Stablecoin Remittances Are The Future Of Finance- MoneyGram CEO

With crypto adoption growing globally across all sectors, most top firms don’t want to be left out of the trend. Many of them are starting to include digital assets in their operations. MoneyGram International is the latest company to start offering crypto-related services. According to a Bloomberg report, the money transfer service firm is now … Read more

Despite Its Market Cap Dip, Tether’s USDT Launches On Polygon

USDT issuers, Tether, are launching their popular stablecoin on the Polygon network. Tether Expands Across The Crypto Space Tether keeps expanding across other networks amidst growing worries over the stablecoin market. Tether’s stablecoin (USDT) is now on the Polygon network. The launch will likely boost the value of the USDT stablecoin. USDT has shed more … Read more

Terra’s Tokens Had Design Flaws, But There Was No Rug Pull – Paolo Ardoino

Do Kwon and his team continue the battle to restore normalcy to the Terra network following the crash of the network’s algorithmic stablecoin and native token. LUNA’s price crashed so hard that it now trades for pennies, while the TerraUSD stablecoin (UST) lost its USD peg and now trades at $0.0625, according to the current … Read more

SEC Commissioner Hester Peirce Backs A Regulatory Framework For Stablecoins

Securities and Exchange Commission (SEC) Commissioner – also known as the crypto mom – Hester Peirce, has supported the regulatory agenda related to stablecoins that permits room space for failure. While appearing at some online panel arranged on the behalf of the OMFIF (Official Monetary and Financial Institutions) – a policy organization – Peirce, having … Read more

Q1 2022 Tether Trading Volume Significantly Lower Than Q1 2021 Trading Volume

As the volatility of the crypto market reaches a pitch high, data analytics show that the trading volume of Tether in the first quarter of this year is significantly lower than that of the same quarter last year. While many crypto investors are transferring their cryptos to stablecoins, there isn’t a massive influx of investors … Read more

UK Plans To Bring Blockchain Tech And Stablecoins Payments In Financial Markets

In its efforts to adopt stablecoins and blockchain into the market, the government of UK has called for the revision of regulations implemented towards stablecoins. Seeing the immense growth of stablecoins in the digital asset market, the government of UK has announced that it will be pushing mainstream adoption of stablecoins, enabling them to the … Read more

Circle to Open a US Cryptocurrency Bank Charter

One of the largest stablecoin issuers, Circle, has said it’s one step closer to unveiling its United States crypto bank charter. The company is currently working to finalize the launch with regulators – a process that began in August last year. However, reports surprisingly reveal that the issuer of the stablecoin USD Coin is yet … Read more