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Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’
Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate. дальше »
2024-6-13 04:00 | |
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Kraken considers ending USDT support in the EU
Kraken is reportedly considering pulling support for the stablecoin USDT in Europe. The exchange’s plans come amid the push for compliance ahead of EU’s crypto regulations MiCA. Crypto exchange OKX ended its USDT trading support in the EU in March. дальше »
2024-5-18 21:49 | |
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Stablecoin issuer Circle plans legal base shift to US ahead of IPO
USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up… дальше »
2024-5-15 11:02 | |
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Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%. дальше »
2024-5-14 13:48 | |
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Ripple CEO Brad Garlinghouse Affirms XRP Is Not a Security Ahead of Stablecoin Launch
At the XRP Las Vegas conference, Ripple's CEO reaffirmed XRP's status, not as a security, and discussed the imminent launch of a new stablecoin designed to attract institutional interest. The post Ripple CEO Brad Garlinghouse Affirms XRP Is Not a Security Ahead of Stablecoin Launch appeared first on BeInCrypto. дальше »
2024-5-5 20:22 | |
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Circle’s USDC pulls ahead of Tether’s USDT in transaction volume — Visa
Circle's USDC stablecoin has overtaken Tether's USDT in transaction volume in 2024 based on Visa crypto payments data. The post Circle’s USDC pulls ahead of Tether’s USDT in transaction volume — Visa appeared first on Crypto Briefing. дальше »
2024-4-29 13:10 | |
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Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’
The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead. дальше »
2022-10-14 00:00 | |
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3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows. дальше »
2022-8-22 01:01 | |
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Reserve Rights (RSR) builds momentum ahead of its long-awaited mainnet launch
Steady growth in its active users, the stability of the RSV stablecoin and investors’ anticipation over the upcoming mainnet launch could boost RSR price in the short-term. дальше »
2022-6-7 01:00 | |
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UK Treasury Plans To Go Ahead With Legalizing Stablecoins Despite TerraUSD Debacle
In April, the UK had revealed plans to become a crypto hub and legalize stablecoin payments. Following last week’s events, many had thought that Her Majesty’s Treasury would put these plans on hold, but it appears the regulators are moving ahead with their plans. дальше »
2022-5-22 00:06 | |
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Terra Turns To AVAX Reserves To Stay Ahead Of Competitors
Terra has been making waves in the stablecoin and staking space for its features and returns. However, with the success of the network, there have been other blockchains that have sprung up with similar offerings to try to get a piece of the pie from Terra. дальше »
2022-4-9 02:00 | |
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XDC Network integrated into crypto custody platform Fireblocks
Fireblocks, an infrastructure provider for blockchain assets, announced today it has integrated XDC Network, a hybrid blockchain protocol specializing in tokenizing trade instruments. This news comes ahead of the launch of XDC Network’s Trada token, a stablecoin backed by tangible, trade finance assets. дальше »
2022-3-17 19:36 | |
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Is XRP akin to a stablecoin or will it prove its worth over time
XRP's price has been revolving in-and-around the $1 mark for quite some time now. The alt recorded its yearly high of $1.96 way back in April and has never been able to inch ahead of the aforementioneThe post Is XRP akin to a stablecoin or will it prove its worth over time appeared first on AMBCrypto. дальше »
2021-10-4 20:30 | |
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Daily Ethereum (ETH) Transactions Outstrip Bitcoin’s (BTC) by Over $3B
Ethereum’s title as the most active blockchain network is becoming increasingly reinforced as network activity on the chain is now fully ahead of Bitcoin. Stablecoin and decentralized finance (DeFi) transactions continue to catapult Ethereum’s economic activity count but often at the expense of high gas costs leading to renewed clamor for Layer-2 (L2) solutions thatRead More дальше »
2021-1-20 21:00 | |
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Did Tether dominate the stablecoin market again? Here's the stablecoin report for 2020
Despite a tumultuous 2020, stablecoins not only managed to stay ahead, but showed considerable growth and industry penetration. From a COVID-induced black swan event to an explosion in DeFi to BitcoinThe post Did Tether dominate the stablecoin market again? Here's the stablecoin report for 2020 appeared first on AMBCrypto. дальше »
