CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by
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Tether Helps Dutch and US Authorities Seize $7.8M in Crypto
Tether, the world’s largest stablecoin issuer, reportedly played a crucial role in a joint operation led by Dutch and U.S. law enforcement agencies to dismantle
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Blackrock Joins Race to Issue New Stablecoin
Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a
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Paypal Rolls Out Crypto Features for Business Accounts
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New
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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges
Read moreSociete Generale Forge partners with Bitpanda for euro stablecoin ahead of MiCA
The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers.
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