Stablecoin
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Regulation
Regulatory victory for Paxos as Singapore approves US dollar stablecoin plan
Paxos has secured an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for Paxos Digital Singapore. This approval…
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Blockchain
Ondo unveils bridge to move treasuries-backed USDY stablecoin across chains
Ondo Finance, the issuer of tokenized secure notes and on-chain treasuries, collaborated with Axelar to introduce Ondo bridge, a cross-chain…
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Regulation
Tether’s USDT Breaks $85,000,000,000 Market Cap As Fed Vice Chair Calls for Federal Stablecoin Regulation: Report
The largest US dollar-pegged stablecoin by market cap is surging to new heights as talk of crypto regulation in the…
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Regulation
Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs
Michael Barr, vice chair for supervision at the U.S. Federal Reserve, commented on matters related to stablecoins and CBDCs on…
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Regulation
PayPal Says It Has Received a Subpoena From the SEC Over the PYUSD Stablecoin
Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its…
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Regulation
PayPal receives SEC subpoena regarding its $156M market cap PYUSD stablecoin
PayPal has disclosed it received a subpoena from the Securities and Exchange Commission (SEC) tied to its U.S. dollar stablecoin,…
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Regulation
BIS Says ‘Strongly Coordinated’ International Efforts’ Needed To Prevent Stablecoin Regulatory Arbitrage
The Bank for International Settlements says coordinated international efforts are necessary for stablecoin regulation. According to a new BIS release from…
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Blockchain
Standard Chartered and Deutsche Bank Completes Stablecoin Trial on UDPN blockchain
Big banks are racing to adopt blockchain’s leading use case, with Standard Chartered and Deutsche Bank the latest to trial…
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Analysis
Real Estate-Backed US Dollar Stablecoin Built on Polygon Loses 47% of Its Value After Suffering Serious Depeg
A stablecoin built on layer-2 scaling solution Polygon (MATIC) and backed by real estate assets has lost nearly half of…
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Blockchain
Reserve expands stablecoin protocol to Coinbase’s Base network
Decentralized stablecoin protocol Reserve has launched on the Coinbase-incubated Layer 2 network Base, its first deployment beyond the Ethereum mainnet,…
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