Latest News for Stablecoins

Stablecoin giant Tether aims to raise up to $20 billion, potentially catapulting its valuation near half a trillion dollars and solidifying its position among the world's top private companies.

Plasma One aims to simplify stablecoin use, targeting financial inclusion in emerging markets with its new platform.

Kaia, LINE Next, and Kakao unite to launch a regulatory-compliant stablecoin platform across Asia, integrating payments, DeFi, and cross-border transfers.

YZi Labs increases its investment in the stablecoin project as USDe's supply surpasses $13 billion, marking a significant milestone in the synthetic dollar's growth.

USDC issuer Circle launches Arc, a Layer-1 blockchain designed to optimize stablecoin applications and address institutional adoption challenges.

Bank of Canada emphasizes the need for strong regulatory frameworks as stablecoins gain traction in the payments landscape.

PayPal's PYUSD aims for wider adoption with LayerZero integration, but faces uphill battle against established stablecoin giants.

BDACS and Woori Bank pioneer KRW1, a fully regulated stablecoin pegged to the South Korean Won, leveraging Avalanche's high-performance blockchain.

Tether launches USAT to comply with U.S. regulations, potentially reshaping the stablecoin landscape.

Israeli authorities target crypto addresses purportedly used by Iran's Islamic Revolutionary Guard Corps, raising concerns about sanctions evasion through digital assets.