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Stablecoins

diutocoinnews Home / Stablecoins
Hong Kong Considers Bill to Regulate Stablecoins
Posted inBlockchain Crypto Economy Exchange Politics Regulations Stablecoins Technology WEB 3.0

Hong Kong Considers Bill to Regulate Stablecoins

Posted by By Akachukwu Chukwuma 09/12/2024
Hong Kong plans to introduce new rules to regulate stablecoins (a type of cryptocurrency tied…
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‘Uptober’, Tether’s USDT reaches $120B market capitalization
Posted inBitcoin NEWS Stablecoins

‘Uptober’, Tether’s USDT reaches $120B market capitalization

Posted by By Eze Chichetaram 25/10/2024
According to Tether's website, which tracks updates and performance of their stablecoin, the USDT, in…
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BlackRock pitches BUIDL for derivatives collateral to crypto exchanges
Posted inCrypto NEWS Stablecoins Trading

BlackRock pitches BUIDL for derivatives collateral to crypto exchanges

Posted by By Eze Chichetaram 19/10/2024
BlackRock, a top Bitcoin ETF issuer, has made known its plan with Securitize to integrate…
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African nation of Eswatini releases design for tokenized retail CBDC
Posted inCrypto NEWS Regulations Stablecoins

African nation of Eswatini releases design for tokenized retail CBDC

Posted by By Eze Chichetaram 11/10/2024
The Central Bank of Eswatini, a small country between South Africa and Mozambique, has presented…
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TRON Network revenue grows to $577M surpassing Bitcoin and Ethereum Networks
Posted inBlockchain Crypto NEWS Stablecoins

TRON Network revenue grows to $577M surpassing Bitcoin and Ethereum Networks

Posted by By Akachukwu Chukwuma 04/10/2024
Driven by the network’s increasing stablecoin activity and efforts to tap into the growing memecoin…
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Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance
Posted inCrypto Economy NEWS Stablecoins

Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance

Posted by By Eze Chichetaram 03/10/2024
Like an inverse proportion, Nigeria and Ethiopia are suffering a decrease in the value of…
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Nigerian remote workers prefer to be paid in stablecoins 
Posted inCrypto NEWS Stablecoins

Nigerian remote workers prefer to be paid in stablecoins 

Posted by By Akachukwu Chukwuma 27/09/2024
Nigeria has consistently ranked high in global cryptocurrency adoption. A recent Chainalysis report confirms that…
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Ethena Labs launches new UStb stablecoin backed by BlackRock’s BUIDL
Posted inCrypto NEWS Stablecoins

Ethena Labs launches new UStb stablecoin backed by BlackRock’s BUIDL

Posted by By Eze Chichetaram 27/09/2024
On Thursday, the 26th, Ethena Labs, developer of the decentralized stablecoin protocol Ethena, revealed that…
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New Report: Nigeria and Others Top in CBDC Global Adoption
Posted inEconomy NEWS Stablecoins

New Report: Nigeria and Others Top in CBDC Global Adoption

Posted by By Eze Chichetaram 17/09/2024
About 134 countries, constituting 98% of the representing 98% of global GDP, are currently exploring…
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The Issuer of USDC Stablecoin, Circle Moves HQ to New York Ahead of IPO
Posted inCrypto NEWS Stablecoins

The Issuer of USDC Stablecoin, Circle Moves HQ to New York Ahead of IPO

Posted by By Akachukwu Chukwuma 16/09/2024
The company behind the world’s second-largest stablecoin, Circle Internet Financial, is moving its global headquarters…
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Tether Reports $6.2B In Profit Surpassing BlackRock’s Profit
Posted inCrypto NEWS Stablecoins

Tether Reports $6.2B In Profit Surpassing BlackRock’s Profit

Posted by By Akachukwu Chukwuma 13/09/2024
Tether, the largest issuer of stablecoins, has released a report highlighting its remarkable profit of…
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Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B
Posted inCrypto NEWS Stablecoins

Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B

Posted by By Akachukwu Chukwuma 11/09/2024
The current Coingecko State of Stablecoins 2024 report shows that fiat-backed stablecoins with $161.2B Markets…
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Paystack parent company, stripe to bring back crypto payments in a new partnership 
Posted inExchange NEWS Stablecoins

Paystack parent company, stripe to bring back crypto payments in a new partnership 

Posted by By Tony Chimdiuto 04/07/2024
Stripe, an online payment processing solution for accepting payments with different payment methods, now including…
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Stablecoins Surpasses Bitcoin As The Preferred Currency For Illicit Transactions
Posted inNEWS Stablecoins Trading

