USDT’s Market Cap Close to $93B
In early January, the market supply of USDT reached $92.631 billion.
Hong Kong Will Implement License Regime for Stablecoin Issuers
Hong Kong has put forth a legislative proposal suggesting that stablecoin issuers obtain a license in the city to regulate the industry.
Circle Receives License in France
Circle has successfully obtained conditional registration as a Digital Asset Service Provider (DASP) from the French Financial Markets Authority.
Circle Rolls Out its EURC Stablecoin on Solana’s Blockchain
Circle has recently announced that it now supports the Solana blockchain for its euro-pegged stablecoin, EURC.
Crypto Exchange Binance Will Drop Support for BUSD in 2 Weeks
Binance has recently announced that it will end its support for BUSD on December 15, due to a request from the stablecoin’s issuer Paxos.
New Zealand Launches a Dollar-pegged Stablecoin
A new stablecoin backed by the New Zealand dollar has been launched.
BIS is Cautious About Stablecoins Adoption
The Bank for International Settlements (BIS) is cautious about the widespread adoption of stablecoins.
