UAE real estate embraces stablecoins as Tether, Reelly Tech educate agents
Tether and Reelly Tech are teaming up to integrate USDT into real estate transactions in the UAE. The partnership aims to improve efficiency in real estate deals while educating agents on the practical applications of stablecoins. Reelly Tech, which connects over 30,000 real estate agents across the UAE and international markets, will collaborate with Tether […]
Capital continues to bleed out of BTC and ETH into stablecoins, no altseason in sight
According to Ali Martinez, capital is continuing to flow out of Bitcoin and Ethereum into stablecoins, with no clear signs of an upcoming altseason. In his recent post on X, on-chain data analyst Ali Martinez pointed out that capital is continuing to flow out of Bitcoin (BTC) and Ethereum (ETH) into stablecoins. He also noted […]
US wants to bring stablecoins onshore, Trump’s crypto czar says
Trump’s administration plans to regulate stablecoins and bring the market onshore, with a focus on US dollar-backed digital assets, according to crypto czar David Sacks. Source link
Stablecoins can secure U.S. dollar dominance: Trump’s crypto czar
David Sacks, Trump’s crypto czar, said stablecoins could potentially strengthen U.S. dollar dominance just hours after Senator Hagerty proposed the GENIUS Act. White House AI and crypto czar David Sacks hosted a press conference alongside other GOP officials to outline President Donald Trump’s vision for America’s digital asset landscape. Sacks stated that stablecoins, fiat-pegged dollars […]
Kraken to delist Tether USDT, 4 other stablecoins in Europe
Kraken will delist Tether’s USDT and four other stablecoins in Europe to comply with MiCA regulations, following a phased approach to minimize market disruptions. Source link
Thailand might explore stablecoins but no official confirmation yet
Phuket’s crypto sandbox is set for 2025, but new reports suggest Thailand’s government may also be quietly exploring stablecoins. On Jan. 30, reports emerged that Thailand’s Finance Minister, during a meeting with the Securities and Exchange Commission, revealed that the government is exploring the possibility of issuing stablecoins backed by government bonds, according to sources […]
US dollar stablecoins should be audited
Howard Lutnick, President Trump’s pick for U.S. Commerce Secretary, faced tough questioning from lawmakers over his ties to Tether and the alleged criminal use of its dollar stablecoin. Speaking at a Senate hearing to to evaluate his nomination, the Cantor Fitzgerald CEO responded to a wave of inquiries about Tether’s potential role in illicit finance. […]
Circle partners with Bison Digital Assets for MiCA-compliant stablecoins
Bison Digital Assets, a subsidiary of Portugal’s Bison Bank, has partnered with Circle to provide access to regulated stablecoins that comply with the European Union’s Markets in Crypto Assets framework. The partnership integrates Circle’s USD Coin (USDC) and Euro Coin (EURC) into BDA’s platform, allowing customers to use these stablecoins for deposits, withdrawals, and payments. […]
Bitcoin becomes 7th largest global asset, stablecoins and AI drive crypto in 2024: report
A new Binance report for December highlights bullish and notable trends in the crypto space as we enter a new year. The cryptocurrency market closed in 2024 with a record-breaking performance. Bitcoin (BTC) broke through $100,000, driven by regulatory optimism, bullish sentiment, institutional adoption, and technological innovation. Binance’s December Research Monthly Market Insight report highlighted […]
Bitcoin payments are being undermined by centralized stablecoins
The dream of a peer-to-peer electronic cash network has been realized… but with centralized stablecoins based on USD, dammit. Source link
