Tether Revises Plans to Freeze USDT on Five ‘Legacy’ Blockchains
The stablecoin issuer Tether has abandoned its plans to freeze USDT tokens circulating on the Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand networks.
Tether Revises Plans to Freeze USDT on Five ‘Legacy’ Blockchains
The stablecoin issuer Tether has abandoned its plans to freeze USDT tokens circulating on the Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand networks.
VanEck CEO Labels Ethereum as ‘Wall Street’s Token’
Ethereum is poised to become the primary network for banks due to the increasing adoption of stablecoins, according to Jan van Eck, CEO of investment firm VanEck.
Citi Warns of Stablecoin Threat to Banks
The payment of interest on stablecoin deposits could trigger a mass exodus of deposits from banks, Citi warned.
Ethena Adds BNB to USDe Stablecoin Collateral Assets
The Ethena Labs Risk Committee has introduced an "Eligible Asset Framework" to back the synthetic stablecoin USDe. BNB is the first token approved under this programme.
SBI Holdings to Expand Partnerships with Circle and Ripple
The Japanese financial conglomerate SBI Holdings announced new partnerships with stablecoin issuer Circle, the fintech firm behind XRP, Ripple Labs, and the Web3 company Startale.
US House folds CBDC ban into 2026 defence bill
US lawmakers inserted a ban on issuing a central bank digital currency (the Anti-CBDC Act) into the draft defence budget for 2026.
Ethena Labs Reports $500 Million in Revenue
Ethena Labs protocol has generated over $500 million in cumulative revenue. The growth in revenue and the supply of the synthetic stablecoin USDe accelerated since July.
HTX Introduces Earn Products for Stablecoins with Yields Up to 20%
The cryptocurrency exchange HTX has launched products for earning passive income on deposits in USDC, USD1, USDD, and USDT. APY ranges from 12% to 20% depending on the stablecoin.
MetaMask to Launch mUSD Stablecoin
MetaMask is set to become the first non-custodial wallet with its own stablecoin. The developers have announced the launch of a stablecoin under the ticker mUSD.
China Considers Allowing Yuan-Backed Stablecoins
The Chinese government is contemplating the approval of yuan-backed stablecoins, according to sources cited by Reuters.We use cookies to improve the quality of our service.
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