Tether Becomes 11th Largest BTC Whale
Tether, the stablecoin issuer, has recently become the 11th largest Bitcoin holder globally.
OKX Wallet Launches Account Abstraction-Powered ‘Smart Account’ Feature, Enabling USDT and USDC Gas Fee Payments on Multiple Chains
Singapore, Singapore, August 2nd, 2023, Chainwire Additional account abstraction capabilities, including a social recovery feature, will be rolled out at a later date OKX, a leading Web3 technology company, today announced the launch of a new account abstraction-powered Smart Account feature on its OKX Wallet, enabling users to pay for transactions on multiple blockchains using USDC or USDT. OKX Wallet […]
Aave Launches its Stablecoin GHO on Ethereum Mainnet
Decentralized finance protocol Aave has just launched the decentralized stablecoin GHO on the Ethereum mainnet.
USDC Issuer Circle Might Launch a Stablecoin in Japan
Circle, the issuer of stablecoin USDC, is planning on launching a stablecoin in Japan, as voiced by CEO and co-founder Jeremy Allaire.
Fitch Believes Valuation of Stablecoin Market Rises Moderately Amid BTC Rally
Despite BTC’s rally to yearly highs, the stablecoin sector has not seen its full benefit, according to Fitch.
Hong Kong Plans to Issue a Stablecoin to Compete with USDT and USDC
Hong Kong has penned a new policy proposal, emphasizing the benefits of a Hong Kong Dollar-backed stablecoin (HKDG), to be issued by the government.
Bank of Italy Calls for Increasing Control Over Stablecoins
The Bank of Italy has advocated for the development of a regulatory framework for digital currencies pegged to fiat money.
