Stablecoins

Stablecoins safeguard against market swings, backed by fiat or crypto, and maintain liquidity even amidst economic downturns, dominating 8.42% of the crypto market.

A new U.S. stablecoin bill heavily favors banks, potentially leading to a ban on the world's largest dollar stablecoin, USDT.

Venezuelan Oil Minister Pedro Tellechea has affirmed the nation's embrace of diverse currencies, including digital ones, as outlined in contractual agreements.

According to an unaudited report, Animoca Brands reportedly holds $291 million in cash and stablecoins.

Telegram's integration of Tether onto its TON blockchain opens up global payment possibilities for its 900 million users, potentially transforming it into a WeChat-like platform for the West, while raising questions about TRON's future with Tether.

Following convictions for wire fraud, commodities fraud, and commodities manipulation, he could potentially face a maximum sentence of 20 years in prison.

U.S. Senators have proposed a new stablecoin bill aiming to establish regulatory safeguards for issuers and users of USDT and similar currencies.

US and UK authorities are jointly investigating $20+ billion worth of crypto transfers routed through Russian exchange Garantex, raising questions about the scale and nature of these financial activities.

Ethena Labs' USDe stablecoin faces scrutiny amid comparisons to Terra's troubled history, prompting reflection on risk management strategies.

Despite efforts to regulate stablecoins, the path forward remains uncertain, with significant hurdles hindering progress.