Crypto payments: PayPal’s stablecoin ripple effect on markets
Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption? Go to Source
Stablecoin
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Tether moving into infrastructure, energy production, CEO Ardoino says
Tether will build renewable energy facilities in Uruguay and El Salvador, the new CEO told Cointelegraph. Go to Source
Binance will end support for BUSD stablecoin in December
Many users’ Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. Go to Source
Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin. Go to Source
Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000. Go to Source
Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO
Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said. Go to Source
Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation
Consensys senior counsel and director of global regulatory matters Bill Hughes spoke at the North American Blockchain Summit on crypto bills and their role in politics. Go to Source
New Zealand dollar stablecoin goes live through local crypto exchange
Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership with an Australian blockchain development firm. Go to Source
Tether’s bank partner Britannia sued over $1B deposit — Report
Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether. Go to Source
Tether freezes $225M USDT linked to romance scammers amid DOJ investigation
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam. Go to Source