Stablecoin
24 hours
Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was...
Business and Finance
Coinbase Offered $3 Billion Credit Line To Circle Following USDC’s De-Peg
Coinbase reportedly offered a $3 billion credit line to Circle last week. The funds were meant to serve as a backstop for the reserve that...
Business and Finance
Circle May Be Able To Recover All $3.3 Billion Stuck At Silicon Valley Bank
Circle CEO Jeremy Allaire has stated that USDC will be supported through external capital if necessary. The Circle executive revealed that the company had initiated...
Altcoin News
Babel Finance Hopes On Bitcoin-Backed Stablecoin To Repay $766 Million Debt
Summary:
Babel Finance plans to repay creditors with a two-prong approach – a decentralized finance platform and a crypto-backed stablecoin token. The troubled crypto...
Business and Finance
Circle CEO Believes The SEC Should Not Regulate Stablecoins
Circle founder and CEO Jeremy Allaire recently stated that the U.S. SEC is not the right regulator for stablecoins. Allaire believes that the activities of...