Stablecoins Surpasses Bitcoin As The Preferred Currency For Illicit Transactions

Posted by By Nsikanabasi Edet 22/01/2024
A Chananalysis report has revealed that stablecoins have now become the digital currency of choice…
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African Stablecoin Consortium Makes a U-turn On cNGN Launch To Seek Central Bank Approval
Posted inFintech NEWS Regulations Stablecoins

African Stablecoin Consortium Makes a U-turn On cNGN Launch To Seek Central Bank Approval

Posted by By Nsikanabasi Edet 12/01/2024
This comes a few days after there were reports that it will be launching the…
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New Holders Emerge For PYUSD as its supply skyrockets by 49%
Posted inNEWS Stablecoins

New Holders Emerge For PYUSD as its supply skyrockets by 49%

Posted by By Nsikanabasi Edet 28/10/2023
$PYUSD holders have risen by a whopping 55% in October 2023. But 99.95% of its…
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Legislators Push For Use Of Stablecoin Crypto As Bail Bond. 
Posted inNEWS Stablecoins

Legislators Push For Use Of Stablecoin Crypto As Bail Bond. 

Posted by By Ekenedilichukwu 15/05/2023
New York state legislators have proposed certain amendments to the law that could allow residents…
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South Africa Enters Into Second Phase of It’s Central Bank Digital Currency Project.
Posted inBitcoin Blockchain NEWS Politics Stablecoins

South Africa Enters Into Second Phase of It’s Central Bank Digital Currency Project.

Posted by By Ekenedilichukwu 29/03/2023
South Africa's apex regulating bank, the Reserve Bank Of South Africa (SARB) announced that it…
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<strong>Nigeria eNaira CBDC Facing Challenges, CBN Contracts US Firm To Improve The Digital Currency. </strong>
Posted inEconomy Fintech My Crypto Life NEWS Politics Stablecoins

Nigeria eNaira CBDC Facing Challenges, CBN Contracts US Firm To Improve The Digital Currency. 

Posted by By Ekenedilichukwu 23/02/2023
Following continuous actions  to create an efficient digital currency, the Central Bank of Nigeria is…
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<strong>Binance Stablecoin, BUSD Faces Scrutiny In The US. </strong>
Posted inFintech NEWS Regulations Stablecoins

Binance Stablecoin, BUSD Faces Scrutiny In The US. 

Posted by By Ekenedilichukwu 14/02/2023
Paxos Trust Company, the firm behind Binance's stablecoin, said the U.S. Securities and Exchange Commission…
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<strong>Nigeria Stablecoins And ICOs Legal Framework In The Pipeline. </strong>
Posted inNEWS Regulations Stablecoins

Nigeria Stablecoins And ICOs Legal Framework In The Pipeline. 

Posted by By Ekenedilichukwu 10/01/2023
 Nigeria Central Bank has declared its readiness to accept the existence of private stablecoins as…
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Crypto Market Rate Update For Saturday, 24th September, 2022: Naira to USD (USDT).
Posted inPrediction Markets Price Analysis Stablecoins

Crypto Market Rate Update For Saturday, 24th September, 2022: Naira to USD (USDT).

Posted by By Ekenedilichukwu 24/09/2022
Saturday, 24th September, 2022, updated rates on USD – USDT and other most popular cryptocurrencies…
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Crypto Market Rate Update For Friday, 23rd September, 2022: Naira to USD (USDT).
Posted inPrediction Markets Price Analysis Stablecoins

Crypto Market Rate Update For Friday, 23rd September, 2022: Naira to USD (USDT).

Posted by By Tony Chimdiuto 23/09/2022
Friday, 23rd September, 2022, updated rates on USD – USDT and other most popular cryptocurrencies…
Read More
CBDC: e-Cedi Will Not Affect MTN MoMo Vendors’ Business, says Bank Of Ghana
Posted inEconomy Features Fintech NEWS Stablecoins

CBDC: e-Cedi Will Not Affect MTN MoMo Vendors’ Business, says Bank Of Ghana

Posted by By Tony Chimdiuto 25/08/2022
The Bank of Ghana has assured citizens that the e-cedi, the country's central bank digital…
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East African Central Banks Raise Doubts on Regional CBDC by 2024
Posted inEconomy Features NEWS Regulations Stablecoins

East African Central Banks Raise Doubts on Regional CBDC by 2024

Posted by By Tony Chimdiuto 24/08/2022
The East African currency project in 2024 collapsed after the EAC Council of Ministers, the…
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