As elections loom, time is running out for the congressional session. Read More Source link
Circle has grown from a small startup to a major player poised to disrupt the existing financial system. Read More Source link
Stablecoin providers Circle and Tether are among the most important supporters when it comes to the Ethereum merge and the network’s shift to proof-of-stake. Here’s why....
A series of raids on crypto-exchanges and offices on Wednesday also included Daniel Shin’s home and his payment app Chai Corp., the Seoul Southern District Prosecutors...
Circle, the company behind USDC, claims its Euro Coin is backed by euros held in euro-denominated banking accounts. Read More Source link
In a Medium blog post, pseudonymous developer Shytoshi Kusama said that “independent developers” are crafting a decentralized stablecoin called SHI, which “seems to avoid the issues...
Crypto investors have soured on Tether since the collapse of the TerraUSD stablecoin in early May Read More Source link
Stablecoin issuer Tether held $20.1 billion of commercial paper in May and it wants to cut that to zero and shift into Treasuries. So far it’s...
Tether has been harder hit by the crypto rout than rivals and its dollar token briefly lost its peg last month. Total USDT circulation has dropped...
Some traders worry Tether could suffer a similar fate as Terra’s stablecoin. Read More Source link
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