stablecoin
Binance Delists 9 Stablecoins in Europe amid MiCA Compliance and Sale Rumors
- Stablecoins compliant with MiCA, including USDC and EURI, will remain available on the platform.
- Earlier, the firm denied rumors of being for sale, attributing them to a competitor's PR strategy.
Monday, 03/03/2025 | 10:44 GMT by
Tareq Sikder
Stablecoin Issuer Tether’s Bitcoin Mining Partnership Ends in Legal Battles
- With lawsuits proceeding in both the UK and US, the legal battle between Tether and Swan remains unresolved.
- Tether held an 80% stake in the venture, while Swan owned 20%, but the partnership reportedly collapsed due to financial struggles.
Wednesday, 26/02/2025 | 21:45 GMT by
Jared Kirui
ESMA Sets Deadline for Crypto Firms to Align with MiCA Stablecoin Rules
- The push has created pressure on crypto service providers, urging swift alignment with the new MiCA regulations.
- ESMA mentioned that stablecoins issued by authorized entities can be legally offered in the EU.
Monday, 20/01/2025 | 21:12 GMT by
Jared Kirui
Why Is Ripple’s XRP Up? Price Prediction as RLUSD Stablecoin Debuts on Global Exchanges
- The stablecoin is reportedly available on platforms like Uphold, Bitso, MoonPay, Archax, and CoinMENA.
- The launch caused a significant surge in XRP’s trading volume, increasing by 80%.
Tuesday, 17/12/2024 | 17:35 GMT by
Jared Kirui
Ex-Binance Executives Launch EURØP Stablecoin, Secure €7 Million Round
- EURØP is 1:1 euro-pegged, fully backed by cash, and will launch on Ethereum and Polygon.
- Schuman Financial complies with MiCA through a French e-money license, enabling SEPA access.
Tuesday, 26/11/2024 | 12:53 GMT by
Tareq Sikder
Coinbase Acquires Utopia Labs Team to Expand Stablecoin Payments in Wallet
- Four Utopia Labs members, including Kaito Cunningham and Alexander Wu, are joining Coinbase to develop stablecoin payment solutions.
- Utopia raised $23 million from investors, including Coinbase, and will cease operations after the sale.
Wednesday, 13/11/2024 | 17:47 GMT by
Tareq Sikder
Robinhood, Kraken Form Alliance to Challenge USDT and USDC Duopoly in $170 Billion Market
- The retail trading platform joins major crypto firms to launch the Global Dollar Network and USDG token.
- The initiative aims to democratize stablecoin benefits while challenging current market leaders, including Tether.
Tuesday, 05/11/2024 | 11:14 GMT by
Damian Chmiel
What Trump's New Crypto Project Plans with a Dollar-Backed Stablecoin
- World Liberty Financial, backed by the Trump family, is reportedly developing its own "stable" cryptocurrency.
- The move comes after the WLFI entry into the crypto space last month has fallen short of expectations.
Tuesday, 05/11/2024 | 10:25 GMT by
Damian Chmiel
Stripe Aims to Strengthen Its Position in Stablecoins: Plans to Acquire Bridge for $1B
- Bridge allows companies to accept payments in stablecoins like Tether’s USDT and Circle’s USDC.
- Stripe recently confirmed it will allow merchants to accept stablecoin payments.
Friday, 18/10/2024 | 05:11 GMT by
Arnab Shome
Paxos Launches Stablecoin Payments Platform and Instant USD Conversion
- The platform enables instant conversion between PYUSD, USDP, USDC, and fiat like USD.
- It supports refunds by converting and sending them to the original wallet on Solana, Ethereum, and Polygon.
Tuesday, 15/10/2024 | 13:44 GMT by
Tareq Sikder
UAE Approves Dirham-Pegged Stablecoin
- AE Coin issuer plans to integrate the currency with e-commerce platforms, mobile wallets, and financial institutions.
- The token enables users to participate in DeFi activities like lending and borrowing without intermediaries.
Monday, 14/10/2024 | 20:42 GMT by
Jared Kirui
Revolut Expands Crypto Offerings with Planned Stablecoin Launch
- The tech giant now joins competitors like PayPal, Ripple, and BitGo in the stablecoin market.
- This initiative comes as regulatory frameworks, such as Europe's MiCA, shape the future of crypto tokens.
Wednesday, 18/09/2024 | 12:46 GMT by
Jared Kirui
Circle Becomes First Stablecoin Issuer to Comply with MiCA Regulations
- Circle can now issue USDC and EURC stablecoins in the EU, approved by France’s banking regulator.
- The MiCA regulations, including stablecoin rules, started in May 2023, with full compliance required by July 2026.
Monday, 01/07/2024 | 15:40 GMT by
Tareq Sikder
European Banking Authority to Finalize Stablecoin Monitoring Rules This Month
- The new regulations prohibit stablecoins from facilitating more than 1 million transactions or exceeding daily transaction values of 200 million euros.
- Transactions involving parties outside the EU may be excluded from the cap calculations, but those with at least one party within the EU are likely to be counted.
Thursday, 27/06/2024 | 14:23 GMT by
Jared Kirui
Tether Throws Hat in Ring with $100 Million Bitdeer Investment
- The investment includes an option for an additional $50 million in shares within a year.
- The ownership percentage remains undisclosed, with Bitdeer's share value increasing by 6.5% post-announcement.
Friday, 31/05/2024 | 15:34 GMT by
Tareq Sikder
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