Stablecoin

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...

In a significant development within the cryptosphere, a staggering 72 million USDT (equivalent to $71,968,932) has been transferred from Binance to the Tether Treasury, as tracked by Whale Alert. This...

Nick van Eck, the CEO of the stablecoin issuer firm Agora, recently shared insights on “yield-bearing stablecoins,” stating that they are “not money or stablecoins.” To be clearer, van Eck...

Kraken, a major cryptocurrency exchange, is contemplating the delisting of Tether’s USDT stablecoin from its European platform in response to upcoming regulations from the European Union. Marcus Hughes, Kraken’s global...

The supply of leading stablecoin DAI has seen a remarkable growth spree since early March, with a 24% increase in just over two months, rising from 4.42 billion to 5.48...

The financial realm of the Philippines stands on the brink of change as the central bank gives the green light to Coins.ph to experiment with a groundbreaking stablecoin in the...

Tether chief executive Paolo Ardoino recently took to social media platform X to highlight the statement on USDT given by Ripple CEO Brad Garlinghouse in an interview, calling him an...

Paolo Ardoino, the CEO of prominent stablecoin issuer Tether (USDt), has fired back at the critical remarks of Ripple CEO Brad Garlinghouse. For context, Garlinghouse recently asserted that the U.S....

In a recent study, Deutsche Bank Research analysts concluded that most stablecoins failed, with only 14% surviving. Raising concerns regarding the future of stablecoins, the researchers posited, “Some may survive,...

A new study by Visa and Allium Labs shares the idea of stablecoins becoming widely used for everyday transactions. The study reveals that a staggering majority (over 90%) of stablecoin...

Ethereum, the world’s leading smart contract blockchain network, witnessed a surge in stablecoin volume in April, reaching unprecedented levels, according to recent data. This surge, however, also includes flash loan...

According to Cuy Sheffield, Head of Crypto at Visa, his company has created an Onchain Analytics Dashboard that aims to provide accurate information about the growth of stablecoins. Sheffield made...

Tether, the world’s leading stablecoin issuer, has reported a record-breaking return for Q1 2024. In a recently published Q1 2024 attestation report, the firm noted that its net profit hit...