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Plasma, a cryptocurrency startup focused on developing a Bitcoin-based blockchain tailored for stablecoins, has successfully raised $20 million in funding to advance its developmental stages. This financial boost, announced by the company on Thursday, is led by Framework Ventures and will facilitate

In the wake of new EU regulations under the Markets in Crypto-Assets (MiCA) framework, Tether, the issuer of the USDT stablecoin, faces delisting on major European exchange platforms. This has already led to Coinbase removing USDT last December, with Crypto.Com following suit amid regulatory pressur

Coinbase CEO Brian Armstrong prognosticates that imminent US stablecoin regulations could mandate issuers to back their dollar-pegged tokens entirely with US Treasury bills. Such a requirement may complicate operations for offshore entities aiming to serve the US market. In a discourse with The Wall

In a strategic and a rather surprising move, the largest stablecoin issuer, Tether, has announced its relocation to El Salvador, capitalizing on its recent acquisition of a Digital Asset Service Provider (DASP) license in the country. This relocation reflects Tether's commitment to advancing global

The stablecoin sector is experiencing unprecedented growth, marking a remarkable transformation from its humble beginnings. These digital tokens, primarily pegged to the U.S. dollar, have reached a historic market capitalization of $206 billion, representing a stunning 57% growth in 2024 alone. Indu