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Stablecoin News
Japanese Company G.U.Technologies Launches Proof of Concept for Stablecoin Issuance on Japan Open Chain
On March 2nd, Japanese company "G.U.Technologies," which develops Web3 infrastructure, announced the launch of a…
Binance Releases Over $130 Million Worth of TrueUSD Stablecoins in 7 Days, Boosting Market Capitalization
Binance has recently released an additional $130 million worth of TrueUSD (TUSD) stablecoins in the past seven…
Coinbase to Temporarily Suspend Trading of BUSD Starting March 13th
Coinbase has announced that it will suspend trading for Binance USD (BUSD) from March 13, 2023. The announcement…
Tether (USDT) Remains Dominant with More Than 50% Market Share as BUSD Falls Outside the Top 10
Stablecoins have become increasingly important in the world of cryptocurrencies, providing a much-needed stable…
Circle Allocates $65 Million in USDC Reserves to Minority-Owned Depository Institutions
Circle, a US-based company that issues the US dollar-linked stablecoin USDC, has announced a partnership with…
TrueUSD (TUSD) First Stablecoin to Use Chainlink’s Proof of Reserves Technology
TrueUSD (TUSD) has announced its integration of Chainlink's Proof of Reserves technology to bolster transparency…
Frax Finance Community Votes to Remove Algorithmic Support for Stablecoin
Frax Finance, the decentralized stablecoin protocol, has undergone a major change with the approval of the…
Despite Industry Layoffs, USDC Issuer Circle Plans to Expand Staff
While the cryptocurrency industry has seen a wave of layoffs and bankruptcies, USDC issuer Circle Internet…
Stablecoin Market Rocked by SEC Charge: BUSD, USDC, USDT, and USDP in Flux
The world of cryptocurrency has been shaken up in recent weeks following the SEC's charge against the stablecoin…
Coinbase to Add Support for Euro Coin (EUROC) on Ethereum Network
Coinbase, one of the leading cryptocurrency exchanges, has announced that it will add support for Euro Coin…