Stablecoin Adoption Rates in Emerging Markets
Stablecoins, which have their value pegged to a stable asset such as a fiat currency or a commodity, have emerged as a popular alternative to volatile cryptocurrencies. Stablecoins are becoming increasingly popular in developed markets, with many businesses and individuals utilizing them for daily transactions. Their adoption rates in emerging markets, on the other hand
Stablecoin Shuffle: Binance Launches Exciting Trading Pairs, Suspends USDC-BUSD Swap
You are here: Home/ News/ Stablecoin Shuffle: Binance Launches Exciting Trading Pairs, Suspends USDC-BUSD SwapBinance, the world’s largest crypto exchange, has announced the launch of several new stablecoin trading pairs. In a blog post, Binance said that it would open trading today for “the BNB/TUSD, BTC/TUSD, ETH/TUSD, TUSD/USDT, USDC/USDT, and USDP/USDT spot trading pairs.”The company
USDC stablecoin breaks dollar peg following Silicon Valley Bank collapse
The abrupt collapse of Silicon Valley Bank has affected the value of the world’s fifth-largest cryptocurrency, increasing fears of a possible ripple effect among Web3 companies. On Saturday morning, USD Coin fell to a record low of $0.87 after Circle, the company that manages the stablecoin, disclosed that $3.3 billion of the approximately $10 billion
Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts
Binance’s Stablecoin BUSD Takes a Hit As Investors Liquidated $6 Billion Due to Rising Regulatory Concerns
Binance, the world’s largest cryptocurrency exchange, is facing increased regulatory trouble from the U.S. Securities and Exchange Commission (SEC). The SEC has reportedly been investigating Binance’s stablecoin, BUSD, over concerns that it may be classified as a security. BUSD, which is pegged to the U.S. dollar, is a popular choice for investors looking for a
Stablecoin Dominance Ready to Strike Down- Will the Bullish Continuation for the Crypto Prevail?
The stablecoins like USDT, USDC, etc experienced a wider adoption throughout the year 2022 as the bear market restricted the rally to...
USDD Stablecoin Faces Possible Collapse Amid Huobi Insolvency Rumors
The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin and popular crypto exchange Huobi. Mike Alfred, an investor serving as a board member of BTC miner Iris Energy and digital asset investment platform Eaglebrook Advisors, earlier today voiced out
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Australian Retirement Funds Hold Over $10B in Gambling Shares, Study Finds
According to a study commissioned by Australia’s Alliance for Gambling Reform and conducted by SustainoMetric, the country’s 20 biggest super funds collectively hold at least AUD 14.8 billion (about $10.3 billion) in listed gambling-related investments. Here’s What the Study Found The study analyzed the funds’ direct equity holdings and responsible-investment policies. It identified investments in
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TOSYALI secured 187 million Euro financing from Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) for its first phase of 1.2 GW solar investment
TOSYALI continues to accelerate its energy transition by securing long term international financing for supporting its decarbonization agenda and sustainability investments. The company has signed Export Finance Buyer Credit Agreements worth 187 million euros with BBVA, under Spanish Export Credit Agency Cesce's cover, for Osmaniye and Niğde Projects in its first phase of solar power