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Circle Partners with Coins.ph to Drive Financial Inclusion via Remittances in the Philippines

Stablecoin issuer and fintech firm Circle announced a strategic partnership with Philippines-based digital asset provider Coins.ph to improve the existing remittance landscape of the region. The partnership seeks to promote…

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Terraform Labs Accuses Citadel Securities of Destabilizing its UST Stablecoin

In the latest twist, Terraform Labs, a defunct crypto network, is accusing Citadel Securities of participating in intentional efforts to destabilize its stablecoin TerraUSD classic (USTC) in 2022, eventually leading…

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Alameda Research Minted Over $39B USDT, Accounting for Nearly Half of Tether’s Circulating Supply

Conor Grogan, a director at Coinbase, recently took to X to point out that on-chain data reveals that Alameda Research minted 39.55 billion USDT tokens. This figure represents 47% of…

Continue ReadingAlameda Research Minted Over $39B USDT, Accounting for Nearly Half of Tether’s Circulating Supply