XSGD, Singapore’s First Dollar-Backed Stablecoin, Launches on Bitstamp to Power Global Cross-Border Payments
Singapore, Singapore, 8th October 2024, Chainwire
Coinbase Announces It Will Delist Noncompliant Stablecoins in EU
The European Union has introduced stricter regulations under the Markets in Crypto-Assets Regulation (MiCA) which includes the delisting of non-compliant stablecoins by cryptocurrency exchange Coinbase.
Robinhood and Revolut Plan to Launch a Stablecoin: Bloomberg
According to a recent report from Bloomberg, the financial technology company Revolut is contemplating the idea of introducing its own stablecoin as part of its expanding cryptocurrency product range.
Ethena Will Issue a Stablecoin Backed by BlackRock’s BUIDL Fund
Ethereum-based blockchain platform Ethena is teaming up with real-world asset tokenization company Securitize to launch a new stablecoin called UStb.
Chainalysis CEO Predicts Increased Use of Stablecoins in Asia Will Boost Institutional Adoption
Chainalysis co-founder and CEO Michael Gronager expressed his belief that stablecoins will drive institutional adoption in Asia, despite potential disapproval from regulators.
TrustToken and TrueCoin Settle Charges with SEC over TrueUSD
TrustToken and TrueCoin have settled allegations that they misrepresented the backing of their stablecoin, TrueUSD (TUSD), and sold securities linked to it without proper registration.
Circle Plans to Move its Headquarters to Wall Street in 2025
According to Circle’s CEO and founder Jeremy Allaire, the stablecoin issuer is progressing with its initial public offering (IPO) debut and intends to relocate its headquarters to Wall Street in 2025.
