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MakerDAO Considering Allocating Up to $600,000,000 in DAI in Arthur Hayes-Backed Stablecoin USDe

The decentralized finance (DeFi) protocol Maker (MKR) is considering allocating up to $600 million worth of its stablecoin DAI into…

April 3, 2024

USDM Stablecoin Goes Live on Cardano (ADA) Mainnet, Issuer Looking for Institutional Minters of Fiat-Backed Crypto

A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The financial firm Mehen launched the USDM stablecoin over…

March 19, 2024

Tether Sees Record-Breaking Profits, Largely Driven by Interest Payments From US Treasuries

Stablecoin issuer Tether’s latest attestation report reveals that the firm made record profits in Q4, mostly driven by interest payments…

January 31, 2024

Stablecoin Issuer Circle To Launch USDC Natively on Top of Celo Blockchain

Stablecoin-issuer Circle says it's bringing USDC to the Celo (CELO) blockchain, according to a new press release from The Celo…

January 30, 2024

Tether (USDT) Nears $100 Billion Market Cap After Printing More Than $10,000,000,000 in Three Months

Stablecoin issuer Tether (USDT) is nearing a $100 billion market cap after adding about $10 billion to its valuation during…

January 21, 2024

Tether Now Holding at Least $2,821,269,600 in Bitcoin As BTC Accumulation Spree Continues, Says Quant Analyst

Stablecoin issuer Tether (USDT) is now holding at least $2.82 billion of Bitcoin (BTC) as the firm continues to scoop…

January 18, 2024

Stablecoins Remain Blockchain and Crypto’s ‘Killer App’ Amid Tech Advancements, Says Circle CEO Jeremy Allaire

Circle chief executive Jeremy Allaire thinks additional regulatory clarity will pave the way for increased stablecoin adoption in 2024. In…

January 17, 2024

USDC Issuer Circle Submits Preliminary Documents to the SEC in Preparation for Proposed IPO in the US

USDC issuer Circle wants to become a publicly traded company in the US. The stablecoin company says in a new…

January 12, 2024

Coinbase Expanding to Africa by Teaming Up With Leading African Stablecoin Exchange Yellow Card

The top US-based crypto exchange platform is venturing into Africa after announcing that will be teaming up with Yellow Card,…

January 11, 2024

Paxos Becomes Multi-Chain Stablecoin Issuer, Expands to Solana (SOL) Blockchain

Stablecoin issuer Paxos is expanding into the Solana (SOL) network, becoming the first multi-chain platform to be regulated across multiple…

December 23, 2023