Stablecoin
Cardano Snubbed for Wyoming Stablecoin Project: Hoskinson Hints at Legal Action
Wyoming excludes Cardano and its Midnight project from its state-backed stablecoin development shortlist. Charles Hoskinson criticizes the process as opaque and potentially influenced by Ethereum…
Ripple and MCV Partner to Drive RLUSD Stablecoin Adoption
Ripple and Mercy Corps Ventures have expanded their partnership. The two companies will work towards the adoption of RLUSD stablecoin. Ripple has pledged a substantial…
Stablecoin Minting Hits Bullish Highs: A $127B Signal for Crypto Investors?
Matrixport confirmed that new money is flowing into the stablecoin market. The firm used the 7-day stablecoin minting indicator. More money is expected to flow…
Galaxy Digital Eyes BTC Dip? $30 Million Moved to Binance as Bitcoin Falls Below $90K
Galaxy Digital has transferred a massive 30 million USDT to Binance. Bitcoin has dropped 2.56% in the past 24 hours, losing the $90,000 price level.…
Stablecoin Market At $181B To Lay the Foundation for $100K Bitcoin?
Stablecoin supply rises to $181 billion, with $9 billion minted in the past month. Tether (USDT) minted $7 billion in November, increasing its market dominance…
Binance Launchpool Adds New Stablecoin, USUAL
Binance is to launch the USUAL token on November 19 with pre-market access. Users can farm USUAL tokens via BNB and FDUSD pools starting November…
Avalon Labs’ USDa Stablecoin Reaches 100M Supply, $200M in BTC Backing
Avalon Labs’ Bitcoin-backed stablecoin USDa has already reached 100 million supply. The recently launched stablecoin protocol has a TVL above $300 million. USDa provides floating…
Tether Injects $1.8B into Exchanges, Fueling Bitcoin’s Surge to $76K
Tether's injection of 1.845 billion USDT into exchanges on the Ethereum network may have contributed to Bitcoin's recent surge to a new all-time high of…
Global Dollar (USDG) Stablecoin Launched by Industry Giants
Paxos, Robinhood, Bullish, and more companies have debuted Global Dollar (USDG). The new USDG stablecoin has been built atop the Ethereum blockchain. DBS Bank has…
Stablecoins and Blockchain Drive Demand for US Treasuries: Report
Stablecoins are increasing demand for U.S. Treasuries, with $120 billion in collateral invested. Blockchain initiatives, like JPMorgan’s Onyx Platform, are revolutionizing Treasury operations and post-trade…
