Terraform Labs’ Do Kwon to miss start of SEC trial, report says

The crypto entrepreneur Do Kwon, best known for his failed algorithmic stablecoin, will likely skip the beginning of a civil trial on U.S. Securities and Exchange Commission (SEC) fraud charges. Terraform Labs founder Do Kwon will likely skip the start… дальше »

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Circle taps Coinheck to expand its services in Japan

Stablecoin issuer Circle announced ‘plans for a partnership’ with Japanese crypto exchange Coincheck to expand USDC access in the Asian market. According to a press release on Feb. 27, Circle plans to incorporate USD Coin (USDC) in Coincheck for its… дальше »

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Why Circle USDC is quitting Tron, and what it means for $TRX and $GFOX prices

Over the past few years, Tron ($TRX) has been the most used blockchain network for stablecoin settlement. However, in a shocking move, Circle has announced its decision to end support for its USDC stablecoin on the Tron blockchain. дальше »

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Circle partners with Overdare to bring programmable USDC wallets to metaverse

Stablecoin issuer Circle has teamed up with Krafton-backed Overdare to expand the use cases of programmable USDC wallets. In a blog announcement on Feb. 26, Circle unveiled a strategic partnership with Overdare, a metaverse venture set up by game publisher… дальше »

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Bitcoin could rally once more - Watch out for this on USDT's chart

The stablecoin supply ratio hinted at a bearish sentiment. The Tether Dominance chart could be useful for determining BTC's local top Bitcoin [BTC] formed a range after crossing the $50k thrThe post Bitcoin could rally once more - Watch out for this on USDT's chart appeared first on AMBCrypto. дальше »

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Can rising liquidity help AVAX's prices?

AVAX's stablecoin liquidity reached a yearly high, boosting confidence amidst ecosystem. Interest in DeFi grew, however NFT volumes fell. Over the past few days, the Avalanche [AVAX] networkThe post Can rising liquidity help AVAX's prices? appeared first on AMBCrypto. дальше »

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How Tron's revenue hit an all-time high despite USDC exit

Tron’s daily network revenue reached an all-time of $2 million on the 20th of February. This was the same day Circle stopped minting its USDC stablecoin on the network.  Tron’s [TRX] daThe post How Tron's revenue hit an all-time high despite USDC exit appeared first on AMBCrypto. дальше »

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South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases

The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets. дальше »

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Crypto Sleuth Exposes ‘Real’ Reason For USDC’s Breakup With Tron

Circle, the entity behind the prominent crypto stablecoin USDC, announced its decision to discontinue its association with the TRON blockchain yesterday. This cessation of USDC operations on TRON, effective immediately, will stop the minting of new USDC tokens on TRON, though transfers and redemptions will be facilitated until February 2025. The surprising announcement led to […] дальше »

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Terraform Labs’ Do Kwon to be extradited to US after court ruling

High Court in Montenegro has ruled to allow Terraform Labs’ Do Kwon to be extradited to the US. Kwon faces US fraud charges tied to losses from UST stablecoin collapse. SEC alleges Kwon raised billions through unregistered crypto transactions. дальше »

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Collapsed Real Estate-Backed Stablecoin Charts Path to Recovery

Tangible is looking to move past its failed stablecoin after learning the liquidity lesson the hard way. дальше »

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Ethereum and TRON Report Impressive Rallies as NuggetRush Presale Exceeds Expectations

TLDR Ethereum’s (ETH) recent on-chain activity could indicate a rally. Tron (TRX) aims to scale its stablecoin activity to the Bitcoin ecosystem in 2024.   NuggetRush (NUGX) dominates the presale race after raising over $2. дальше »

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Hong Kong Doubles Down on Stablecoin, OTC Rules Promise

Public consultations on stablecoins and over-the-counter trading are already in progress. дальше »

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Stablecoin USDC bids adieu to Tron network - Why?

Tron's USDC market cap shrunk by 72% in the past year. TRX remained unaffected, gaining 2.56% in the last 24 hours. In a significant development, stablecoin issuer Circle announced the discoThe post Stablecoin USDC bids adieu to Tron network - Why? appeared first on AMBCrypto. дальше »

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USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady

Circle cited its “risk management” framework as part of the decision, among other factors. дальше »

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UK Is Pushing Hard To Have Stablecoin And Staking Rules Ready Within Next Six Months: Report

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Ethena’s USDe stablecoin hits public mainnet, backed by ETH hedges for liquidity

Ethena was recently trending on social media platforms after announcing the USDe stablecoin on the public mainnet, alongside an innovative Shard Campaign designed to boost user engagement within its ecosystem. дальше »

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UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg

UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report. дальше »

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Rising stablecoin supply shows an influx of capital into the crypto market

