Tag: Issuer
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI c [...]
Ride Hailing App Grab, USDC Issuer Circle to Start Web3 Wallets Pilot in Singapore
The Grab Web3 Wallet will be available to users of the ride hailing, food delivery and digital payments app in Singapore to use vouchers in non-fungib [...]
Jacobi spot Bitcoin ETF classed as ‘environmental investing’ by issuer
The first-ever spot Bitcoin exchange-traded fund (ETF) launched on the European market has been classed as an Article 8 fund by its issuer firm, Londo [...]
Stablecoin Issuer Tether (USDT) Stops Support for Bitcoin Layer Omni Citing Lack of Demand
"Over the years, the Omni Layer faced challenges due to the lack of popular tokens and the availability of USDT on other blockchains. This led many ex [...]
USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche
USD Coin (USDC) issuer Circle has released a beta version of a multi-party computation wallet (MPC) service, according to an Aug. 8 announcement. The [...]
USDC Issuer Circle Unveils Programmable Web3 Wallet to Make Crypto Payments Easier for Business
“This new platform marks the first step for Circle’s Web3 services as we work to ease common pain points for developers, remove friction from value ex [...]
Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly
Users can convert eUSD to peUSD, which aims to be friendlier for high-frequency traders – a term that describes a wide range of automated trading firm [...]
Stablecoin Issuer Circle Cuts Workers, Ends Certain ‘Non-Core’ Activities; Will Continue Hiring Globally
"To maintain our strong balance sheet, Circle is redoubling its focus on core business activities and execution,” a spokesperson for Circle told CoinD [...]
Canadian ETF Issuer 3iQ to Work With Coinbase to Offer ETH Staking
“While staying true to the investment objectives of the Funds, we believe that commencing ETH staking offers the best of both worlds to our investors [...]
Trader takes $4m short position on TrueUSD as issuer halts mints and redemptions
Following the issuer's decision to temporarily halt mints and redemptions through its banking partner, Prime Trust, a trader has taken advantage of th [...]
USDC Issuer Circle Restarts U.S. Treasury Purchases in BlackRock-Managed Stablecoin Reserve Fund
As of June 20, Circle added $2.2 billion of T-bills to the fund, while repos constituted some 90% of the fund’s $24.7 billion in assets, according to [...]
USDT issuer Tether responds to Chinese securities exposure reports
Stablecoin-issuer Tether has published a lengthy response to reports that the reserves of Tether (USDT), one of the largest stablecoins, once included [...]
Former CFTC Chairman Heath Tarbert Joins Stablecoin Issuer Circle as Chief Legal Officer
The appointment comes as a House committee weighs a stablecoin bill that would appoint the Federal Reserve as crypto issuers’ primary regulator, and i [...]
USDC Issuer Circle Receives Digital Token License in Singapore
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New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
While the biggest stablecoins, Tether’s USDT and Circle Internet Financial’s USDC, are backed by conventional assets like U.S. Treasurys, those backed [...]