PayPal’s $158M PYUSD Stablecoin Market Cap Shaken By SEC Subpoena
In a recent report by Reuters, online payment system company PayPal announced plans to bolster its market value by $4 ...
Tag: stablecoin
Stablecoin Boom: USDT Surpasses Trading Volume Of All Combined Cryptos In Brazil
Brazil’s Special Department of Federal Revenue, Receita Federal, has reported a bloom in stablecoin usage, particularly Tether-issued USDT. According to ...
Banking Giant JPMorgan Records $1B Transactions Daily In Digital Token JPM Coin
JPMorgan, the American banking powerhouse, continues to move forward with its digital finance strategy, processing $1 billion in transactions daily ...
USDT Freeze: Tether Blocks $873K Connected To Terror Activities In Ukraine And Israel
On Monday, USDT issuer Tether announced the freezing of 32 crypto wallet addresses. These addresses together hold $873,118 and are ...
Canadian Stablecoins Receive Regulatory Clarification: What Lies Ahead?
As a part of the global trend of stablecoins carving out its niche, the Canadian Securities Administrators (CSA), the watchdog organization ...
Binance And Japan’s Largest Financial Group Target New Stablecoin Launch In Asia
According to a recent report by CoinPost, MUTB, a subsidiary of Mitsubishi UFJ Financial Group, one of Japan’s largest financial ...
Tether CTO Explains The Reason A Massive $1 Billion In USDT Was Minted At Treasury
In a recent development, Tether’s Chief Technology Officer (CTO) Paolo Ardoino has clarified the recent transaction that occurred in Tether’s ...
Republic Of Palau Freezes Ripple Based Stablecoin On Friday, Here’s Why
Jay Hunter Anson, the director of the Digital Residency Office at Palau's Ministry of Finance, announced the temporary suspension of ...
