Stablecoin

Ripple gained NYDFS approval to launch its stablecoin, RLUSD, boosting the price of the XRP token by more than 9% in the past 24 hours. This follows a massive crash...

U.S. Treasury Secretary Janet Yellen has renewed her call for stricter regulation of crypto assets and stablecoins, citing the need to address vulnerabilities in the financial system. Speaking at the...

Tether continued its aggressive stablecoin expansion, minting $1 billion USDT on the Tron blockchain just weeks after a similar Ethereum issuance. This latest issuance caps a record-breaking month for Tether,...

Cardano founder Charles Hoskinson has hinted at the possibility of a class action by the blockchain firms excluded from the Wyoming stablecoin project. Hoskinson said the firms could sue the...

Cardano founder Charles Hoskinson voiced disappointment over Wyoming’s recent decision to exclude Cardano and many other blockchain solutions from its planned stablecoin project. In a recent podcast, Hoskinson faulted the...

Cardano founder Charles Hoskinson has responded to Wyoming’s decision to exclude Cardano and its privacy-focused Midnight project from the shortlist of blockchains for the state’s official stablecoin development. In a...

Ripple, the American fintech firm, and Mercy Corps Ventures (MCV) have expanded their partnership to focus on the adoption of the RLUSD stablecoin. This blockchain-based token is pegged to the...

Digital asset financial services firm Matrixport stated on X that stablecoin minting has increased significantly, suggesting that investors are investing in crypto. The market cap of USDT and other stablecoins...

Bitcoin fell below the $90,000 mark in the past 24 hours, dropping by 2.56%. Seemingly taking advantage of this dip, Galaxy Digital, the digital asset and blockchain firm, transferred 30...

The stablecoin market has surged to $181 billion, up 3% in the past week, as Bitcoin and the broader crypto market continue their historic rally, data from DeFiLlama shows. Just...

Binance introduced its latest token, Usual (USUAL), through the Binance Launchpool. The exchange is allowing users to buy USUAL tokens by farming BNB and FDUSD before its pre-market listing on...

Avalon Labs has launched USDa, a Bitcoin-backed overcollateralized stablecoin. The new blockchain-based digital asset reached a supply of over 100 million. Its collateralized Bitcoin assets are $200 million, according to...

Tether, the stablecoin firm behind USDT, injected a massive 1.845 billion USDT into exchanges on the Ethereum blockchain network, which may be one reason why the price of Bitcoin (BTC)...

Major players in the digital asset industry, including Robinhood, Paxos, Kraken, Nuvei, Bullish, Anchorage, and Galaxy Digital, have partnered to launch a new stablecoin called the Global Dollar (USDG). The...

Digital assets, particularly stablecoins and blockchain projects, are reshaping the financial landscape. A report from the U.S. Department of Treasury shows that digital currencies are driving demand for U.S. Treasuries...

Bitcoin experienced significant volatility in the closing hours of Friday’s trading session, dropping nearly 5% in a few hours, after news broke about a U.S. government investigation into Tether, the...

Ripple has minted another 50,000 RLUSD tokens, increasing its stablecoin supply. The minting was confirmed on the Ethereum blockchain by a community-based tracker and recorded at block height 21041720. This...

Crypto firm Circle, the second-largest stablecoin issuer, is optimistic that the UK will introduce stablecoin regulations within “months, not years.” Dante Disparte, Circle’s global head of policy, shared this outlook...

Federal Reserve Governor and former FOMC member Christopher Waller compared decentralized finance (DeFi) with centralized finance (CeFi), asserting that the former cannot completely replace the latter. At the Vienna Macroeconomics...

Yellow Card, a leading stablecoin platform in Africa, has secured $33 million in Series C funding. The round, led by Blockchain Capital, brings the company’s total equity financing to $85...

In Thailand, Siam Commercial Bank (SCB) launched a new stablecoin service to streamline cross-border payments. This move is a significant development in Thailand’s financial market, with SCB aiming to offer...

Tether announced its stablecoin, USDT, saw a dramatic increase in its user base. By the end of Q3 2024, the network recorded 330 million on-chain wallets, solidifying its position in...

The total market capitalization of stablecoins has surged to $173 billion, a level not seen since May 2022. This significant increase in stablecoin demand could foreshadow a pullback in Bitcoin’s...

Brazil’s crypto market is changing, with strong growth in stablecoin usage and renewed institutional interest from major financial entities. According to data from Chainalysis, the stablecoin market in Brazil is...

Financial technology company PayPal Holdings achieved a significant milestone in corporate payments, potentially driving mainstream crypto adoption. The platform executed its first business transaction using its stablecoin PayPal USD (PYUSD)...