2021-1-1 23:00 | |
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Market Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’
Bitcoin price has proved resilient in the face of bad news but traders expect crypto volatility ahead. дальше »
2020-10-3 23:36 | |
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New York Banks Get Approval to List and Custody Binance USD Stablecoin
New York banks can now list and custody Binance Stablecoin, Binance USD, (BUSD) after the recent approval by the New York Financial Department of Financial Services, NYDFS. The NYDFS updated its greenlight list to include Binance USD meaning that banks can go ahead and use the asset without requiring any further approval from the regulatory […] дальше »
2020-8-9 13:48 | |
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Data Shows Bitcoin, Stablecoin Whales are Making Big Moves into Exchanges
Exchange data from this week shows Bitcoin and stablecoin whales alike are moving huge amounts of their holdings into exchanges – suggesting bigger moves for the crypto market ahead. Bitcoin, Stablecoin Inflows Surge The crypto-bullrun is back, and some say it’s stronger than ever before. дальше »
2020-8-2 18:07 | |
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The European Central Bank is evaluating the development of a stablecoin
The president of the European Central Bank (ECB), Christine Lagarde, pledged to meet the growing demand for stablecoins by getting “ahead of the curve” in the rapidly evolving economic environment. дальше »
2019-12-14 16:10 | |
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Paxos Standard’ PAX Stablecoin Cryptocurrency is Now Redeemable Instantly
Paxos has been going ahead to revamp its current platform to be able to solve some of the issues and the biggest headache that is within the stable coin community. The Paxos Standard, PAX, is issued by Paxos, and they have gone ahead to announce that they have made it possible for PAX to be […] дальше »
2019-5-14 19:48 | |
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Binance Stablecoin? CZ in Possible Tip of the Hand Is a Little Coy
By CCN: Just when you thought the crypto market had no room for another stablecoin, the head of the largest crypto exchange hinted that he might be making room. Binance CEO Changpeng “CZ” Zhao didn’t flat out promise a Binance stablecoin, but he was close. дальше »
2019-5-1 20:10 | |
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Crypto.com Adds Paxos Stablecoin (PAX Token) to its Wallet & Card App Ahead of Earn & Credit Launch
The Crypto.com has several new publications that it has made for its investors that we should all be aware of. The platform has been considered to be a pioneer payments platform for the crypto coins that are in the market; thus the announcements that it has made are essential for investors to take note of. […] дальше »
2019-4-19 19:50 | |
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IBMR to Launch ARCC Macroeconomic Stablecoin on Cobinhood Exchange
IBMR. io has just gone ahead to announce that the crypto service platform referred to as the COBINHOOD will help and advice in the new launch of the IBMR. io macro-economic stable coin, one that they have called the ARCC, Asia Reserve Currency Coin. дальше »
2019-4-18 14:41 | |
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TomoChain To Add Support For Terra Stablecoin Cryptocurrency And Cross Chain Stability
The TomoChain has been known for the scalable smart contract used for public blockchain for the decentralized apps, together with the token issuance and some token integration for different businesses in the market. дальше »
2018-11-21 13:55 | |
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Coinbase Lists Ethereum-Based USDC, Circle Pulls Ahead In Stablecoin Race
Coinbase Lists Circle-Backed Stablecoin After weeks of uncertainty regarding the financial security and future of the Tether (USDT) stablecoin project, an amassment of prominent crypto-centric startups released their own stablecoins, which are a form of cryptocurrency that is directly tied to the value of a non-blockchain-based asset. дальше »
2018-10-24 02:52 | |
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PAX, GUSD, USDC Gain Widespread Relevance as Demand for Regulated Stablecoins Increase
The stablecoin trio of Paxos Standard, Gemini Dollar, and USD//Coin have surged ahead in trading volume and adoption shortly after launch, indicating that investors and businesses alike look for reputed options to store the digital equivalent of their fiat balances. дальше »
2018-10-18 10:00 | |
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The Daily: BTC Volatility Low, New Liquidity Ranking Site & PwC Backs Stablecoin
To kick-start the new week, we bring you news of bitcoin hitting a record low — for volatility, not price. There’s also been an altcoin breakout ahead of an impending Coinbase listing, a new metric for ranking cryptocurrencies and an obligatory new stablecoin story. дальше »
2018-10-8 10:50 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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