stablecoin
More News
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New York regulator orders Binance stablecoin backer to stop issuing token
Paxos says it would stop issuing new Binance USD, which is backed by traditional cash and US Treasury bills
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PayPal pauses stablecoin work amid regulatory scrutiny of crypto
PayPal had hoped to debut the stablecoin, which will be backed one for one by the dollar, in the coming weeks
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Small players lose faith in crypto after sell-off
The crypto market, known for its wild price swings, fell on Thursday to its lowest since Dec 2020
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TerraUSD backer says will compensate some users; bitcoin back below $30,000
The token's crash last week sent cryptocurrencies tumbling, a slide which resumed on Monday
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Big-tech's stablecoins may hurt privacy and innovation
Prospect of stablecoin being used by billions of people has galvanised central banks into putting together rules
