Tag: stablecoin
Hong Kong’s stablecoin issuer IDA raises $6m in spherical led by CMCC International and Hashed
Hong Kong-based agency IDA has secured $6 million in seed funding to speed up the launch of its first fiat-referenced…
Maker will be capable of remotely freeze its new USDS stablecoin
Maker, the group that has been issuing so-called stablecoin DAI since December 2017, has determined to introduce the flexibility to…
Maker Protocol rebrands to Sky, Dai stablecoin rebranded to USDS
Maker Protocol rebrands to Sky, renaming Dai stablecoin as Sky Greenback (USDS). MKR governance token upgraded to Sky (SKY) with…
PayPal companions with crypto financial institution Anchorage Digital to supply stablecoin rewards—regardless of murky authorized guidelines
When PayPal joined the stablecoin wars in August 2023 with its dollar-backed PYUSD, the crypto trade celebrated the doorway of…
Tether plans to launch Dirham-pegged stablecoin
Tether will launch a Dirham-pegged stablecoin in collaboration with Phoenix Group. New stablecoin will be part of USDT, EURT and…
PayPal’s PYUSD Stablecoin Approaches $1 Billion, Pushed by Solana Integration
PayPal’s resolution to increase its PYUSD stablecoin to the Solana blockchain is proving extremely profitable. The digital asset now ranks…
