So investors hesitate to invest in crypto because of the fluctuations.If you are one of them, Stablecoin is the answer.Stablecoins are a cryptocurrency without volatility.They share the same power as crypto but their growth is not that fast.They are just like the traditional currencies like USD etc.Read the latest update of the coin on CoinGape.The most trusted platform for blockchain and cryptocurrency news.
Stablecoin News [ Tether CEO Slams JPMorgan on Latest USDT Report And ‘Negative’ Outlook ](https://coingape.com/tether-paolo-ardoino-jpmorgan-usdt/) Amid registering record-breaking profits, USDT stablecoin issuer Tether has been expanding its market footprint recently.Earlier this week, Tether minted an additional $1 …[ Circle Collaborates with Celo Network to Expand USDC Issuance ](https://coingape.com/circle-collaborates-with-celo-network-to-expand-usdc-issuance/) Circle, the entity behind major stablecoins like USDC and EURC, has announced its decision to introduce its USD-pegged stablecoin on the Celo network.Notably, Celo, …[ Tether (USDT) Exchange Supply Jumps 4%, Is Market Correction Over? ](https://coingape.com/tether-usdt-supply-on-exchanges-jumps-4-is-market-correction-over/) The overall cryptocurrency market has witnessed fluctuations, marked by upward movements in Bitcoin (BTC) and other altcoins.
On Monday, Bitcoin surged to $43,500, driven by …[ Scam Alert: Crypto Hackers Steal $12 Mln SAVM, LINK, USDT, OP Tokens ](https://coingape.com/scam-alert-crypto-hackers-steal-12-mln-savm-link-usdt-op-tokens/) In a massive phishing scam, $12 million vanished from four victims within five days, exposing critical gaps in cryptocurrency security.
The prevalent use of create2, a …[ Crypto Firm Figure Seeks SEC Nod For Interest-Bearing Stablecoins ](https://coingape.com/crypto-firm-figure-tech-seeks-sec-nod-for-interest-bearing-stablecoins/) Blockchain and lending startup Figure Technologies Inc., led by former SoFi Technologies Inc.
CEO Mike Cagney, is aiming for approval from the U.S.SEC to launch …[ TrueUSD (TUSD) Depegs To $0.9712, Here’s Why ](https://coingape.com/trueusd-tusd-depegs-to-0-9712-heres-why/) TrueUSD (TUSD) recently experienced a significant de-pegging, plummeting to $0.9712 from its stable value.This comes after TUSD earlier dropped to $0.98.The root cause of …
[ Cantor Fitzgerald CEO Validates Tether (USDT) Reserves ](https://coingape.com/cantor-fitzgerald-ceo-validates-tether-usdt-reserves/) Howard Lutnick, the Chairman and CEO of American Financial Services firm, Cantor Fitzgerald has attested to the validity of Tether reserves.Lending Legitimacy to Tether …[ Morgan Stanley Expects Stablecoins To Back USD Amid De-dollarization Risks ](https://coingape.com/morgan-stanley-expects-stablecoins-to-back-usd-amid-de-dollarization-risks/) Morgan Stanley, a prominent financial institution, anticipates stablecoins to back the U.S.
dollar (USD) amidst concerns of de-dollarization.The report highlights the …[ TrueUSD Stablecoin Depegs As Whales Dump TUSD Amid Regulatory Woes ](https://coingape.com/trueusd-stablecoin-depegs-as-whales-dump-tusd-amid-regulatory-woes/) In a surprising turn of events, TrueUSD (TUSD), the stablecoin issued by TrustToken, has experienced a significant de-pegging, making it the first stablecoin of 2024 to face …[ Circle CEO Jeremy Allaire Predicts U.S.
Stablecoin Laws in 2024 ](https://coingape.com/circle-ceo-jeremy-allaire-predicts-u-s-stablecoin-laws-in-2024/) Jeremy Allaire, CEO of Circle, has indicated a strong likelihood of the United States passing significant legislation for the stablecoin sector in 2024.With a market …[ Binance Futures Launches Deposit And Trade USDC Campaign With $170K In Rewards ](https://coingape.com/binance-futures-launches-deposit-and-trade-usdc-campaign-with-170k-in-rewards/) As 2024 swings into gear and crypto volumes ramp up, Binance Futures has decided to throw its traders a bone in the form of $170,000 USDC in rewards.The generous promotional …[ Justin Sun Allegedly Moved 50Mn USDT to Binance Amid Market Drop ](https://coingape.com/justin-sun-allegedly-moved-50mn-usdt-to-binance-amid-market-drop/) Tron (TRX) founder Justin Sun has allegedly initiated a massive USDT transfer to Binance, the world’s leading cryptocurrency exchange.This move, involving millions of …[ Why is Tether (USDT) trending ? ](https://coingape.com/why-is-tether-usdt-trending/) Tether’s CEO, Paolo Ardoino, announced that the company’s USDT stablecoin had reached a remarkable market capitalization of $91.5 billion.
This surge underscores …
[ Tether And USDC To Face The Heat After Hong Kong’s Strict Stablecoin Regulation ](https://coingape.com/tether-and-usdc-to-face-the-heat-after-hong-kongs-strict-stablecoin-regulation/) Hong Kong recently proposed stringent regulations for stablecoins, signaling its ambitions to become a virtual asset hub.However, the recent development poses potential …[ TRON To Revolutionize Crypto Payments In Emerging Markets: Report ](https://coingape.com/tron-to-revolutionalize-crypto-payments-in-emerging-markets-report/) TRON DAO is fast emerging as a flag-bearer in the crypto payments landscape, as virtual assets make headway in breaking into emerging economies.These are the findings of the …[ Hong Kong Unveils Ambitious Regulatory Framework For Stablecoins ](https://coingape.com/hong-kong-unveils-ambitious-regulatory-framework-for-stablecoin/) In a significant move to regulate the burgeoning Hong Kong stablecoin market, the Hong Kong Monetary Authority (HKMA) the Financial Services, and the Treasury Bureau jointly …[ Tether CEO Explains ‘Authorized but Not Issued’ USDT Transaction ](https://coingape.com/tether-ceo-explains-authorized-but-not-issued-usdt-transaction/) On December 25th, Tether, the entity behind the world’s largest stablecoin, USDT, took a significant step to bolster its reserves.
CEO Paolo Ardoino confirmed that …[ TrueUSD (TUSD) Partners Top Accounting Firm To Enhance Transparency For Crypto Holders ](https://coingape.com/trueusd-tusd-partners-with-top-accounting-firm-to-enhance-transparency-for-crypto-holders/) In a notable initiative aimed at boosting transparency and building trust, TrueUSD (TUSD) has forged a partnership with Moore Hong Kong (MooreHK), a prominent accounting firm …[ Coinbase Introduces USD SWIFT Transfers in Singapore for Broader Crypto Onramp ](https://coingape.com/coinbase-introduces-usd-swift-transfers-in-singapore-for-broader-crypto-onramp/) Coinbase, a Nasdaq-listed cryptocurrency exchange, has expanded in the Singapore market by introducing United States Dollar (USD) transfers.
The exchange announced that …[ Circle Expands EURC Stablecoin to Solana Blockchain ](https://coingape.com/circle-expands-eurc-stablecoin-to-solana-blockchain/) Circle, a stablecoin issuer, has now expanded the reach of its euro-backed stablecoin, EURC, by integrating it into the Solana blockchain.This strategic move adds Solana to ….
