Circle to launch ‘official version’ of USDC natively on Arbitrum
USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network.
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CNHC stablecoin issuer detained by Chinese police: Report
KuCoin Ventures and Circle Ventures are among the investors in the Chinese offshore yuan-pegged stablecoin, which is reportedly under investigation in China.
Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar.
USDT market share jumps amid economic uncertainty, USDC shrinks
Over the past year, Circle's USD Coin has seen its market share decline from 34.88% to 23.05%. Tether's USDT shows a contrasting picture.
Stargate community proposes removal of Fantom USDC pool to mitigate risks
So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal.
US House stablecoin hearing focuses on competing bills for regulation
The answer to the question of what level stablecoin issuers are regulated on “need not be binary,” one witness said.
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized…
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With…
Jump Trading faces lawsuit over alleged $1.3B profit from TerraUSD
Jump Trading and its CEO Kanav Kariya are accused of violating United States regulations and unjust enrichment in the lawsuit.
Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro
Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean,…
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