Stablecoin News

Uniswap Stablecoin Exchange Hit by Flash “Sandwich Attack” as Traders Lose Over $215,000 In Seconds

Uniswap’s stablecoin exchange has become the latest victim of a high-speed "sandwich attack," resulting in significant losses for traders.  A particularly devastating case saw a...

Anzen’s USDZ Stablecoin Experiences Market Turmoil, Trading Below Peg at $0.9534

The price of Anzen's USDZ stablecoin is currently below its targeted peg of $1.00 due to recent market turbulence. Concerns have been raised by...

Thailand’s SEC Recognizes Tether’s USDâ‚® as Approved Crypto Amid Global Struggles with Regulations

Thailand's SEC has given a green signal to Tether to operate in the nation as a valid cryptocurrency. According to the official announcement, Tether...

Tether Freezes $27 Million USDT Owned By Garantex Exchange Amid Russian Sanction

Tether, the issuer of the USDT stablecoin, has frozen approximately $27 million worth of USDT belonging to the Russian cryptocurrency exchange Garantex.  The move comes...

Tether Backs Mansa With $10M To Drive Stablecoin-Powered Cross-Border Payments

Tether, the world’s largest stablecoin provider, has led a $3 million equity investment in Mansa, a Dubai-based fintech focused on solving liquidity challenges for...

Tether Proposes Majority Stake Of 51% Acquisition In Adecoagro Amid Regulatory Challenges

Adecoagro, a major sustainable production company operating in South America, has disclosed that its Board of Directors received an unsolicited, non-binding acquisition proposal from...

Federal Reserve Governor Waller Backs Stablecoins, Promotes Its Banks & Non-Banks Usage

Federal Reserve Governor Christopher Waller has expressed strong support for stablecoins, stating that they have the potential to "maintain and extend" the international dominance...

Stripe Completes Acquisition Of Bridge For $1.1 Billion, Marking A Major Crypto Comeback

Fintech giant Stripe has officially acquired Bridge, a startup specializing in stablecoin infrastructure, for $1.1 billion. This marks Stripe’s largest acquisition to date and...

Stablecoin Issuer Tether Announces AI SDK Platform To Push AI Applications

Tether, the company behind the USDT stablecoin, has announced the development of an open-source Artificial Intelligence (AI) Software Development Kit (SDK).  This new platform, built...

Cardano Founder Charles Hoskinson Criticizes Circle’s Monopoly On Stablecoin Market

Cardano founder Charles Hoskinson has once again voiced his concerns over the operations of Circle, the issuer of the USDC stablecoin, which he believes...

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Nigeria Confirms Openness To Cryptocurrency Companies Amid $80B Binance Lawsuit

Nigeria is still receptive to Bitcoin businesses even if...

PI Network Token Drops Below $1 Amid Scam Allegations

The Pi Network token (PI) has suffered a sharp...

Crypto Analyst Predicts $JUP Is Set To Plummet To $0.41 If Price Exits Flag Pattern

Crypto analyst Ali Martinez has issued a bearish forecast...