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.
Paxos Announces it Will Issue a USD-linked Stablecoin in Singapore
Paxos has created a new entity in Singapore to introduce a USD-backed stablecoin in the country.
Tether Mints 4 Billion USDT in 1 Month
Over the past 30 days, the company responsible for issuing Tether has created an additional 4 billion USDT stablecoins. This information is supported by data from WhaleAlert.
USDC’s Issuer Circle Might Go Public in 2024
Circle, the company behind the USDC stablecoin with a market capitalization of over $24 billion, is considering going public in 2024.
Michael Barr: The Fed Needs Authority Over Stablecoin Issuers
Michael Barr, vice chairman of supervision at the US Federal Reserve, has said the Fed needs to regulate and enforce the law on stablecoin issuers.
