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Circle and GitHub have both complied with recent U.S. sanctions against the Ethereum coin mixer Tornado Cash. Companies Enforce Tornado Sanctions Companies are beginning to block Tornado Cash-related activity. Earlier...
Stablecoin issuers can blacklist interactions with the Tornado Cash dApp on the Ethereum smart contract level.
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated…
The Tether printers have been fired up again as the USDT circulating supply has started to tick up.
The Buenos Aires-based soccer team Banfield sold one of its best players (Giuliano Galoppo) to the Brazilian giant São Paulo. Interestingly, the latter paid the transfer sum in cryptocurrencies instead…
While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569…
Dante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment."
After the collapse of the Terra ecosystem (which included its native token LUNA and its algorithmic stablecoin UST), the crypto community started to become more cautious about stablecoins, pushing large…
As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions.
In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements.