[ad_1] Stablecoin Tether and Circle’s USDC dominate the market. Justin Tallis | Afp | Getty Images Singapore’s financial regulator on Tuesday said it had finalized rules for a type of…
Tag: USD Coin/USD
Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoin
[ad_1] Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over. Justin…
Stablecoin USDC nearly regains $1 peg after Circle says $3.3 billion held with SVB will be available
[ad_1] In this photo illustration, a woman holds a smartphone with the USD Coin (USDC) logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images…
The SEC has a stablecoin firm in its sights — and it could shake up the whole $137 billion market
[ad_1] Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images The U.S. Securities and Exchange Commission…
Crypto markets on edge as U.S. regulatory crackdown on industry intensifies
[ad_1] Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images Digital currency markets are on edge…
Crypto exchange Binance will suspend U.S. dollar transfers
[ad_1] Zhao Changpeng, founder and chief executive officer of Binance, attends a conference at Porte de Versailles exhibition center in Paris, France June 16, 2022. Benoit Tessier | Reuters Binance,…
A stablecoin collapse could spill into the U.S. bond market and economy, professor warns
[ad_1] The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic has…