stablecoin

June 30, 2024, marks a significant turning point in cryptocurrency regulation within the European Union as the new “Stablecoins Regime” under the Markets in Crypto-Assets Regulation (MiCA) comes into effect. This pivotal move introduces a…

In a surprising move, the National Australia Bank (NAB), one of Australia’s largest financial institutions, has ceased its efforts to create its own stablecoin, AUDN. This decision comes just a year after the bank announced its plans to…

Despite 2022’s downsizing announcement, stablecoin loans of Tether (USDT) increased in 2023 due to requests from long-standing partners. Despite making a declaration in December 2022 about reducing its stablecoin loans, Tether, the crypto…

Paypal’s new USD stablecoin can freeze and wipe user balances, sparking debate on centralization and user control in cryptocurrencies. Paypal has introduced a new USD stablecoin that has generated both interest and concern in the…