Tether Partners With Georgia Government to Launch GELT Stablecoin
In recent developments, tether plans to introduce GELT, a Georgian lari-backed stablecoin developed with support from the Georgian government. The initiative positions Georgia among the first countries to integrate a…
With Central Bank’s Blessing, Georgia Taps Tether for ‘Official’ Stablecoin
In recent developments, tether plans to issue a stablecoin in Georgia with support from the country’s government, marking a new frontier for the crypto giant. Looking closer, market participants highlight…
Tether, Georgia plan lari-backed stablecoin GELT under new rules
In recent developments, georgia’s central bank released stablecoin rules in March covering reserve backing, issuer documents and external auditor verification. Looking closer, market participants highlight key drivers such as liquidity…
UAE-linked ADI Chain gains Ledger support amid stablecoin growth
In recent developments, the integration gives ADI token holders access to Ledger’s self-custody platform as ADI Chain expands its stablecoin and tokenized asset network. Looking closer, market participants highlight key…
IHC Executes $30M DDSC Stablecoin Trade as UAE Digital Payments Enter New Phase
In recent developments, international Holding Company recently executed a $30 million transaction using the new United Arab Emirates dirham-backed stablecoin. Major Institutional Transaction Executed The Abu Dhabi-based global investment company,…
Sui to Make All Stablecoin Transactions Private by Default in Massive Update
In recent developments, adeniyi Abiodun, co-founder of Mysten Labs, stated that this new feature will allow users to leverage Sui’s network without announcing their holdings to the whole internet. He…
MiCA Compliant Euro Stablecoin Depegs to $0.85 After 1-of-3 Multisig Exploit …
In recent developments, malta-based stablecoin issuer StablR suffered a security incident on Sunday, after an attacker exploited a weak multisig configuration to mint millions of unbacked EURR and USDR tokens…
Tether’s $141 billion Treasury pile reveals the stablecoin risk now embedde…
In recent developments, there’s a huge contradiction sitting at the center of modern American finance. The same industry regulators tried to isolate from the mainstream financial system has become one…
FDIC Board Advances Proposed Bank Secrecy Act Rule for Stablecoin Issuers
In recent developments, the FDIC advanced a proposed rule that would set Bank Secrecy Act and sanctions compliance standards for bank-linked stablecoin issuers. The measure would apply to FDIC-supervised stablecoin…
Top 5 Stablecoins Capture Nearly 90% of Sector as Market Contracts This Week
In recent developments, over the last seven days, the stablecoin sector posted a slight contraction of $90.01 million, bringing the market’s total valuation to $323.052 billion, according to figures compiled…
