#stablecoin

#stablecoin

Donald Trump's cryptocurrency company is launching a stablecoin named USD1, intensifying his involvement in the crypto sector.

Huione Guarantee expands its services with 'ChatMe' and USDH, positioning itself as a self-sufficient platform amidst allegations of money laundering.

USDG stablecoin allows broad community participation by sharing 97% of economic benefits from reserves, differing from other leading stablecoins.

Stripe is enhancing its cryptocurrency capabilities by acquiring stablecoin platform Bridge for $1.1 billion.

Circle is launching a new payments network aimed at remittances, potentially rivaling major payment networks.

Bridge is developing a global stablecoin payments network to simplify cryptocurrency payments for companies.

Stablecoins help businesses engage in crypto without volatility but require links to traditional finance.

The U.S. is investigating Tether for alleged illicit use of its stablecoin, impacting its market position.

Tether reported $5.2 billion profits in H1 2024 and holds $97.6 billion US debt surpassing countries like Germany.

USDT's market dominance has grown significantly, reaching a 75% share of the stablecoin market.

Paolo Ardoino, CEO of Tether Holdings, leads a small team to generate $10 billion in annual profit, surpassing larger tech companies.

Tether hires Jesse Spiro to reinforce its commitment to regulatory relations amidst U.S. investigations and evolving stablecoin legislation.

Tether partners with Chainalysis for monitoring transactions on secondary markets to ensure compliance with sanctions and detect illicit activities.

Amsterdam is the premier startup hub in the Netherlands, leading with 1,219 startups and a diverse, collaborative ecosystem.

Juicyway leverages stablecoin technology for efficient cross-border payments, successfully operating in stealth mode for three years before public launch.

Peregrine Exploration secured $3.6M for Level, a protocol that integrates restaking with stablecoins to enhance DeFi.

MakerDAO rebrands to Sky and introduces new USDS stablecoin and SKY governance token to enhance DeFi growth on Sept. 18.

dTRINITY launches on Fraxtal, enhancing DeFi liquidity and reducing borrowing costs with innovative interest rate models.

PYUSD stablecoin by PayPal moves to Solana after Ethereum, enhancing speed and cost efficiency.

Bitcoin and the broader crypto market are seeing declines due to low demand and significant net outflows from ETFs.

Circle is the first global stablecoin issuer to comply with MiCA, securing an Electronic Money Institution (EMI) license in the EU.

Circle, the issuer of USDC stablecoin, plans to relocate its legal base from Ireland to the U.S., ahead of a planned IPO.