stablecoins Archives - New World Finance

Bakkt Reshapes Its Strategy, Drops Custody Business, and Names New Co-CEO

March 20, 2025
Posted by: newworldfinance
Category: Crypto, Cryptocurrency Markets

Bakkt is pivoting away from its custody business to focus on institutional crypto infrastructure, appointing a new co-CEO and emphasizing trading, liquidity services, and stablecoin payments as it adapts to shifting market dynamics and regulatory challenges.

Ethereum’s Stablecoin Dominance Expands as USDC and USDT Lead $850B in Volume

March 19, 2025
Posted by: newworldfinance
Category: Crypto

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Ethereum’s stablecoin dominance continues to expand as USDC and USDT drive an impressive $850 billion in transaction volume, solidifying Ethereum’s role as the leading blockchain for digital dollar settlements.

Cardano Community Frustrated Over Missed Stablecoin Opportunities

January 14, 2025
Posted by: newworldfinance
Category: Crypto

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The absence of major stablecoins like USDC and USDT on the Cardano (ADA) blockchain has sparked renewed debate among its community.

Tether Relocates to El Salvador Amid Growing Crypto Ties

January 14, 2025
Posted by: newworldfinance
Category: Crypto

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Stablecoin issuer Tether has announced plans to move its headquarters and subsidiaries to El Salvador, following its acquisition of an operating license as a digital asset service provider and stablecoin issuer in the country.

Do Kwon Pleads Not Guilty in U.S. Court Over Terra Luna Collapse

January 3, 2025
Posted by: newworldfinance
Category: Crypto

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Do Hyeong Kwon, the controversial South Korean entrepreneur behind the collapsed Terra Luna ecosystem, has pleaded not guilty to a recently unsealed indictment in his first U.S. court appearance. Known by some as “the crypto king,” Kwon was extradited from Montenegro earlier this week to face charges in Manhattan federal court.