Circle enables USDC transfers in Brazil and Mexico
Circle announces support for USDC in Brazil and Mexico. The company has integrated local payment systems PIX and SPEI to…
Agora-Backed AUSD Stablecoin is Live on Sui
Grand Cayman, Cayman Islands, September 5th, 2024, Chainwire After successful launches on other major networks, AUSD has deployed on Sui,…
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial DAI Stablecoin Change
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Anchorage Digital adds rewards for PayPal USD holders
Anchorage Digital, a federally-chartered crypto bank, has added support for rewards for holders of the stablecoin PayPal USD (PYUSD). PYUSD…
Tether plans to launch Dirham-pegged stablecoin
Tether will launch a Dirham-pegged stablecoin in collaboration with Phoenix Group. New stablecoin will join USDT, EURT and other Tether-issued…
Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says; USDT Issuer Claims Sour Grapes
However, Tether refuted JPMorgan's arguments and said the firm remains optimistic about how MiCA will impact the industry in the…
USDT Issuer Tether to Fight Celsius’ $3.3 Billion ‘Shakedown’ Litigation
The case concerns a loan agreement between Celsius and Tether that allowed Celsius to borrow stablecoins "to operate certain critical…
DeFi Protocol Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
Mountain Protocol's USDM, for example, backs its price by holding U.S. Treasuries, but passes on the bond yields to token…
Stablecoin Market Cap Jumps to $164B After Months of Stagnation as Capital Flows Into Crypto
The expansion "indicates growing investor optimism, underpinning a bullish outlook," Wintermute said in a note shared with CoinDesk. "The increase…
UAE Central Bank introduces new Stablecoin regulations
The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments.…