Aave GHO’s Stablecoin Goes Live on Ethereum Mainnet
After the recent launch of Aave’s decentralized stablecoin, GHO, on the Ethereum mainnet, its circulating supply soared to $1.5 million within the first 24 hours.
GSTechnologies steams ahead with stablecoin application to UK regulator
Fintech group GSTechnologies Ltd (LSE:GST) continues to make “significant” progress in its stablecoin application for admission to the UK Financial Conduct Authority (FCA)’s Regulatory Sandbox. The London-listed company’s application, as…
Aave DAO announces plan to launch stablecoin on Ethereum
Aave DAO, a leading decentralized finance (DeFi) platform, has announced plans to introduce its native decentralized stablecoin, named GHO, on the Ethereum mainnet. This move is aimed at enhancing transparency…
Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation
Techteryx assumed “full management full management of all offshore operations and services related to TUSD,” on July 13.
Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TUSD Poses Risk: Kaiko
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
Former CFTC Chair Massad: Our Hand Will Be Forced ‘Sooner or Later’ on Stablecoin Regulation
Tim Massad, former CFTC chairman and current director of the Digital Assets Policy Project at the Harvard Kennedy School, weighs in on the state of crypto regulation in the U.S.,…
Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks
The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply…
Bitcoin Price Pump Imminent Above $30k As Sharks and Whales Snatch Stablecoins in Droves
The leading cryptocurrency, Bitcoin (BTC), continues to tiptoe above $30,000, with many market watchers believing brighter days lie ahead, bolstered by an encouraging marginal decline in the United States inflation…
European Banking Authority Urges Stablecoin Issuers to Comply with Consumer Protection and Risk Management
The European Union has been taking significant steps to regulate the crypto industry, with the introduction of the Markets in Crypto Assets Regulation (MiCAR) being a prime example. Recently, the…
Tether (USDT) and USDC Hinting at Possible Next Move for Crypto Markets, According to Analytics Firm Santiment
The on-chain patterns of the top two stablecoins by market cap could hint at when the crypto markets are gearing up for another leg up in price, according to the…
