Reading Time: < 1 minute A court in New York has ordered Tether Limited to provide financial documents.

Reading Time: < 1 minute Stablecoins are impractical as a payment method, and their current form is not suitable for use in the real economy.

Reading Time: < 1 minute Jeremy Allaire has unveiled the details of how the company’s stablecoin, USD Coin (USDC), works.

Reading Time: < 1 minute USDT issuer Tether has said the negative events surrounding the project has not affected the financial stability of the USDT.

Reading Time: < 1 minute Tether, the issuer of the stablecoin USDT, has announced it will launch Tether tokens (“USDt”) on the Tezos blockchain.

Reading Time: < 1 minute The Japanese parliament has just passed a bill aimed at regulating stablecoins in the country following the recent collapse of the TerraUSD stablecoin.

Reading Time: < 1 minute Orbital Command has noted the rollout of the DEX should be followed by the launch of the stablecoin.

Reading Time: < 1 minute Tether, the issuer of USDT has launched the MXNT stablecoin, which is pegged to the Mexican peso.

Reading Time: < 1 minute The recent collapse of Terra has cost blockchain company Hashed $3.5 billion in losses.

Reading Time: < 1 minute The UK Treasury plans to include the regulation of stablecoins as a payment mechanism in the Financial Services and Markets Bill.

Reading Time: < 1 minute Angry investors are wondering where Terraform Labs CEO Do Kwon is and have called for his arrest.

Reading Time: < 1 minute Circle has agreed new terms for a reverse merger deal with SPAC Concord Acquisition Corp.

Reading Time: < 1 minute Facebook, which has recently renamed to Meta, announced in 2019 the development of its own fiat-backed digital currency.