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stablecoin

Top Stablecoin Tether (USDT) Ends Support for Kusama (KSM), Bitcoin Cash (BCH) SLP and Omni Layer (OMNI) Chains

Tether, the firm behind the largest stablecoin by market cap, has officially ended support for three different blockchains. On Thursday,…

August 18, 2023

Voyager Sends $85,000,000 in USDC to Circle As Bankruptcy Unfolds: On-Chain Data

Blockchain tracker Lookonchain says that the bankrupt crypto lender Voyager has deposited $85 million worth of the stablecoin USD Coin…

August 16, 2023

PayPal Makes Another Move With Rollout of ‘Cryptocurrencies Hub’ for Select Users

Payments giant PayPal is rolling out a new 'Cryptocurrencies Hub' that will allow certain users to hold, transfer or trade…

August 14, 2023

US Treasuries and Real World Assets Bringing Renewed Interest in DeFi, Says Analytics Firm IntoTheBlock

Market intelligence firm IntoTheBlock says that US treasuries, stablecoins yields and real-world assets are giving decentralized finance (DeFi) a shot…

August 14, 2023

PayPal Executive Says PYUSD Will Be Made Available for DeFi in the Future

An insider from PayPal says the firm’s new stablecoin, PYUSD, will ultimately launch on decentralized finance (DeFI) platforms sometime in…

August 13, 2023

Under-the-Radar DeFi Altcoin Outpaces Overall Crypto Market This Week Amid Testnet Rollout of New Feature

One under-the-radar decentralized finance (DeFi) altcoin is outpacing the overall crypto market this week as the project launches the testnet…

August 12, 2023

Over $160,000,000 in Ethereum and Other Crypto Assets Moved to Coinbase’s Layer-2 Solution Hours After Launch

Hundreds of millions of dollars worth of Ethereum (ETH) and other crypto assets have been moved to Coinbase’s new layer-2…

August 10, 2023

Circle CEO Jeremy Allaire Says Majority of USDC Adoption Comes From Outside the US

Circle CEO Jeremy Allaire says that non-US markets are driving the adoption of Circle's dollar-pegged stablecoin USD Coin (USDC). Allaire…

August 9, 2023

PayPal Unveils New Dollar-Backed Stablecoin PYUSD Built on Top of Ethereum Network

One of the world's leading payments firms is making a new push into crypto with a brand new US dollar-backed…

August 7, 2023

Tether CTO Paolo Ardoino Says Stablecoin Giant Not Competing With Banking System

Tether CTO Paolo Ardoino says the world’s largest stablecoin issuer does not view itself as a competitor of banks despite…

June 22, 2023