2024-8-11 17:01 |
Tether CEO Paolo Ardoino believes MiCA’s latest regulatory move puts banking systems and the use of stablecoins in the EU at a “systemic risk.” In a recent interview with Cointelegraph, Ardoino shared his concerns about a passed MiCA regulation that… origin »
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Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves requirements, could pose systemic risks to banks. Paolo Ardoino, the chief executive of the company behind the largest stablecoin by market capitalization,…
2024-7-27 17:25 | |
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The global crypto market cap stands around $3. 58 trillion, down by 0. 13% in the past 24 hours at the time of writing. Daily trading volume for the entire market fell 22% to around $107 billion in this period.
Kraken announced its plan to end support for Tether’s token and other non-compliant stablecoins for European clients.
Tether reported net profits of $13 billion during 2024 generated by its businesses, which include the largest stablecoin USDT.
Tether’s latest move puts USDT directly on Bitcoin’s infrastructure, allowing stablecoin transactions to settle faster and more efficiently via the Lightning Network. Tether (USDT), the world’s largest stablecoin issuer, has announced its integration with Bitcoin’s (BTC) ecosystem, marking a new…
The crypto community is split on stablecoins’ future, with some expecting growth and others worried about regulatory hurdles in 2025. Stablecoins are everywhere. Wealthy businesses and VCs see them as a silver bullet for companies struggling with outdated payment systems.…
After winning a MiCA license, Crypto.com will become the second digital asset exchange to end trading support for Tether’s stablecoin.
Coinbase has signaled a willingness to remove Tether’s stablecoin from its platform depending on how the U.S. regulatory landscape matures under Donald Trump.