Insider-trading claims hit Plasma as XPL slumps
Plasma stablecoin founder Paul Fax denied insider-trading allegations after XPL fell by more than 40%.
Insider-trading claims hit Plasma as XPL slumps
Plasma stablecoin founder Paul Fax denied insider-trading allegations after XPL fell by more than 40%.
Stablecoin supply swelled by a record $45bn in three months
In Q3, the total supply of stablecoins grew by more than $45bn—the largest increase on record.
Bitcoin hints at an October upswing
Analysts flag several indicators pointing to a potential “big move” for bitcoin in October.
Phantom Wallet to Launch Stablecoin and Payment Service
Web3 wallet Phantom has announced the stablecoin CASH, pegged to the dollar. This development will underpin a new financial platform called Phantom Cash.
Tether tops up bitcoin reserve by $1bn
Tether, the firm behind USDT, bought 8,889 BTC worth $1bn and moved the funds to its reserve wallet.
Stripe Unveils Platform for Launching Stablecoins
Payment giant Stripe has announced a solution for issuing stablecoins called Open Issuance, along with AI-based commercial tools.
Societe Generale’s Subsidiary Introduces Stablecoins on Uniswap and Morpho
SG-FORGE, a subsidiary of Societe Generale, has introduced its stablecoins EURCV and USDCV on the Morpho and Uniswap platforms.
Visa to Integrate Stablecoins into Visa Direct Platform
Visa will launch a pilot project for prepayments in stablecoins through its Visa Direct service. The initiative aims to expedite international transactions for businesses
Stablecoin Market Capitalisation Surpasses $300 Billion
The total market value of stablecoins has exceeded $300 billion. USDT leads with over $174 billion, followed by USDC with $73.5 billion.
Moody’s Highlights Risks of Stablecoin Boom
The rapid expansion of cryptocurrency use, including stablecoins, in developing countries poses risks to monetary sovereignty and financial stability, according to a report by the rating agency Moody’s.We use cookies to improve the quality of our service.
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