BUSD (BUSD) news

Stablecoin issuer Paxos acquires Fordefi, bolstering its crypto custody and wallet offering

Quick Take Fortune reported Paxos’ second acquisition of the year was for more than $100 million. Fordefi offers an institutional-grade multi-party computation (MPC) wallet solution that reportedly safeguards over $120 billion in monthly transaction volume.

Two Blockchain Infrastructures Bid To Launch Hyperliquid’s USDH Stablecoin

Decentralized exchange Hyperliquid’s plan for a USDH stablecoin has attracted competing interests from Paxos and Frax Finance.

Bitcoin News Today: Tether’s Bitcoin Gambit: Bridging Stability and Scalability with RGB

- Tether expands USDT to Bitcoin's RGB protocol, enhancing flexibility without compromising dollar peg. - The stablecoin market, led by USDT (50%+ share), targets $300B TVL as DeFi and cross-border use grow. - RGB's off-chain transactions cut fees and boost Bitcoin's DeFi integration, attracting liquidity. - The move could spur cross-chain deployments, aligning with blockchain interoperability trends. - Regulatory scrutiny grows over Tether's reserves and Bitcoin integration.

Stablecoin Reserves on Exchanges Hit $68B While Supply Growth Slows

Despite record exchange levels, stablecoin supply growth has slowed, with just $1.1 billion added since November 2024 versus $4–$8 billion in earlier months.

Unveiling the Epic 234 Million USDC Burn: A Deep Dive into Stablecoin Dynamics

Ethereum Stablecoins Witness Record-Breaking Surge in Weekly User Activity

Ethereum-based stablecoin adoption hits fresh all-time high with over 750,000 unique weekly users — a new all-time high

Paxos Labs Revolutionizes Institutional DeFi Access

U.S. Bancorp Strategically Explores Stablecoin Opportunity for Payments

Crypto card issuer Weld Money shuts down amid Ukraine war restrictions

Share link:In this post: • Ukrainian cryptocurrency card provider Weld Money is closing down. • Crypto firm cites military and regulatory restrictions as the reason to end operations. • Weld Money joins a growing group of crypto companies giving up business in war-torn Ukraine.

$31M recovered from 2021 Uranium Finance crypto hack

BenPay launches the world's first on-chain red envelope, empowering a new era of multi-currency payments globally

BenPay announced the launch of the world's first on-chain red envelope feature, bringing a new decentralized payment and social interaction method to users worldwide.

Binance Files Motion to Dismiss SEC’s Amended Complaint

Binance challenges SEC’s lack of regulatory clarity, leaving crypto assets undefined. Binance highlights SEC’s inconsistent approach, referencing recent decisions on Ether. With the discovery phase closed, Judge sets deadlines for next steps as Binance monitors the case.

Paxos Issues Regulated Dollar-Pegged Stablecoin USDG

Paxos CEO urges Harris and Trump to create pro-crypto regulations ahead of US election

Quick Take Paxos’ CEO sent a letter to presidential candidates Kamala Harris and Donald Trump on Tuesday. The CEO also criticized the current regulatory environment for crypto, calling it an “inhospitable place for financial innovation.”

Stablecoin expert Austin Campbell joins WSPN US as CEO to promote stablecoin innovation and expansion

Is UK Ready To Introduce Stablecoin Laws? Circle’s Head Of Policy Says Yes!

Gemini’s exit from Canada: What’s driving crypto exchanges out?

Unraveling the Collapse: How UST and Other Stablecoins Fell from Grace

Surge in USDT Holdings on Cryptocurrency Exchanges Signals Potential Market Activity

SEC Hit Crypto Firms With $4.7 Billion In Enforcement Actions In 2024, Over 3000% Surge from 2023

Ripple’s Top Lawyer Believes SEC Is Attempting To Deceive Judges With Repeated Use Of This One Term

SEC Warns it May Challenge FTX’s Stablecoin-Denominated Repayments Plan

FTX continues to explore various avenues to compensate creditors.

NBA star Jimmy Butler and BitBoy agree to pay $340,000 to settle class action lawsuit against Binance

Has the SEC Changed Its Mind About Solana? Is the SOL ETF Close? ETF Analyst Answered, Explained the Longest and Shortest Path to Approval!

ETF Store CEO Nate Geraci and some analysts argued that the SEC's change in the Binance case did not affect Solana and the ETFs.

State Street looks to create its own stablecoin: Bloomberg

Quick Take State Street is looking for ways to get involved in settling payments on the blockchain and is also considering creating a deposit token, Bloomberg reported. State Street has delved into crypto in the past. In 2021, the firm set up a new unit to focus on digital assets.

Stacks Celebrates as SEC Ceases Investigation Efforts

SEC drops its probe into Hiro's Stacks Blockchain, according to a regulatory filing

Quick Take The SEC has dropped its investigation into Hiro’s Stacks Blockchain, according to a regulatory filing posted on Friday. The SEC also dropped a separate investigation against Paxos following a probe into stablecoin Binance USD.

Breaking SEC Drops Probe into Paxos, Signaling Stablecoins May Not Be Securities

The US SEC finally let Paxos go. Has BUSD become a victim of the policy struggle?