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.
MakerDAO Reduces USDC Collateral
On March 13, MakerDAO’s DAO protocol experienced an all-time high, with nearly 4.4 billion USD Coin (USDC) locked in PSM mechanisms.
Tether Chooses Kava As Gateway for Cosmos USDt
Georgetown, Cayman Islands, June 23rd, 2023, Chainwire Tether chooses Kava, a layer-1 blockchain designed for scalability and speed, as its gateway to the Cosmos ecosystem. Kava is excited and honored by Tether’s decision to bring the world’s most liquid, secure, and transparent stablecoin USDt to Cosmos appchains and Kava EVM dApps. https://twitter.com/Tether_to/status/1671445095965499393?s=20 “Kava’s support of Tether’s USDt integration will help […]
Fed Chairman Believes Agency Should Regulate Stablecoins
Federal Reserve Chairman Jerome Powell expressed support for a strong federal role in regulating the stablecoin sector on Wednesday.
