Philippines Adds Tether’s USDT for Social Security Payments
Tether has launched a novel payment method for citizens of the Philippines, allowing them to utilize their stablecoin, USDT, to pay for their social security system (SSS) contributions.
Cloudbet Integrates Ethena USDe (sUSDe) Stablecoin and ENA Tokens
Willemstad, Curaçao, Netherlands, 1st July 2024, Chainwire
Uphold Plans to Delist 6 Stablecoins, Including USDT
European users of the cryptocurrency exchange Uphold have received a notice stating that starting July 1, the platform will no longer support six popular stablecoins.
Tether to Invest $1B in Deals in 2025
According to a report by Bloomberg on Tuesday, chief executive officer of stablecoin developer Tether, Paolo Ardoino, has revealed that their investment arm plans to make deals worth $1 billion in the next year.
Paxos Announces Lift Dollar Stablecoin
Paxos International, a company based in the UAE under Paxos, has introduced a new stablecoin called Lift dollar (USDL), which offers a yield to users. The stablecoin’s first market will be in Argentina.
Binance Will Limit Access to Certain Stablecoins in the EU
On June 30, 2024, the new MiCA rules for stablecoins will go into effect in the European Economic Area (EEA), and crypto exchange Binance has warned its users about the upcoming restrictions.
Native Stablecoins Swell on Sui as Agora Adds AUSD Stablecoin to Network
Austin, Texas, 29th May 2024, Chainwire
