USDT, the biggest stablecoin in terms of market capitalization, has flipped top payment processors Visa and Mastercard in terms of settlement volume, according to a recent tweet by Tether. … [Read more...] about Tether has reportedly surpassed Visa and Mastercard in terms of transaction volume in 2022
Circle and Binance expand their stablecoins to new blockchains
Circle, the company behind stablecoin USDC, announced that it will soon be making USDC available on five additional blockchains. … [Read more...] about Circle and Binance expand their stablecoins to new blockchains
BIS Innovation Hub to create a platform to assess aftermath of stablecoin and DeFi projects collapse
BIS will explore cryptocurrency markets … [Read more...] about BIS Innovation Hub to create a platform to assess aftermath of stablecoin and DeFi projects collapse
US banks given permission to use blockchain infrastructure and issue stablecoins
Federally chartered banks are allowed to participate in independent node verification networks and use stablecoins for payment activities … [Read more...] about US banks given permission to use blockchain infrastructure and issue stablecoins
Raiffeisen Bank and Bitpanda bring blockchain interoperability to banking industry
Austria-headquartered Raiffeisen Bank International (RBI) is turning to technology that will allow its tokenized fiat currency to operate across multiple blockchains. … [Read more...] about Raiffeisen Bank and Bitpanda bring blockchain interoperability to banking industry
Over $50 billion moved from China via cryptocurrency in a year
Digital assets help Chinese citizens bypass capital control laws. Stablecoins, like Tether, are used most commonly. … [Read more...] about Over $50 billion moved from China via cryptocurrency in a year
Binance announces new stablecoin initiative Venus
Binance revealed its plans to launch an open blockchain project, Venus, an initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. … [Read more...] about Binance announces new stablecoin initiative Venus
Binance could launch its own stablecoin and margin trading
Binance could be potentially exploring an opportunity of launching its own stablecoin. It was hinted by the company’s CEO, Changpeng Zhao (CZ). … [Read more...] about Binance could launch its own stablecoin and margin trading