IMF Report: Stablecoins Can Improve Financial Inclusion
The International Monetary Fund (IMF) views stablecoins as a potential tool for enhancing financial inclusion across Asian nations.
OKX Delists Tether for EU Users
OKX has stopped offering support for trading pairs involving Tether’s USDT stablecoin to users in the European Union and the European Economic Area (EEA).
The EU Releases Draft Regulatory Standards for Stablecoin Issuers
The EU has released preliminary regulatory guidelines for stablecoin issuers regarding the resolution of complaints.
Tether Announces Plans to Launch USDT on Celo Blockchain
Popular stablecoin operator Tether is expanding its USDT stablecoin to more blockchain networks and has recently formed a strategic partnership with the Celo network.
Stablecoin Studio on Sui, S3, to Give Sui Developers Compliant Payment Processing Stablecoin Applications
Grand Cayman, Cayman Islands, March 8th, 2024, Chainwire Powered by Pravica, S3 will provide builders on the Sui blockchain with the opportunity to seamlessly launch native stablecoins without the complexities of smart contract development and currency management S3.MONEY (S3), a stablecoin studio developed on top of the Sui blockchain, was officially announced today by Cairo-based blockchain startup Pravica in collaboration […]
Conflux Network introduces AxHKD, Hong Kong Dollar-Backed Stablecoin
Toronto, Canada, March 8th, 2024, Chainwire Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar (HKD)-backed stablecoin, AxHKD. Built by local fintech company AnchorX, the stablecoin will be launched on Conflux Network initially, followed by Ethereum. Conflux will provide the underlying technology with its […]
Circle Stops Issuing USDC on TRON Network
Circle announced on Wednesday that it will no longer support USDC on the TRON network and has already ceased its USDC minting services on the blockchain.
