Tag: Issuer
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin [...]
USDC Issuer Circle Says it ‘Awaits Clarity’ From FDIC on Silicon Valley Bank Collapse
USDC issuer Circle Internet Financial said late Friday it "awaits clarity" from federal banking regulators on the status of its deposits at Silicon Va [...]
Stablecoin Issuer MakerDAO Proposes Additional $750M U.S. Treasury Purchase
The decentralized autonomous organization behind the DAI coin previously purchased $500 million worth of notes and bonds.
www.coindesk.com [...]
Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
According to the Journal's report, Tether Holdings co-owner Stephen Moore pushed back against the use of fake sales invoices, saying "I would not want [...]
USDC issuer Circle to increase staff by up to 25% amid layoff season
USD Coin (USDC) issuer Circle plans to increase its workforce by 15-25% in 2023 amid a sea of layoffs across the industry, reported the Wall Street Jo [...]
Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure
The maneuver is a sign of investors exiting BUSD quickly. The $700 million redemption in a little more than a day represents some 6% of the total coin [...]
Stablecoin Issuer Tether's Reserves Partly Managed by Cantor Fitzgerald: WSJ
The Wall Street bond trading powerhouse is managing Tether's $39 billion bond portfolio, according to the report.
www.coindesk.com [...]
Stablecoin issuer Paxos reportedly probed by New York regulators
Paxos Trust Company — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) — is reportedly being investigated by the [...]
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
The New York Department of Financial Services is investigating crypto company Paxos, though the scope of the investigation is not yet clear.
www.coin [...]
Stablecoin Issuer Tether Reports $700M Profit for Q4 2022
Its assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued.
www.coindesk.co [...]
Stablecoin Issuer Circle Cancels Plan to Go Public
The firm had announced plans to go public in July of 2021.
www.coindesk.com [...]
USDC issuer Circle terminates SPAC merger with Concord
According to a new press release published on Dec. 5, USD Coin (USDC) issuer Circle announced the mutual termination of its proposed merger with speci [...]
Crypto stablecoin issuer Circle adds Apple Pay support
Circle, the issuer of the United States dollar-pegged stablecoin USD Coin (USDC), has added support for Apple Pay — with the intention of bringing the [...]
USDC Stablecoin Issuer Circle Says Businesses Can Accept Apple Pay
The addition will help crypto businesses by making it easier to take payments, the company said.
www.coindesk.com [...]
Stablecoin Issuer Circle Plays Down FTX, Alameda Exposure
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