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    Tag: stablecoin

    Federal Reserve to Launch New Instant Payment Service in July

    The Federal Reserve said Wednesday to launch its long-awaited instant payment service FedNow in July.

    Silvergate Crisis Will Likely Boost Stablecoins’ Role in Crypto Trading

    Cryptory.net - Kaiko believes that the absence of Silvergate will make large investors come to stablecoins as an alternative, thereby boosting their role in crypto trading.

    20 Global Stablecoins Establish An International Standards Body

    In response to crypto developments, 15 companies issuing 20 different stablecoins formed a new body to represent the market.

    Tether (USDT) Gains $1 Billion in Capitalization as US Regulators Crack Down on Crypto

    The Paxos – BUSD crackdown in the past days has helped Tether's USDT expand its market share.

    Paxos To Stop Issuing 3rd Largest Stablecoin BUSD

    Cryptory.net - Paxos will no longer issue new BUSD tokens from Feb 21 after a lawsuit threat by the SEC.

    8 Craziest Crypto Stories of 2022

    Cryptory.net - 2022 may be the worst year for crypto as many large companies in the space have filed for bankruptcy.

    Cardano (ADA) To Launch Algorithmic Stablecoin in Early 2023

    Cryptory.net - Cardano’s algorithmic stablecoin “Djed” will officially launch in January next year with 40 projects on Cardano ecosystem ready to integrate this new stablecoin.

    Tether Under Investigation Again, Bitcoin Falls Slightly

    Cryptory.net - The stablecoin Tether (USDT) has become the focus of attention when falling under regulator spotlight again.

    NEAR Protocol To Shut Down Its Stablecoin USN

    Cryptory.net - Decentral Bank, the issuer of Near-native stablecoin USN, said it could no longer maintain the project due to the decline in price of NEAR.