Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
@Tether has appointed Benjamin Habbel, ex-Google executive, as Chief Business Officer to drive growth and tech integration, while discussing a $20 billion investment for expansion in AI and mining sectors. #Update #Crypto $USDT
The stablecoin market is projected to reach $4 trillion by 2030, with issuance rising to $280 billion, driven by blockchain adoption in commerce and corporate demand for bank tokens. #Update #Crypto $USDT
Nine European banks, including @ING, @UniCredit, and @CaixaBank, plan to launch a MiCA-compliant Euro stablecoin in 2026 to enhance digital payments and challenge the US market dominance. #Breaking #Crypto $EURC
South Korea’s @Naver is negotiating a share swap with Upbit operator Dunamu, exploring stablecoin projects; no terms finalized yet. Naver shares rose 11.4%. #Update #Crypto
Venezuela shifts public spending to $USDT over dollars, marking a significant move toward stablecoins amid economic challenges. #Update #Crypto $USDT
A consortium of nine European banks, including @ING and @UniCredit, plans to launch a euro-backed stablecoin by 2026 to enhance EU financial autonomy and comply with MiCAR regulations. #Update #Crypto $EURC
Nine major European banks, including @ING and @UniCredit, are launching a euro-denominated stablecoin under MiCA regulations, aiming for efficient cross-border payments by 2026. #Update #Crypto $EUR
Nine European banks, including ING and UniCredit, will launch a euro-denominated stablecoin under the EU’s MiCA framework. The consortium seeks a Dutch e-money license. #Update #Crypto #Stablecoin
Circle Ventures invests in Crossmint to enhance global stablecoin payments, as stablecoins drive nearly half of digital asset use in Africa for remittance. #Update #Crypto #Stablecoin
Hyperliquid’s stablecoin $USDH launched, achieving over $2M in volume. The dollar-pegged asset aims to reduce reliance on $USDC and bolster ecosystem liquidity through reserve income sharing. #Update #Crypto $USDH
Tether seeks funding at a $500B valuation as USDT surpasses $170B market cap, reflecting its dominance in crypto trading and cross-border payments. #Update #Crypto $USDT
Tether aims to raise $20 billion, potentially valuing it at $500 billion, similar to OpenAI and SpaceX. Discussions are initial; Cantor Fitzgerald advises. #Update #Crypto $USDT
Discussions on a Korean Won stablecoin are underway ahead of Korea Blockchain Week, but capital controls limit its global use; only Hong Kong’s dollar is fully convertible. #Update #Crypto $KRW
@Tether is in talks to raise $15-$20 billion for 3% equity, potentially valuing the firm at $500 billion. Discussions are early-stage, with Cantor Fitzgerald advising. #Update #Crypto $USDT
