In a recent report by CNBC, Circle’s global head of policy, Dante Disparte, announced that the UK will be launching a stablecoin in a few months to come. Following this, the crypto market is bound to welcome a surging interest from new investors into
The post Essence Finance’s CHI Stablecoin Crashes 92% appeared first on Coinpedia Fintech News Essence Finance, a project in the Scroll ecosystem, is under scrutiny after its stablecoin, CHI, plunged over 92% in 24 hours, hitting $0.077. Allegedly, m
Tether’s CEO, Paolo Ardoino, refuted claims by the Wall Street Journal that US federal authorities are investigating the company for potential money laundering. The WSJ published an exclusive report earlier today claiming the U.S. Attorney’s Office i
Stablecoin issuer Tether has denied a report claiming that the company is being investigated by the U.S. government.
Stablecoin issuer Tether has unveiled a disappearing statue of Bitcoin’s creator, Satoshi Nakamoto, at the Plan ₿ Forum, celebrating the mystery and legacy of the crypto pioneer. Tether (USDT), the firm behind the largest stablecoin by market capital
Tether is seeking to introduce blockchain technology to Turkey’s boron industry by tokenizing the mineral for broader adoption. Stablecoin issuer Tether (USDT) is proposing a plan to digitize Turkey‘s boron market using blockchain technology, as the
Pentoshi highlights the rising potential of altcoins in the current market. He encourages attention towards altcoins with strong upward trends. Continue Reading:Pentoshi Highlights Altcoin Potential as Bitcoin Remains Stable The post Pentoshi Highlig
French Hill predicts timely approval for the Stablecoin bill. Insights on Gary Gensler's SEC position highlight political complexities. Continue Reading:French Hill Highlights Stablecoin Legislation Timeline and SEC Leadership Insights The post Frenc
After its stumble with Stable Diffusion 3 Medium, Stability AI is back on track with Stable Diffusion 3.5, offering customizable models that are uncensored, fast, and accessible for everyone.
Payments giant Stripe has acquired stablecoin platform Bridge for a total amount of $1.1 billion, more than 5x its $200 million valuation, according to an Oct. 21 annnouncement. The acquisition is part of Stripe’s plan to enter the stablecoin market.
Mercado Libre, the Latin American e-commerce and financial services giant, has reached a milestone with meli dolar, an in-house distributed dollar-pegged stablecoin. The token, launched in August, is now in millions of wallets, according to Ignacio E
The deal marks one of crypto’s largest acquisitions, allowing more businesses to deal in stablecoins.
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing th
Yellow Card, a leading African stablecoin platform, closed a $33 million Series C funding round led by Blockchain Capital. The funding signifies a milestone for Yellow Card and the African fintech industry, highlighting the potential of stablecoins o
Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on
With traders looking to shift funds from memecoins back into more stable altcoins, ETH might be well-positioned for a strong rebound.
Here's what may drive XRP to a three-year high of $1 (according to ChatGPT).
Base soared to new TVL and hit stablecoin market cap highs this week.
The current market cap of PayPal USD is $618 million, reflecting a 40% dip since its peak.
A final decision is yet to be made, and the parties could still back out of a potential deal, Bloomberg reported.