Yugocean Stablecoin

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Sony to accept USDC payments via cryptocom

2 Apr 2025 1 minute read 0 comments Yugocean

Sony + CryptoCom + USDC      Singapore-based Sony Electronics has made its first foray into direct cryptocurrency transactions for goods and services by partnering with Crypto.com. Consumers can now make payments in USDC through Sony's online store v...

Stablecoin Bill in USA: Infighting between lawmakers

1 Apr 2025 1 minute read 0 comments Yugocean

     We know that the will of the lawmakers is the law, and Stablecoin is enjoying the Infighting between lawmakers while they are trying to regulate stablecoins in the US.   Infighting      The Stablecoin Bill in the US is currently a topic of d...

Tether CEO Paolo Ardoino wants a full audit of Tether reserve

24 Mar 2025 1 minute read 3 comments Yugocean

     Tether, the firm that used to create a billion tokens out of thin air, is suddenly keen to have a full audit of its reserves. Let’s dig a little deeper:     Prepared for the audit      Tether CEO Paolo Ardoino has stated that obtaining a full au...

Anzen Finance's USDZ stablecoin depegged

12 Mar 2025 1 minute read 2 comments Yugocean

     Anzen Finance's USDZ stablecoin has recently experienced depegging, placing it on the list of unstable stablecoins. Let’s explore the reasons behind this:       Why did an encouraging project fall?      Anzen Finance allows users to stake and ea...

Trump for stablecoins to counter the de-dollarization

31 Jan 2025 1 minute read 4 comments Yugocean

     Trump is prepared to combat the escalating threat posed by de-dollarization. DYOR on this, and according to my research, Trump is battling this—of course, with the cryptoverse's assistance.    Trump for Dollar dominance via stablecoin      D...

EU exchanges are listing and delisting stablecoins for MiCA

31 Dec 2024 1 minute read 11 comments Yugocean

     The centralised exchanges in Europe are listing and delisting stablecoins to comply with MiCA requirements.     Delisted Stablecoins      Those that cannot comply with MiCA are delisted. Main stablecoins that are delisted: Centralised stab...

Stablecoins in Action

17 Dec 2024 1 minute read 2 comments Yugocean

     Stablecoins have been seeing increasing utility for some time, with their digital and borderless nature allowing them to reach areas where CBDCs were once thought to be needed. Projects are Welcome      While talking about CBDC, people understan...

USDC is discontinuing on the TRON blockchain

21 Feb 2024 1 minute read 1 comment Yugocean

     Circle's USDC, the crypto world's second-largest stablecoin, will discontinue unpopular Justin Sun's popular Tron network.       So Long Tron      Circle has announced that its USDC will cease the Tron blockchain. Users are told to move thei...

The unsolved mystery of the Billion Dollar Tether Empire

29 Jan 2024 1 minute read 0 comments Yugocean

     Tether is the largest stablecoin provider in the crypto world and is currently in the news for its incredible minting of USD-based stablecoin USDT.   Minting out of thin air?      Today, Tether again created one billion USDT tokens, this time...

UK is preparing new crypto regulations for stablecoins: Part 2

7 Nov 2023 1 minute read 8 comments Yugocean

UK is preparing new crypto regulations for stablecoins: Part 1      The BoE and the FCA have put forward a stablecoin regulatory proposal covering payment systems and are seeking public feedback. Need for regulation      The financial stability of...