Trump crypto project proposes Aave link in governance proposal
The Donald Trump-backed crypto platform, World Liberty Financial, wants to run as an instance on the DeFi protocol Aave. Go to Source
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Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD
Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto Liquidity, Ripple’s RLUSD Market Cap Rises According to a recent report from Cryptoquant, stablecoin liquidity soared … Read more
Tether user base hits 350M in 2024 following 24% surge
The news comes amid the company’s 10-year anniversary celebration. Go to Source
Coinbase to Delist USDT in Europe Amid New EU Regulations
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state. … Read more
Stablecoin Supply Sees 32.4% Surge In 2024, Ethereum And TRON Jockey For Market Share
From January to September 2024, the total supply of stablecoins expanded significantly, increasing by 32.4%. Ethereum, which remains a key player in the space, saw its own stablecoin supply rise by 25.5%, amounting to $17.2 billion. Despite this growth, Ethereum’s dominance in the stablecoin market dropped slightly, from 51.9% to 49.1%, as the overall sector … Read more
US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Theft in Ohio
The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure. … Read more
Tether is ‘best friend’ of US, says CEO Paolo Ardoino
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph. Go to Source
Coinbase to delist noncompliant stablecoins under EU MiCA rules
Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations. Go to Source
Gemini’s exit from Canada: What’s driving crypto exchanges out?
Gemini’s exit came just a few days after the Canadian Securities Administrators released an update to crypto trading firms about stablecoins. Go to Source
Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams
Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering millions for victims. According to the stablecoin issuer, it has … Read more
