usd stablecoins – DIGIT INFO

MiCA Spurs Major Shift in Euro Stablecoin Market, Kaiko Analysis Shows

DIGIT — Tue, 15 Oct 2024 21:31:25 +0000

The European Markets in Crypto-Assets Regulation (MiCA) has made a noticeable impact on the euro stablecoin landscape, according to a fresh report by Kaiko. The research points out that MiCA’s rollout has triggered several delistings and adjustments to offerings on major exchanges. Study: Euro Stablecoin Market Transformed by MiCA Three months into MiCA’s enforcement, the […]

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Wazirx Plans to Delist 3 Stablecoins, Leftover Balances Will Be Auto-Converted to BUSD

DIGIT — Mon, 19 Sep 2022 22:30:00 +0000

The crypto asset exchange Wazirx is following Binance’s move by delisting a number of stablecoins and automatically converting them to BUSD at a 1:1 ratio. Wazirx customers have until September 23 to withdraw their stablecoins if they don’t want the funds converted. Wazirx Plans to Drop 3 Stablecoins and Auto-Convert Them to BUSD by October […]

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Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

DIGIT — Wed, 07 Sep 2022 17:30:16 +0000

On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change “will likely lead to more usdc flowing to Binance.” […]

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Binance to Drop USDC Trading Pairs, Plans to Auto-Convert Specific Stablecoin Balances to BUSD

DIGIT — Mon, 05 Sep 2022 23:05:42 +0000

The world’s largest cryptocurrency trading platform by trade volume, Binance, issued a notice on Monday explaining that the exchange will be removing the stablecoin USDC from the platform’s spot trading pairs list. Binance further details that users holding three types of stablecoins will see their balances auto-converted into BUSD if the user does not remove […]

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SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

DIGIT — Fri, 13 May 2022 05:21:22 +0000

The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure.

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Top US Banking Regulator: Banks Are Authorized to Use Public Blockchains and Stablecoins for Payment Activities

DIGIT — Tue, 05 Jan 2021 18:30:06 +0000

The top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this is good for bitcoin and its importance should not be understated. Banks Can Use Public Blockchains and Stablecoins The Office of the Comptroller of the […]

The post Top US Banking Regulator: Banks Are Authorized to Use Public Blockchains and Stablecoins for Payment Activities appeared first on Bitcoin News.

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