#stablecoin

3:28am, 31st August, 2023

Binance pushes new stablecoin as it confirms plan to cease BUSD support

Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time.

Circle launches USDC stablecoin on Mercado Pago in Chile

3:27pm, 29th August, 2023

Crypto Wiki

Circle launches USDC stablecoin on Mercado Pago in Chile

The partnership will purportedly bring USDC to 2 million users in Chile.

US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction

3:20pm, 28th August, 2023

Crypto Wiki

US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction

The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions.

Num Finance launches Colombian peso stablecoin on Polygon

5:36pm, 24th August, 2023

Crypto Wiki

Num Finance launches Colombian peso stablecoin on Polygon

Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia.

Tether discontinues Bitcoin stablecoin, citing lack of usage

4:03pm, 17th August, 2023

Crypto Wiki

Tether discontinues Bitcoin stablecoin, citing lack of usage

The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year.

PayPal’s stablecoin opens door for crypto adoption in traditional finance

8:19am, 17th August, 2023

Crypto Wiki

PayPal’s stablecoin opens door for crypto adoption in traditional finance

PayPal’s stablecoin sparked conversations over traditional finance’s growing interaction with the crypto space, stablecoin regulations and more.

Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated

8:00pm, 13th August, 2023

Crypto Wiki

Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated

Blockchain security firm PeckShield estimates the protocol suffered more than $2.1 million from the price manipulation attack.

Crypto Biz: PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase's L2

4:33pm, 11th August, 2023

Crypto Wiki

Crypto Biz: PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase's L2

This week’s Crypto Biz explores PayPal’s stablecoin, Coinbase’s new layer 2 network, Bitstamp’s fundraising and the growing popularity of crypto bots on Telegram.