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Latest Stablecoin News and Insights | Yellow
Trust Yellow.com for the latest and most reliable Stablecoin news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Stablecoin trends and market movements.
News
Tether and Bitfinex Accused of Pumping Unbacked USDT Into the Market, Case Filed in NYC
Jul 18, 2024
Tether and Bitfinex are in hot water again. The stablecoin issuer and crypto exchange are targets of a fresh class action lawsuit. The suit alleges market manipulation and antitrust violations. The case was filed in New York. It's a slimmed-down version of an ongoing legal battle. The plaintiffs are
Tether Taps Chainalysis Veteran to Demystify USDT Usage
Jul 15, 2024
Tether, the company behind the world's largest stablecoin, is upping its transparency game. They've just brought on Philip Gradwell as head of economics. Gradwell, previously the chief economist at Chainalysis, will be crunching numbers on USDT usage. His main job? Explaining USDT's role to regulato
Argentina Offers Tax-Free Crypto Declaration, But There's a Catch
Jul 15, 2024
The Argentine government has introduced new measures for cryptocurrency holders. Citizens can avoid certain taxes by declaring their digital assets. The move aims to bring crypto into the financial mainstream, and might be seen as a part of wider crypto adoption and overall economy liberalization. T
SEC Abandons Paxos Investigation, Rules BUSD Not a Security
Jul 12, 2024
The U.S. Securities and Exchange Commission (SEC) has called off its probe into stablecoin-issuer Paxos. This move signals a win for the crypto world. It suggests the regulator no longer views stablecoins as securities. Fortune broke the news. The decision could reshape the crypto landscape. It migh
Circle Launches Euro-Backed Stablecoin on Base Network
Jul 11, 2024
Circle has introduced its euro-backed stablecoin, EURC, on the Base network. This move expands EURC's native availability beyond Avalanche, Ethereum, Solana, and Stellar. It's a first for Base. EURC is now accessible on an Ethereum layer-2 network in native form. Previously, layer-2s only used deriv
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