Uphold Plans to Delist 6 Stablecoins, Including USDT
European users of the cryptocurrency exchange Uphold have received a notice stating that starting July 1, the platform will no longer support six popular stablecoins.
Tether to Invest $1B in Deals in 2025
According to a report by Bloomberg on Tuesday, chief executive officer of stablecoin developer Tether, Paolo Ardoino, has revealed that their investment arm plans to make deals worth $1 billion in the next year.
Paxos Announces Lift Dollar Stablecoin
Paxos International, a company based in the UAE under Paxos, has introduced a new stablecoin called Lift dollar (USDL), which offers a yield to users. The stablecoin’s first market will be in Argentina.
Binance Will Limit Access to Certain Stablecoins in the EU
On June 30, 2024, the new MiCA rules for stablecoins will go into effect in the European Economic Area (EEA), and crypto exchange Binance has warned its users about the upcoming restrictions.
Native Stablecoins Swell on Sui as Agora Adds AUSD Stablecoin to Network
Austin, Texas, 29th May 2024, Chainwire
Crypto Exchange Kraken Says It Will Not Delist Tether in Europe
Kraken has no intentions of removing Tether (USDT) from its platform in Europe despite previous reports of a potential delisting to comply with legal requirements.
Tether’s Q1 Profit Reaches $4.5B
In the first quarter of 2024, Tether Holdings reported a record net profit of $4.52 billion.
