Stablecoin News

Circle To Launch USDC In Japan On March 26 Following SBI VC Trade’s Regulatory Approval

Circle will officially introduce its US dollar stablecoin in Japan on March 26, 2025. A local partner, SBI VC Trade, recently received regulatory approval...

Tether (USDT) Expands Investment In Bitcoin Mining Firm Bitdeer Amid Ongoing Regulatory Pressure

Tether has grown its stake in Bitdeer. The issuer of the USDT stablecoin now holds 21% of the Singapore-based Bitcoin mining company.  Tether financed the...

Singapore’s StraitsX USD Defies Stablecoin Norms with a 77% Price Jump To $1.77 After Binance Listing Announcement

In a rare deviation from the typical stability of stablecoins, StraitsX USD (XUSD) experienced an unprecedented 77% price surge, reaching a high of $1.77...

Tether Freezes 11 Million USDT Amid Concerns of Crypto Phishing Scams

Tether, the issuer of the widely used USDT stablecoin, has taken strong action against illicit activities by freezing over 11 million USDT linked to...

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...
spot_img

Popular

Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...