stablecoin

Banking

USDC Stablecoin and Crypto Market Go Haywire After Silicon Valley Bank Collapses

[ad_1] The cryptocurrency crisis went into high gear early Saturday as Silicon Valley Bank’s (SVB) failure caused some of the…

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Stock Market

Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting

[ad_1] Join the most important conversation in crypto and web3! Secure your seat today Binance USD, the Paxos-issued stablecoin under…

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Technology

Coinbase will suspend trading for Binance USD Stablecoin on March 13, as it doesn't meet its listing standards; users will still be able to access their BUSD (Derek Andersen/Cointelegraph)

[ad_1] Derek Andersen / Cointelegraph: Coinbase will suspend trading for Binance USD Stablecoin on March 13, as it doesn’t meet…

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Technology

Sources: US SEC plans to sue Terraform Labs for not registering its TerraUSD stablecoin and misleading investors about the coin's ability to keep its dollar peg (Bloomberg)

[ad_1] Bloomberg: Sources: US SEC plans to sue Terraform Labs for not registering its TerraUSD stablecoin and misleading investors about…

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Business

Paxos ordered to cease minting Binance stablecoin by New York regulator

[ad_1] Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or…

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Technology

Binance says the NYDFS ordered Paxos to stop issuing more of its Binance USD stablecoin, which has 6.2M holders; Paxos will continue redemptions (Wall Street Journal)

[ad_1] Wall Street Journal: Binance says the NYDFS ordered Paxos to stop issuing more of its Binance USD stablecoin, which…

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Stock Market

SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ

[ad_1] Join the most important conversation in crypto and web3! Secure your seat today The U.S. Securities and Exchange Commission…

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Stock Market

PayPal just paused its plan to release a stablecoin after reports its partner is under investigation amid a larger crypto crackdown

[ad_1] The digital payments giant PayPal is reportedly pausing work on its stablecoin following news that its partner in the…

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Technology

Source: PayPal is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and Paxos, a key partner, faces a probe in New York (Bloomberg)

[ad_1] Bloomberg: Source: PayPal is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and Paxos, a key…

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Business

Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it

[ad_1] Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether…

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