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Stablecoin
Dragonfly, Arthur Hayes Back $6M Round for New Stablecoin, Ethena
The Portugal-based startup also plans to launch a bond token built on the stablecoin platform in the third quarter of 2023.

Gnosis Lets Crypto Users Make Everyday Purchases From Wallets With Visa
The crypto-based debit card will allow web3 users to use their stablecoins to pay for products in everyday life.

Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation
Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13

Circle Trims Workforce Slightly to Maintain 'Strong Balance Sheet'
Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday. While some departments were subject to layoffs, the stablecoin issuer said it will continue to hire in other areas. "The Hash" panel weighs in on the lingering effects of crypto winter, along with Circle considering issuing a stablecoin in Japan.

Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TUSD Poses Risk: Kaiko
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.

It's Time for a Euro Stablecoin
The European Union's landmark Markets in Crypto Assets (MiCA) regulations provide much needed clarity for digital assets in Europe, setting the stage for a bloc-wide stablecoin.

Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle is considering issuing a stablecoin in Japan, given that legislation governing stablecoins took effect on June 1, the payment services company's co-founder and CEO Jeremy Allaire said. CoinDesk Executive Director of Global Content Emily Parker breaks down the details.

Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.

Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela
The approval does not absolve Rpay of its compliance duties, but does eliminate growing regulatory risks, the company said.

UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.
