In the face of increased regulatory scrutiny, Tether, the company behind the stablecoin USDT, said that it had diversified into four new business areas.
Read MoreIn the face of increased regulatory scrutiny, Tether, the company behind the stablecoin USDT, said that it had diversified into four new business areas.
Read MoreBinance has transferred $1 billion from its Secure Asset Fund for Users (SAFU) to USD Coin (USDC), the stablecoin created by Circle. This means that the fund now accounts for about 3% of the stablecoin's total supply that is in circulation.
Read MoreThe company behind the biggest stablecoin in the world, Tether, announced that it is restructuring to accommodate its foray into new digital asset categories.
Read MoreIn response to a perceived lack of worldwide clarity on stablecoin regulations, the two biggest digital dollar suppliers have taken different approaches. Circle is appealing to US lawmakers for assistance, while Tether is going after fraud and money laundering head-on.
Read MoreTether caused a stir in the financial industry in 2023 when it reported an incredible $6.2 billion in net income.
Read MoreAccording to Nick van Eck, the Agora digital dollar won't be accessible in the US until comprehensive legislation has been implemented.
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