Tether’s former CIO plans sale of stake in stablecoin giant

Circle’s stock rebounded 7% on Monday following a 17% plummet the previous Tuesday, triggered by the announcement of a rival stablecoin, Open USD. The Battle for Reserve Yield The stock of Circle, the issuer of the USDC stablecoin, jumped 7% on Monday as investor panic following the announcement of the launch of rival coin Open […]

The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.

Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further beyond simple dollar tokens. TL;DR This article was written by the News Desk and edited by Samuel Rae .

Paxos says the SEC has ended its investigation into BUSD without recommending an enforcement action, giving the stablecoin sector a rare piece of regulatory relief in the United States. TL;DR This article was written by the News Desk and ed

Binance is adjusting stablecoin access for European users as the European Union’s MiCA framework moves from policy debate into day-to-day exchange operations. TL;DR This article was written by the News Desk and edited by Samuel Rae .

Circle shares have climbed despite a bearish analyst note from Jefferies, as fresh data has shown USDC processed more than twice the adjusted stablecoin trading volume of Tether’s USDT in June. According to Grayscale Head of Research Zach Pandl, stablecoins…

While XRP holders everywhere else argue about ETF flows and price charts, one country quietly turned the token into working infrastructure. Regulated prepaid money on the XRP Ledger, a Deloitte-attested stablecoin, tokenized bonds paying XRP bonuses, and a financial giant…

A7A5 was engineered to be unstoppable: a ruble token with no freeze function, backed by a sanctioned bank, majority-owned by a convicted fugitive, and launched beyond the reach of Western regulators. Its issuer claims tens of billions in volume. Blockchain…