Stablecoin

Ripple has initiated beta testing of its US Dollar-backed stablecoin, Ripple USD (RLUSD), on both the XRP Ledger (XRPL) and Ethereum mainnets. In an official X post on August 9,...

Recent investor activity suggests a return of confidence in the cryptocurrency market after a few days of significant panic. On-chain data from multiple platforms reflect an influx of capital, especially...

Shiba Inu (SHIB) has shown a strong recovery in its price, with the SHIB/USDT pair surging sharply after a significant dip. This rapid rise has caught the attention of many...

Ripple released an exclusive webpage for its stablecoin RLUSD, which has not yet been launched. The webpage release showcases Ripple’s efforts to establish RLUSD’s roots in the stablecoin market. Despite...

Data analyst Joao Wedson has identified a correlation between the USDT transaction volume on the TRON network and Bitcoin prices. In a post on Cryptoquant, Wedson explained how USDT correlates...

Wall Street is diving deeper into tokenization, transforming real-world assets into digital tokens on the blockchain. But there’s a catch: should they venture into the “Wild West” of decentralized finance,...

Reflexer Finance, the team behind RAI, the first non-pegged stable asset backed solely by Ethereum (ETH), recently solicited suggestions from the community on desired changes for a second version of...

Terra Luna Classic, the crypto firm behind the Terra stablecoin collapse, has set a deadline of August 21st for community members to file claims related to their crypto losses. This...

The Bank for International Settlements (BIS), through the Basel Committee on Banking Supervision, has announced targeted amendments to its crypto asset standards. These amendments prioritize stablecoins issued on permissioned blockchains...

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) announced its upcoming release of the stablecoin consultation report results. This move is part of the region’s effort to draft legislative...

Prominent stablecoin issuer Tether has frozen a TRON wallet, TNVaKW, containing $29.62 million in USDT tokens, suspected to be linked to criminal activities and crypto money laundering. This action took...

Hong Kong authorities are reportedly gaining experience in handling crimes involving cryptocurrencies. According to a recent report, authorities in Hong Kong thwarted a kidnapping attempt where the kidnappers demanded a...

Bankrupt crypto exchange FTX and its affiliated trading firm Alameda Research have transferred $2.5 million in stablecoins to crypto market makers Wintermute and Cumberland. Blockchain security platform PeckShield identified the...

Russia is exploring the legalization of stablecoins for international payments, a move aimed to circumvent Western sanctions and bolster its economic ties with non-Western partners. This policy shift, reported by...

Binance, the world’s leading cryptocurrency exchange, has doubled down on its support for USD Coin (USDC) in the European market after Circle, the issuer of USDC, became the first major...

Stablecoins have overtaken Bitcoin in popularity among Latin American crypto users, according to a new report from research firm, Kaiko. This trend, observed across seven major exchanges, highlights a growing...

Anthony Pompliano, known for his outspoken views on Bitcoin, suggests stablecoins could address the escalating U.S. debt crisis by providing a reliable and expanding source of demand for U.S. treasuries....

MartyParty, a prominent figure in the crypto space, predicted a potential stablecoin explosion following the implementation of the phenomenal MiCA stablecoin rules. In his latest X post, MartyParty reiterated the...

In a recent analysis, the host of the AllinCrypto channel argued for Ripple’s potential to dominate the U.S. market, envisioning a future where the firm achieves unicorn status akin to...

Jeremy Allaire, the CEO of Circle, the company behind the popular stablecoin USD Coin (USDC), has made a bold prediction: stablecoins will become globally recognized as “legal electronic money” by...

American fintech firm Ripple recently confirmed plans to launch a new stablecoin, RLUSD, on both the XRP Ledger and the Ethereum main chain. The company cited the growing demand for...

Former Speaker of the House Paul Ryan has made a strong call for U.S. lawmakers to promote dollar-backed stablecoins to enhance the attractiveness of U.S. debt in international markets.  In...

Ripple, the blockchain payments company behind XRP, has announced the upcoming launch of its own stablecoin, dubbed RLUSD (Real USD). The announcement came during the XRP Ledger Apex summit, where...

Binance, the world’s largest cryptocurrency exchange by trading volume, is implementing new Markets in Crypto-Assets (MiCA) stablecoin rules across the European Economic Area (EEA). The MiCA rules, effective June 30,...

JackTheRippler shows confidence in Ripple’s proposed stablecoin. he RLUSD will be pegged 1:1 by the U.S. Dollar. The influencer believes the stablecoin would make XRP the bridge to other digital...