Cryptocoins News / The Cointelegraph β - 3 years ago
The recent action from Binance comes in the wake of the NYDFS ordering BUSD issuer Paxos to stop minting new coins. Binance has turned to a new set of stablecoins in t...
Bitcoin News / Bitcoin.com - 3 years ago
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supp...
Cryptocoins News / The Cointelegraph β - 3 years ago
The worldβs second most widely held reserve currency seems to be underrepresented in the stablecoin space. Stablecoins are a type of cryptocurrency offering investors...
Cryptocoins News / Finance Magnates - 3 years ago
<p>Stablecoins
have emerged as a new type of cryptocurrency in recent years, aiming to provide
stability in the volatile world of cryptocurrency. While cryptocurrencies, such
as Bitcoin and Ethereum are notorious for their price volatility, sta...
by COINS NEWS - 3 years ago
Cuy Sheffield, Head of Crypto at Visa, shared some interesting insights on stablecoin adoption in retail payment use cases. He used on-chain data and created a base-level proxy for payments by assigning a <$200 value heuristic to the on-chai...
Cryptocoins News / The Cointelegraph β - 3 years ago
Stablecoins are facing the wrath of regulators amid doubts over reserves and contagion fears. Could a bank run lead to a major depegging? Stablecoins are entering a pe...
Cryptocoins News / The Cointelegraph β - 3 years ago
United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency....
Cryptocoins News / EthereumWorldNews - 3 years ago
A report by Forbes found that Binance transferred nearly $1.8 billion worth of stablecoins collateral to hedge funds last year.& The beneficiaries included Justin Sun, Cumberland, and Sam Bankman-Friedβs Alameda Research.& Forbes has claimed...
by COINS NEWS - 3 years ago
Seems like everyone is leaving BUSD boat. Coinbase adding another nail in the coffin in its latest tweet Here is a full transcript of the tweet from coinbase: We regularly monitor the assets on our exchange to ensure they meet our listing standards....
Cryptocoins News / The Cointelegraph β - 3 years ago
The SECβs enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance. Binanc...
Cryptocoins News / Blockchain - 3 years ago
As payment systems, stablecoins are not securities, according to Circle's CEO. (Read More)
Bitcoin News / Bitcoin.com - 3 years ago
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization,...