Stablecoins News and Insights

The latest stablecoins news and insights to help you become an expert

Latest News

Tether names Paolo Ardoino as the new CEO

Stablecoin issuer Tether has undergone a change in leadership with the appointment of Paolo Ardoino as its new CEO.

Changpeng Zhao refutes rumors of Binance delisting stablecoins in Europe

Changpeng Zhao quashed the rumors of Binance delisting stablecoins by June 30, 2024, noting the comments made by the exchange’s representative were taken out of context.

Circle issues USDC on Polkadot network

Stablecoin issuer Circle has launched USD Coin on the Polkadot Asset Hub, allowing users to access their USDC holdings on DOT parachains via the XCM protocol.

Base to add native support for stablecoin USDC

Stablecoin issuer Circle announced its plans to launch USD Coin on Base, Coinbase’s layer-2 network.

PayPal launches Dollar-pegged stablecoin, PayPal USD

PayPal announced its plans to launch a new stablecoin, PayPal USD (PYUSD), on the Ethereum blockchain to bridge the gap between fiat and Web3 markets.

Circle CEO says yuan-backed stablecoins offer more benefits than CBDCs

In a recent interview, Circle CEO Jeremy Allaire claimed that stablecoins pegged to the Chinese Yuan are better at facilitating cross-country trades than Central Bank Digital Currencies (CBDCs).

Circle may issue a new stablecoin in Japan

In a recent interview, Circle CEO Jeremy Allaire said the company may issue a new stablecoin in Japan weeks after Japan’s landmark framework for the regulation of stablecoins came into effect.

Stablecoin issuer Tether aims to deploy USDT on Kava

Stablecoin issuer Tether will launch USDT on Kava, a layer-1 network, to increase its presence on multiple blockchains.

USDT loses peg following massive sell-off on Curve 3Pool

Tether lost its 1:1 peg to the US Dollar as traders swapped millions of USDT tokens for other stablecoins on Curve 3Pool.

Tether mints $1B USDT for future issuance on Ethereum

Stablecoin issuer Tether minted $1B worth of USDT tokens at Tether Treasury to meet future demands on the Ethereum network.

Circle drops US Treasury bonds from USDC Reserve Fund

Circle has ditched US Treasury bonds from its USDC reserves to protect the stablecoin from the ongoing US debt ceiling crisis.

Stablecoin issuer Circle launches Euro Coin on Avalanche

USDC issuer Circle launched its Euro-backed stablecoin, Euro Coin, on the Avalanche blockchain.