Last week, Bitcoin rode the bullish wave it got on last fall and broke above the coveted $52,000 level. Bitcoin regaining almost all of its losses since the collapse of FTX is a significant milestone for the industry that has been struggling to get out of a bear market for the better part of the […] The post Rising stablecoin supply shows an influx of capital into the crypto market appeared first on CryptoSlate. дальше »

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Y Combinator, Startup Incubator Behind Airbnb, Coinbase, and Stripe, Looks to Invest in Stablecoin Finance

Y Combinator (YC), the Silicon Valley incubator, has listed stablecoin finance as a category in its new and updated list of areas it would like to deploy funds in. дальше »

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USDT To The Moon? Tether Inches Closer To $100 Billion Market Cap

The cryptocurrency world watches with a mix of intrigue and apprehension as Tether (USDT), the most prominent stablecoin, inches closer to a seemingly mythical $100 billion market capitalization. This monumental milestone signifies Tether’s undeniable market dominance, but it also casts a spotlight on the regulatory clouds gathering around the stablecoin and the potential implications for […] дальше »

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Tether (USDT) Market Cap Eyeing Historic $100 Billion ATH

Stablecoin Tether is on cusp of hitting $100 billion market capitalization дальше »

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$300 Million Valuation Secured by New Stablecoin: Will It Dethorne Tether (USDT)?

Ethena Labs secures strategic funding, elevating its valuation to $300 million and positioning its USDe stablecoin as a formidable contender to Tether's USDT dominance. The post $300 Million Valuation Secured by New Stablecoin: Will It Dethorne Tether (USDT)? appeared first on BeInCrypto. дальше »

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Surge in stablecoin supply ratio signals increased Bitcoin buying power

Quick Take The Stablecoin Supply Ratio (SSR), a key metric that quantifies the supply forces between Bitcoin and various stablecoins, has been signaling increased “buying power” for Bitcoin in the past ten days. дальше »

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Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT

Stablecoin issuers Tether told CryptoSlate in a Feb. 16 statement that it is actively averting the misuse of stablecoin technology by working with global law enforcement agencies. The remarks followed comments by Caroline Hill, Senior Director of Global Policy and Regulatory Strategy at Circle, during a House Financial Services Committee hearing titled ‘Crypto Crime in […] The post Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT appeared first on CryptoSlate. дальше »

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U.S. Regulators Do Have Some Control Over Stablecoin Tether: JPMorgan

USDT's appeal relative to other stablecoins will likely diminish as regulations will require more transparency and compliance with new anti-money laundering standards, the report said. дальше »

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Cardano’s Ecosystem Booms: 166% Surge in TVL Marks New Phase Of Expansion

Cardano’s ecosystem has been experiencing impressive growth recently, marked by a surge in its Total Value Locked (TVL) and the rapid increase in the price of its native token, ADA. The ecosystem is buzzing with new developments as it dominates the decentralized finance (DeFi) and stablecoin markets. дальше »

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Is Ripple Ripe for Stablecoin Launch? Ex-Official Weighs In

Former Ripple exec weighs in on potential stablecoin launch дальше »

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Cardano Skyrockets 673% as Stablecoin Value Jumps in Exciting Q4 Performance

Cardano's ecosystem sees strong growth in Q4 дальше »

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Avalanche stablecoin records this milestone, but AVAX stumbles

Avalanche got an influx of cash into the network. The price of AVAX has increased by over 4%. Avalanche [AVAX] recently achieved a significant milestone in its stablecoin market cap. In lighThe post Avalanche stablecoin records this milestone, but AVAX stumbles appeared first on AMBCrypto. дальше »

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Cardano Sees Booming TVL and Stablecoin Value

Cardano's DeFi ecosystem sees remarkable growth with a 166% increase in TVL and significant stablecoin value expansion дальше »

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Jerome Powell urges for stablecoin regulatory framework

Federal Reserve Chairman Jerome Powell addressed House Democrats regarding the necessity of a legislative framework for stablecoins. дальше »

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Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico

Powell also said a CBDC would need Congress' approval before the Federal Reserve will act. дальше »

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PayPal’s PYUSD users to access yield powered by Backed’s RWAs on Morpho Blue

In a partnership with Morpho Blue and Backed, PYUSD, PayPal’s regulated USD stablecoin issued by Paxos, will offer users access to DeFi yield through Backed’s tokenized real-world assets (RWAs). дальше »

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Cardano Founder Declares Crypto Under Attack: ‘Legacy Is Eating Crypto’

In a recent video titled “Legacy is Eating Crypto,” Cardano founder Charles Hoskinson has expressed concerns about the increasing centralization of power in the cryptocurrency industry. Hoskinson specifically highlighted the dominance of a few top companies in the Bitcoin and stablecoin sectors, arguing that this poses risks to users and undermines the decentralized nature of […] дальше »

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Bitcoin breaks through the $50k barrier - What next for BTC?

