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Stablecoins
UK progresses plans for systemic stablecoin regime
The U.K. Treasury’s response to a consultation updates proposals for a regulatory regime for systemic stablecoins, which would be supervised...
PayPal, Paxos launch new stablecoin just as Fed Reserve tightens oversight
PYUSD is being pitched as good for sending person-to-person payments, transferring to external wallets or funding purchases and users can...
USDC market cap craters as USDT expands—why are people still pretending Tether is legit?
USDC is shrinking due to a crisis in confidence, but instead of USDT's market cap plummeting as a result of...
Huobi, Tron reject China arrest rumors as stablecoin wars heat up
Following the weekend news, Justin Sun tweeted to reassure Tron and Huobi customers that he remained a free man, while...
Tether launches $115M ‘share buyback’ as cash reserves dwindle
Tether's audit report claims its reserves have ballooned by $7.1 billion from what was registered in Q1, but its real...
US Congress debates stablecoins, self-hosted wallets as privacy vs AML debate rages on
Debates on regulating digital assets rage on, with officials from the U.S. finding it hard to find common ground that...
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