Giancarlo Giorgetti, the Italian Minister of Economy and Finance, has pushed back against critics of a plan to raise the ...
Stablecoin giant Tether has entered the trade finance sector ... Tether’s latest attestation, audited by BDO Italy, disclosed ...
Stripe’s recent acquisition of stablecoin orchestration startup Bridge sent shockwaves through the crypto world. For the first time, a major payments company committed over a billion dollars to ...
Western, Northern, and Central Europe made up 21.7% of stablecoin activity worldwide. Crypto adoption in the region reflected ...
A consortium of financial technology and cryptocurrency companies including Robinhood , Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar.
The collateral must be held by a custodian and audited regularly to guarantee redemption of the stablecoin tokens. Tether is the most popular stablecoin, pegged at par to the U.S. dollar and ...
Stablecoin design takes many different forms, each with its own tradeoffs: Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or ...
Singapore-based stablecoin issuer StraitsX launched its stablecoin-powered ... Naver Pay and Toss Pay (South Korea), Tinaba (Italy), MPay (Macao SAR), Touch ‘n Go eWallet and MyPB by Public Bank ...
Tether, a dollar-based stablecoin (USDT), has a market capitalization of over $120 billion. It is one of the most popular “cryptocurrencies” in the world, only topped by Bitcoin and Ether in ...
Italy's economy minister said on Thursday he ... Robinhood , Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar. Donald Trump is a clear favorite to ...
The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
Tether generated $2.5 billion in profit during the third quarter of 2024, boosting its nine-month profit to $7.7 billion.