Paxos Rebrands Its Standard Stablecoin as Pax Dollar under the Ticker USDP

This Tuesday, Walter Hessert, strategy head of Paxos, published a blog post stating that the blockchain infrastructure firm has now rebranded its Paxos standard stablecoin...

Maker Foundation Set To Close Down As MakerDAO Pursues Full Decentralization

Rune Christensen, CEO of Maker Foundation, announced today that the Ethereum network native DeFi protocol is now set to close down as it hands...

Janet Yellen Calls to Hasten the Development of Stablecoin Regulation

Janet Yellen, the current US Treasury Secretary, had a meeting yesterday with the chiefs of several federal agencies, the President’s Working Group for Financial...

Tether Is On the Hunt for a Reputation Manager

Tether, the firm responsible for the US dollar fully supported stablecoin, USDT, is announcing that it is looking for someone to fill up its reputation...

Unbound Receives Over $5.8 Million from Arrington, Pantera, and Others In Support Of the...

Several venture capital firms, including Arrington Capital and Pantera Capital, have collectively raised over $5.8 million towards Unbound Finance specifically to support its development of...

FTX Partners With Circle in the Effort to Improve Its USDC Support

Brian Armstrong, CEO of c then notes that the crypto space is aiming to add more and more assets down the line, much like how...

Tether Discloses the Breakdown of Its Reserves

Tether Holdings Limited, the stablecoin issuer of USDT, unveiled the breakdown of its current reserves for the first time in 7 years, as reported by...

The Thailand Central Bank Is Expected To Regulate Stablecoins Starting This Year

The Bank of Thailand (BoT) says that it will start issuing regulations on stablecoins this year as a countermeasure for the increasing threat of illegal baht-denominated...

Canadian Bank VersaBank Announces Its Plans To Soon Launch A Native Digital Currency, The...

VersaBank, a Canada-based bank, announced today that it plans to introduce and subsequently launch its own stablecoin, called VCAD. VersaBank's native currency will reportedly be...

Private Messaging Application Signal Is Purportedly Exploring the Concept of Integrating Crypto Payments

As per the recent report of the founder of Platformer, Casey Newton, Privacy-centric messaging application Signal is now seemingly eyeing the prospect of integrating cryptocurrency...

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