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PNC Bank tests turning USDC payments into dollar deposits: PNC Bank expands its Coinbase partnership with a USDC payment service on Ethereum ...
ct.com/news/pnc-bank-launches-usdc-payment-pilot-coinbase

Samsung Wallet users can now send USDC on Solana: Solana’s stablecoin push reaches everyday phone owners with a new Samsung Wallet feature built for sending ...
thestreet.com/crypto/markets/samsung-wallet-users-can-now-send-usdc-on-solana

Can Crypto Disrupt The $7 Trillion Foreign Exchange Market? This Startup Has A Stablecoin Plan
forbes.com/sites/digital-assets/2025/04/02/can-crypto-disrupt-the-7-trillion-foreign-exchange-market-this-startup-has-a-stablecoin-plan/

Ripple’s Stablecoin Is Coming, Going Against US Dollar-based Crypto Like Tether, USDC
techtimes.com/articles/303298/20240405/ripple-stablecoin-coming-going-against-dollar-based-crypto-tether.htm

PayPal is trying to drag its 435 million users into the $120 billion stablecoin market — here's why
cnbc.com/2023/08/08/paypal-crypto-chief-jose-fernandez-da-ponte-on-battling-tether-usdc.html
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data: Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web3 news with ...
coindesk.com

New York regulator orders Binance stablecoin backer to stop issuing token: New York's chief financial regulator said on Monday it has ordered the firm behind ...
reuters.com/technology/binance-stablecoin-backer-ordered-stop-issuing-token-binance-ceo-2023-02-13/
Key FactsAave Community Considers Freezing Binance Stablecoin Due to SEC Pressure
Apr 11, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- Oliver Knight is a CoinDesk reporter who divides his time between London and Lisbon.
- After the Securities and Exchange Commission sued the token's issuer, Paxos, on Monday, members of the Aave community are considering freezing Binance's BUSD stablecoin on the platform.
- CoinDesk is a wholly owned operating subsidiary of
- Certain CoinDesk employees, including editorial staff, may receive exposure to DCG equity as part of their compensation.

Who is Changpeng Zhao, the chief executive of Binance?: The qualities that have made crypto’s Teflon Man a success could soon land him in trouble
economist.com/the-economist-explains/2022/11/16/who-is-changpeng-zhao-the-chief-executive-of-binance

Coinbase CEO calls for more regulation of centralized crypto platforms: Coinbase's Brian Armstrong says centralized firms like crypto exchanges, custodians ...
markets.businessinsider.com/news/currencies/coinbase-ceo-brian-armstrong-more-regulation-of-centralized-crypto-platforms-2022-12

Binance CEO Zhao brushes off $2.1 billion FTX clawback concerns: Binance CEO Changpeng "CZ" Zhao brushed off questions about whether the exchange would be able ...
cnbc.com/2022/12/15/binance-ceo-changpeng-cz-zhao-brushes-off-2-billion-ftx-clawback-concerns-fraud.html

Only 1% of people can handle crypto self-custody right now: Binance CEO: Binance CEO Changpeng Zhao thinks only 1% of the population can adequately manage ...
cointelegraph.com/news/only-1-of-people-can-handle-crypto-self-custody-right-now-binance-ceo

From JP Morgan To Goldman Sachs: Analysts Predict Indian Stock Market's Performance For 2023
indiatimes.com/worth/news/binance-nearly-2-billion-dollar-crypto-withdrawals-in-24-hours-587575.html

Crypto exchange Binance freezes withdrawals of stablecoin USDC as rattled investors pull $2 billion in funds
finance.yahoo.com/news/crypto-exchange-binance-freezes-withdrawals-114002266.html

Tether vs. USD Coin on-chain data reveals two very different stablecoins: Demand for Tether tokens has dropped amid the FTX-led crypto market meltdown ...
cointelegraph.com/news/tether-vs-usd-coin-on-chain-data-reveals-two-very-different-stablecoins

Collapse of FTX should serve as reminder of risks of crypto assets, ECB's De Cos says
reuters.com/technology/collapse-ftx-should-serve-reminder-risks-crypto-assets-ecbs-de-cos-says-2022-11-16/
Key FactsBefore the fall of FTX, the founder invested millions in pandemic preparedness.
Apr 19, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- Protect Our Future, a political action committee supported by the Bankman-Fried brothers, spent over $28 million this congressional cycle on Democratic candidates "who will be champions for pandemic prevention," according to the group's website.
- "It's completely reasonable skepticism," one of Bankman-Frieds' pandemic advisers stated.
- The majority of the brothers' public health initiatives have now come to a halt.
- Michele Barry, the Stanford center's director and a global health expert, said Sam Bankman-Fried contacted her seeking assistance on how to have an impact on pandemic prevention.

FTX scrambles for funds as regulators take action: Regulators froze some assets of distressed cryptocurrency exchange FTX and industry peers raced to limit ...
reuters.com/business/ftx-scrambles-funds-regulators-take-action-2022-11-11/

A stablecoin's rise in market share has ignited the ‘Second Great Stablecoin War’
cointelegraph.com/news/a-stablecoin-s-rise-in-market-share-has-ignited-the-second-great-stablecoin-war

Binance to convert users' USD Coin into its own stablecoin: Binance, the world's largest crypto exchange, said on Monday it will automatically convert user ...
reuters.com/technology/binance-convert-users-usdc-into-its-own-stablecoin-2022-09-05/

Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin's backing
cnbc.com/2022/05/17/tether-usdt-redemptions-fuel-fears-about-stablecoins-backing.html
Key FactsAfter Failing to Defend UST Peg, Luna Foundation Guard 80,000 Bitcoin Lighter
Apr 29, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- In a tweet thread, the Luna Foundation Guard has finally revealed the status of its reserves.
- Almost $50 million in USDT and USDC have also vanished, presumably to defend the UST peg.
- It exchanged its UST reserves for LUNA " to protect against a possible governance attack."
- Analysts questioned if LFG had utilized its BTC reserves to preserve the UST peg, as pledged during the depegging.

Regulators are growing anxious about stablecoins after Terra’s stunning collapse: U.S. Treasury Secretary Janet Yellen has urged Congress to approve federal ...
cnbc.com/2022/05/13/regulators-anxious-about-stablecoins-like-tether-after-ust-collapse.html
Key Facts
Apr 29, 2023 · Reading time: ~10 sec.
Summary created with AI assistance
Summary created with AI assistance
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