Articles for tag: crypto adoption, Cryptocurrency, SEC approval, Stablecoins, Thailand, USDC, USDT

Market News

Thailand’s SEC Approves Tether USDT and Circle USDC for Trading on Regulated Exchanges

Thailand’s Securities and Exchange Commission has approved Tether’s USDT and Circle’s USDC stablecoins for trading on regulated exchanges, effective March 16. This move expands Thailand’s list of approved cryptocurrencies, which previously included Bitcoin and Ethereum, reinforcing the acceptance of stablecoins in the country. Tether is committed to complying with local regulations and enhancing its services ...

Market News

Aston Martin Elevates Maaden as First F1 Principal Partner for Enhanced Brand Collaboration and Racing Innovation

The Aston Martin Formula One team has announced an expanded partnership with the Saudi mining company Maaden, making it their first principal partner. This collaboration aims to enhance brand visibility through trackside content and digital campaigns, while also focusing on educational initiatives and regional promotion for Saudi Arabia. Additionally, Aston Martin has partnered with Coinbase, ...

Market News

Stablecoin Market Surpasses $200B, Instilling New Optimism in the Cryptocurrency Sector

The Market capitalization of stablecoins has reached a historic $200 billion, indicating potential growth in the cryptocurrency Market, as reported by CryptoQuant. Stablecoins are digital currencies linked to assets like the U.S. dollar, helping traders preserve their investments during asset exchanges. In just a few months, the total Market cap for stablecoins increased by $37 ...

Market News

Circle Acquires Hashnote: Strengthening USDC with Stablecoin Innovation and Growth

Circle has acquired Hashnote, the issuer of the USYC stablecoin, which is backed by Cumberland Labs. This acquisition enables Circle to integrate USYC with their USDC stablecoin, enhancing its use as yield-bearing collateral in crypto exchanges and with custodians. Circle’s CEO, Jeremy Allaire, emphasized that this move marks a significant step in the stablecoin Market, ...

Market News

Coinbase Introduces Bitcoin-Backed Loans: Borrow Up to $100,000 in USDC Securely and Easily

Coinbase has introduced a new Bitcoin-backed loan service, allowing U.S. users to borrow up to $100,000 in USD Coin (USDC) without selling their Bitcoin. This service, available to most U.S. residents (excluding New York), operates on Coinbase’s Ethereum layer-2 network. Borrowers must over-collateralize their loans, converting their Bitcoin into a token called Coinbase Wrapped Bitcoin ...

Market News

Streamline Contractor Payments: Partnering Remote with Stripe for Cryptocurrency Solutions

Remote, a leading global HR and payroll platform, has partnered with Stripe to enable businesses to pay their contractors in stablecoins, such as USDC, across 69 countries. This feature is currently available to U.S.-based customers, offering a fast and secure payment option that enhances contractor management. As more companies seek global talent and flexible workforce ...

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