Tether's CEO Eyes New #Stablecoin Amid Regulatory Challenges for #USDT

This potential move comes as #Tether seeks to navigate a complex landscape of evolving legislation and compliance requirements in the United States.

Read more: https://blockzhub.io/news/67f143c0a8c0fe2d7478332a?utm_source=mastodon&utm_medium=social&utm_campaign=news_share

Circle's IPO Plans Hang in the Balance Amid Economic Turmoil

#Circle, the issuer of the #USDC #stablecoin, is contemplating a delay in its initial public offering (IPO) due to the current economic climate marked by volatility and uncertainty.

Read more: https://blockzhub.io/news/67f11a21a8c0fe2d74782d64?utm_source=mastodon&utm_medium=social&utm_campaign=news_share

Introducing Paywaz: The Future of Zero-Fee Crypto Payments. Read the blog here: https://paywaz.com/blog

Merchants be like…
Why stick with high fees when #Paywaz offers zero-fee payment processing? Say goodbye to unnecessary costs and hello to seamless, crypto-powered payments! #ZeroFees #CryptoPayments #Stablecoin #Fintech #Blockchain #Crypto #Payments

Codex Unveils Ambitious Plan for #Stablecoin -Only #Blockchain

This initiative reflects a growing trend in the #cryptocurrency space, focusing on regulatory compliance and the increasing demand for fiat-backed stable assets.

Read more: https://blockzhub.io/news/67f0e314a8c0fe2d7478285b?utm_source=mastodon&utm_medium=social&utm_campaign=news_share

Crenshaw Critiques SEC's Assessment of USD- #Stablecoin Market

Crenshaw argues that the SEC's guidelines misrepresent the risks associated with #stablecoins, while some in the #crypto industry view the SEC's actions as a positive development.

Read more: https://blockzhub.io/news/67f0b0cca8c0fe2d74782582?utm_source=mastodon&utm_medium=social&utm_campaign=news_share

Eric Trump reveals why his family shifted to cryptocurrency amid cancel culture, opens up about his White House role https://www.byteseu.com/895832/ #BitcoinMining #Crypto #CryptoCurrency #EricTrump #MemeCoins #stablecoin #TrumpOrganization

First Digital Trust Redeems $26 Million After #FDUSD #Stablecoin Depeg

This incident occurred amid allegations of insolvency made by #Tron #TRX founder Justin Sun, raising concerns in the #cryptocurrency community.

Read more: https://blockzhub.io/news/67efe88ba8c0fe2d74781853?utm_source=mastodon&utm_medium=social&utm_campaign=news_share

Apparently the #Houthis have been using #Tether's USDT stablecoin to do [whatever], because #OFAC just placed sanctions on a bunch of USDT wallets on #JustinSun's #Tron blockchain that they claim are connected to the Houthis.

Reminder that Justin Sun is Donald Trump's business partner in #WorldLibertyFinancial and #HowardLutnick manages Tether's money, so now you have a situation where Trump & co. are profiting from the same people they are bombing.

Wintermute Capitalizes on #FDUSD Depeg with $75M Transfer and $3M Profit Opportunity

This move comes in the wake of claims regarding the #stablecoin issuer's insolvency, which led to a drop in $FDUSD's value to $0.87.

Read more: https://blockzhub.io/news/67ef76efa8c0fe2d74780f30?utm_source=mastodon&utm_medium=social&utm_campaign=news_share

Democrats stall #Stablecoin bill, citing Trump crypto ambitions

Democratic lawmakers want to add language to the bill that would restrict elected officials and high-level government employees from owning and profiting off stablecoin issuers.

https://www.americanbanker.com/news/democrats-stall-stablecoin-bill-citing-trump-crypto-ambitions?utm_source=flipboard&utm_content=ArizentCo%2Fmagazine%2FAmerican+Banker

FDUSD seems to be recovering after yesterday’s depeg.

The stablecoin dropped 9% after Justin Sun (TRX founder) accused its issuer of insolvency. First Digital denies the claims and says the Techteryx lawsuit isn’t related to FDUSD. We unpack the entire situation here: https://auriccrypto.com/stable/fdusd-stablecoin-suffers-depeg-following-justin-suns-solvency-warning/

Sun's Tweet Shakes #FDUSD #Stablecoin Value

Justin Sun, the founder of #TRON #TRX, made headlines with a tweet that impacted the value of the FDUSD. His claims regarding the insolvency of First Digital Trust led to a sharp decline in the stablecoin's value.

Read more: https://blockzhub.io/news/67ee335aa8c0fe2d7477f304?utm_source=mastodon&utm_medium=social&utm_campaign=news_share

Ripple’s RLUSD stablecoin is now live on Kraken!
With $10B in trading volume and expanding exchange listings, RLUSD is gaining serious momentum. Could it rival USDT and USDC?

#Ripple #Stablecoin #RLUSD #Kraken #xrpnews

https://cryptosnewss.com/ripple-usd-rlusd-hits-kraken-10b-trading-volume-signals-rapid-growth/

#TrueUSD, one of the many stablecoins connected to Chinese crypto scammer & Donald Trump business partner #JustinSun, received a half billion dollar bailout from... Justin Sun when it couldn't get its capital out of First Digital, another chinese #moneylaundering company that runs a stablecoin #FDUSD that is used for most trading on #Binance.

> "In September 2024, #TrueCoin and #TrustToken (the #stablecoin's owners before #Techteryx) settled with the #SEC over allegations they falsely marketed TrueUSD as fully dollar-backed while secretly investing reserves in risky offshore funds."

https://protos.com/justin-sun-bailed-out-500m-stablecoin-tusd-report/

Trump's Controversial #Crypto Ambitions: Aiming to Replace the Dollar?

In a recent congressional hearing, California Rep accused President #Trump of attempting to replace the U.S. dollar with a #stablecoin linked to his family's business interests.

Read more: https://blockzhub.io/news/67ed7f23a8c0fe2d7477eca0?utm_source=mastodon&utm_medium=social&utm_campaign=news_share

Ripple's RLUSD stablecoin (pegged to USD) is now on Kraken! It's also integrated into Ripple's payment platform, facilitating cross-border payments for clients like BKK Forex & iSend. Launched in Dec 2024, RLUSD already boasts a $240M market cap. #RLUSD #stablecoin #Ripple #Kraken

NEW : #Cardano $ADA Founder Charles Hoskinson says "once the #stablecoin and market structure bills pass, that opens the floodgates.

Apple, Facebook, Google, and Microsoft will put crypto wallets in their platforms. When you add their users up, it's 3 billion people."

USDC issuer Circle confidentially files for IPO with the SEC! No details yet on share numbers or price. CEO Jeremy Allaire cites transparency as a key reason for the move. The filing coincides with ongoing stablecoin regulatory discussions in Congress. Stay tuned! #USDC #IPO #Stablecoin #Crypto

https://www.alojapan.com/1234330/japanese-banking-giant-smbc-plans-avalanche-stablecoin-report-ledger-insights/ Japanese banking giant SMBC plans Avalanche stablecoin – report – Ledger Insights #AvaLabs #avalanche #blockchain #CrossBorderPayments #DigitalCurrency #DistributedLedger #DLT #Fireblocks #Japan #JapanNews #Japanese #JapaneseNews #news #Payments #smbc #stablecoin #SumitomoMitsuiBankingCorporation #SumitomoMitsuiFinancialGroup Sumitomo Mitsui Financial Group, the parent of Japan’s second largest bank SMBC, is planning to issue a st…