Stargate, the LayerZero cross-chain bridge protocol, has presented a comprehensive proposal in response to the recent “force majeure” event affecting Multichain and the resulting concerns
Category: Stablecoin
Tether Reports $700 Mn Profit, Ends Commercial Paper Exposure
Tether Holdings Limited, issuer of the world’s largest stablecoin USDT, on Thursday reported a $700 million profit made in the fourth quarter, as per its
Payments Giant VISA starts Testing Stablecoin Settlements, Mass Adoption ahead?
One of the world’s largest payments companies VISA Inc (NYSE: V) has started testing stablecoin settlements on its platform. Cuy Sheffield, VISA’s head of the
Tether [USDT] Canada plans go for a toss as exchange announces major news
Tether will be delisted from Crypto.com in Canada in adherence to the regulatory body’s directives in the country. Crypto.com will convert all USDT to USDC
United Kingdom takes concrete steps to become global crypto hub in 2023
The post-Brexit journey of the United Kingdom in 2023 will accelerate post its departure from EU’s payment and crypto regulations. The Financial Services and Markets
Nigeria latest country to create regulatory framework for stablecoins… Details inside
The central bank of Nigeria has released a report to examine the development of a regulatory framework for the potential use of stablecoins. The report
Former Barclays Chief Is Optimistic About Crypto’s Future, Here’s Why
Former Barclays Chief, Bob Diamond, in an interview with Financial Times stated that digital currencies will have a crucial role to play in financial markets.
Bitcoin, Ethereum, XRP Faces Dip; Ape Coin Rises By 2%
Crypto Cyber Monday Live Update: Bitcoin, Ripple, and Ethereum, three major cryptocurrencies, all experienced drops on Cyber Monday. The worldwide crypto capitalization is $821.54 billion,