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Stablecoins

The latest stablecoin news, tether news, dai news, binance USD news, USD Coin news. Stablecoin reports, reviews and more. Cryptocurrencies that are pegged to a fiat currency.

Dogecoin mascot in a black hat calmly sitting on a rock as a big dinosaur keeps spitting Binance USD stablecoins.
Dogecoin (DOGE)
Dogecoin (DOGE) Foundation Member Sounds Alarm Over BUSD Mess

DOGE Foundation's Mr. Cannoli tips off the DOGE Army on how to keep its beloved canine coin safe.
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A busy person sitting at their desk using a laptop and cellphone with a confused look on their face, while a large hand with a finger gun gesture points towards him.
Binance News
Paxos-BUSD Dispute Triggers Large-Scale Withdrawals from Binance

BUSD increases on CEXes, Paxos experiences burn of over 400 million BUSD coins. The Stablecoin market drops to $15.8 billion.
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A man in New York with a whistle
Stablecoins
Circle Warned New York Regulator About BUSD Stablecoin

Circle complained to NYDFS about Binance’s mismanagement of reserves for its BUSD stablecoin before it was asked to stop issuance.
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People falling from the sky with the main person wearing shirt with the Binance logo
Regulations
BUSD Peg Buckles Under SEC Pressure – BNB Drops 5%

Binance USD (BUSD) fell to $0.9950. This drop in value comes amid increased regulatory scrutiny of the digital asset industry.
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Man sitting disappointed surrounded by BUSD tokens.
SEC
SEC to Sue Paxos Over BUSD, Ordered to Stop Issuance

Paxos has been ordered to stop issuing BUSD by the SEC and NYDFS over claims of it being unregistered security.

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Press Releases
AshSwap the First Stable-Swap DEX Launches on MultiversX Mainnet

In November 2021, AshSwap successfully raised $2.5 million in a private sale led by Elrond.

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Charles Cascarilla being questioned by New York police
Stablecoins
New York Regulators Launch Investigation into Stablecoin Issuer Paxos

New York regulators are investigating Paxos, but the stablecoin issuer has debunked claims of its license being withdrawn.

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A hero standing at the destroyed city with Tether token on his chest.
Stablecoins
Tether (USDT) Reveals $700M Profit in Last Quarter Despite Crypto Market Turmoil

The USDT issuer announced that it ended 2022 with excess reserves of at least $960 million.
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A man standing infront of a Binance cashpoint.
Binance News
Binance to Cease US Dollar Transfers for Non-US Customers

According to a spokesperson, the termination of US Dollar transfers will affect only 0.01% of Binance's monthly active users.

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Christopher Harborne with robotic arms holding Tether coins.
Altcoins
12% of Tether Shares Owned by Boris Johnson’s Biggest Donor

Recent reports revealed that one of Tether's biggest shareholders is a mega-donor to British political candidates.

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Regulations
Reporting Information on Crypto Transactions to the Tax Authorities: There is no Date yet, but You Need to be Prepared for it

Experts from the Lewben tax group focus on the main changes that are underway.

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Man signaling "Stop" with his hands with Celsius logo at back
Tether (USDT)
Celsius Creditors Committee Dismisses Claims that Bids Were Rejected for Celsius Assets

There have been reports that five organizations had expressed interest in acquiring cryptocurrency assets from Celsius.
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Djed_Cardano_Coin_Desert_Planet_Landscape_Group_Oeople_Celebrating_web
Cardano (ADA)
Cardano’s Djed Stablecoin Hits Official Release

COTI has announced the launch of Cardano’s Djed stablecoin on January 31st, 2023 - right on schedule.
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Woman painting over OKX GUSD Stalecoins.
Stablecoins
Gemini Dollar (GUSD) Loses USD Peg as OKX Announces Delisting of the Stablecoin

Gemini’s stablecoin, GUSD, has lost its dollar peg after OKX announced the exchange would delist the coin on February 1st.

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Humans happy sitting on giant cardano stablecoins.
Cardano (ADA)
Cardano’s Djed Stablecoin Launch: What to Expect

The Djed stablecoin is expected to provide stability and rewards for holders through its overcollateralized structure and fee allocation system.
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USDC token wrapped in the US flag, with the statue of liberty next to it.
Altcoins
Circle’s $44.5B USDC Reserve Report: Major Holdings in US Bonds

USDC issuer Circle holds a large portion of its reserves in US treasury bonds and holds all reserves off-chain.

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USDC Issuer Circle Calls Off Plans to Go Public: What Does It Mean for Crypto?
Stablecoins
USDC Issuer Circle Says SEC Is the Reason for Failed $9B Plans to Go Public

Circle said that it failed to go public because the SEC didn’t approve its S-4 registration in time.
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Woman shopping in front of a background of stablecoins.
CBDCs
Stablecoins and CBDCs Have a Future in Payment: Visa CEO

The outgoing CEO of Visa, the world's largest credit card company, said they are working on several blockchain initiatives.

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Rune Christensen in front of Yearn Finance logo.
USD Coin (USDC)
MakerDAO (MKR) to Deploy $100 Million to DeFi Protocol Yearn Finance

The decentralized finance platform expects to earn around 2% annually on its deposit.
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Person reaching towards giant NAB stablecoins with logo.
Ethereum (ETH)
NAB’s Stablecoin Launch Could Shake Up the Traditional Banking Industry

National Australia Bank plans to launch a stablecoin called AUDN in mid-2023 for real-time transactions using Australian dollars.
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