The rally followed sharp jump in stablecoin market caps in recent weeks. Strong inflows into the U.S. spot Bitcoin ETFs also helped market sentiment. Bitcoin [BTC] smashed above the all-impoThe post Bitcoin breaks through the $50k barrier - What next for BTC? appeared first on AMBCrypto. дальше »

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Bullish Combo: Stablecoin Supply Soars As Bitcoin Breaks $50,000

On-chain data shows the stablecoin supply has surged alongside Bitcoin’s latest break above $50,000, a sign that could be bullish for the market. Both Bitcoin And Stablecoin Market Caps Have Surged According to data from the on-chain analytics firm Santiment, the stablecoin market cap has recently grown. дальше »

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Tether and Circle Stablecoin Purchases Dominate in Argentina

Stablecoin purchases are proving popular for Argentine citizens amid a severe economic crisis in the nation. дальше »

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Circle’s IPO to make waves in stablecoin market

Amid a 35% market cap decline since early 2023, how could Circle’s IPO recalibrate its market position and affect the broader crypto ecosystem? In a move towards regaining the lost market share, Circle Internet Financial, the company behind USD Coin… дальше »

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New Zealand’s Central Bank chief casts doubt on stablecoin stability

Adrian Orr, the governor of the Central Bank of New Zealand, has criticized stablecoins, stating they cannot replace traditional currency and “are not stable. ” During a parliamentary finance committee meeting on Feb. дальше »

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TRON poised to lead Stablecoin payments; Cardano (ADA) and NuggetRush (NUGX) ready for bullish breakout

According to recent research, Tron appears to be well-positioned to emerge as the leading stablecoin payment network, even with the multitude of blockchain networks that have already launched. Tron is a better blockchain for payments than other blockchains because of its scalability and affordability. дальше »

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Stage 1 selling out fast – Why Solana (SOL) and Tether (USDT) investors are adding Kelexo (KLXO) revolution to their portfolio early

Solana (SOL) was among the top gainers in the crypto world in 2023, while Tether (USDT) still remains the top stablecoin by market capitalization. However, the focus has shifted away from both big-cap coins in favor of new, exciting and innovative protocols with a good chance of turning in outsized returns on investment. дальше »

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XRP Can Become Stablecoin, Elon Musk's AI Grok Says

According to Elon Musk's AI product, XRP cryptocurrency can be turned into stablecoin дальше »

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Why You Need To Get Out Of USDT and USDC Before This Crypto Launches Its New Hybrid Trading Platform

Tether (USDT), a leading force in the stablecoin market, has showcased an impressive performance throughout 2023, and USDT had a recent surge in market capitalization nearing $100 billion. This unprecedented growth, coupled with USDT’s role as a vital conduit between traditional finance and the burgeoning crypto ecosystem, sets the stage for an intriguing backdrop as […] The post Why You Need To Get Out Of USDT and USDC Before This Crypto Launches Its New Hybrid Trading Platform appeared first on CaptainAltcoin. дальше »

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Why Investors From Chainlink (LINK) & Tether (USDT) Have Joined The New Kelexo (KLXO) Presale

In the wake of Chainlink’s (LINK) impressive surge and Tether’s (USDT) stablecoin dominance, the spotlight has now shifted to Kelexo (KLXO). With its stage one presale priced attractively at $0. дальше »

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Polygon stablecoin market cap surges: Impact on MATIC

Polygon saw an increase in the stablecoin market cap. MATIC fell further from the neutral line on its RSI. Polygon [MATIC] experienced a notable increase in its stablecoin market cap. How haThe post Polygon stablecoin market cap surges: Impact on MATIC appeared first on AMBCrypto. дальше »

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How USDT led the latest stablecoin resurgence

The stablecoin market cap added $9 billion to the crypto market. USDT's market cap hit a fresh milestone. The stablecoin market is showing signs of recovery, and its resurgence could play a The post How USDT led the latest stablecoin resurgence appeared first on AMBCrypto. дальше »

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MakerDAO: As DAI supply hits 18-month low, what's next?

DAI supply has fallen to its lowest in 18 months. MKR’s Awesome Oscillator has hinted at a decline in token accumulation. The total supply of MakerDAO’s [MKR] decentralized stablecoin DAThe post MakerDAO: As DAI supply hits 18-month low, what's next? appeared first on AMBCrypto. дальше »

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USDT leads the way as stablecoin inflows cross $400M

Stablecoin inflows hit over $400 million. USDT maintained a dominance in both inflows and outflows. The movements of stablecoins across the crypto industry serve as a valuable indicator for The post USDT leads the way as stablecoin inflows cross $400M appeared first on AMBCrypto. дальше »

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Solana edges out Ethereum, Tron in stablecoin volumes

Solana's market share soared to 33.76%, compared to just 1.17% a year ago. SOL regained its bullish strength, bouncing above $100 for the first time in more than two weeks. Solana [SOL] becaThe post Solana edges out Ethereum, Tron in stablecoin volumes appeared first on AMBCrypto. дальше »

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