‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy By Cointelegraph
[ad_1] Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to offer investors options other than...
Stablecoin Tether’s reserves hit record $86.5 billion in Q2 By Reuters
[ad_1] © Reuters. A representation of cryptocurrency Tether is placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic/Illustration By Elizabeth...
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations By Cointelegraph
[ad_1] United States House Financial Services Committee Chair Patrick McHenry has pointed a finger at the Biden administration for the lack of bipartisan agreement on...
USD-backed stablecoin pilot project launched by Pacific island nation of Palau By Cointelegraph
[ad_1] © Reuters The government of Palau is set to begin a pilot project for a United States dollar-backed stablecoin on July 26. The new...
Korean banks research stablecoin, CBDC alternative By Cointelegraph
[ad_1] Several private banks in South Korea are studying the potential of tokenized deposit technology, an alternative to both private stablecoins and central bank digital...
Stablecoin dominance slides as market cap falls to near 2-year lows: CCData By Cointelegraph
[ad_1] The market capitalization of stablecoins has hit the lowest level since August 2021 coming on the back of 16 consecutive months of decline, a...
Hedera (HBAR) tapped by Shinhan Bank for stablecoin remittance solution By Crypto.news
[ad_1] Hedera (HBAR) tapped by Shinhan Bank for stablecoin remittance solution Crypto.news – Hedera Network (HBAR) has been adopted by Shinhan Bank and Siam Commercial...
South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners By Cointelegraph
[ad_1] South Korea’s Shinhan Bank has completed its second proof-of-concept using stablecoins for international remittances. Siam Commercial Bank’s SCB TechX unit and an unnamed Taiwanese...
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity — Circle exec By Cointelegraph
[ad_1] The future is bright for euro-denominated stablecoins, according to Patrick Hansen, European Union strategy and policy director at Circle. The United States dollar may...
Aave Protocol launches stablecoin GHO on Ethereum mainnet, $2M minted By Cointelegraph
[ad_1] © Reuters Decentralized finance (DeFi) protocol Aave has launched its algorithmic United States-dollar pegged stablecoin GHO on the mainnet, with $2.19 million worth of...