Stablecoin issuer Circle has dismissed false claims of facilitating illicit financing activities. In a letter addressed to US Senators Sherrod Brown and Elizabeth Warren, the company also said it does…
TrueUSD (TUSD), a stablecoin with a market cap exceeding $3.1 billion, appears “shaky” and briefly depegged on November 22, dropping to as low as $0.9976 before restoring its peg. The…
In the wake of Ripple’s announcement regarding the integration of an Automated Market Maker (AMM) into the XRP Ledger (XRPL), the community has been abuzz with speculation and debate. Central…
[PRESS RELEASE – Hong Kong, Hong Kong, November 14th, 2023] STASIS, the European fintech company behind the oldest EURO stablecoin EURS, announced the new integration with recognized digital asset custodian…
Hong Kong, Hong Kong, November 14th, 2023, Chainwire STASIS, the European fintech company behind the oldest EURO stablecoin EURS, announced the new integration with recognized digital asset custodian Hex Trust…
Stablecoin issuer Circle is looking into the possibility of becoming a publicly traded company in the early months of 2024. The development comes almost a year after its failed SPAC…
In a recent report by Reuters, online payment system company PayPal announced plans to bolster its market value by $4 billion, seeking to streamline operations to appease investors. However, investor…
Table of Contents In its Q3 report, payments giant PayPal revealed that it had been served with a subpoena from the US Securities and Exchange Commission. Despite facing action, PayPal…
The United States is the world’s largest cryptocurrency market, accounting for 24.4% of global transaction activity, according to a recent report by Chainalysis. The report, released on October 23, revealed…
Significant events in the cryptocurrency sector occurred in September with regard to stablecoins. According to researcher CCData, one notable pattern was the stablecoin market capitalization’s 18th consecutive month of decline,…
