look into Celo’s stablecoin transaction volumes reveals the true growth. Transfer … Read more
Crypto-Friendly Digital Bank Revolut Set to Launch Its Own Stablecoin
Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech company, which holds a UK banking license, aims to ensure compliance and safety with this … Read more
Bitgo to Launch USDS Stablecoin in January 2025
Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The stablecoin will be backed by U.S. Treasury bills, overnight repos, and cash, aiming to create … Read more
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters. Go to Source
Tether Treasury Mints $1B USDT On Ethereum Ahead Of Anticipated FED Rate Cut
Approximately three hours ago, the Tether Treasury minted 1 billion USDT on the Ethereum network. This minting activity comes just before the highly anticipated Federal Reserve interest rate cut, scheduled for September 17-18. Over the past year, the Tether Treasury has issued a staggering 35 billion USDT, playing a key role in Bitcoin’s price surge … Read more
Circle integrates USDC with national payment systems of Brazil, Mexico
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions. Go to Source
USDT on TON chain surpasses $1 billion: Token Terminal
Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC). Go to Source
Circle’s USDC stablecoin to launch on Sui network
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol. Go to Source