Stablecoin
Ripple Mints Another 50k RLUSD, Stablecoin Supply Now at $48M
Ripple has minted 50,000 RLUSD tokens, increasing the total supply to 48.6 million. The minting is part of Ripple's testing phase for RLUSD, aimed at…
UK Stablecoin Legislation Expected in “Months, Not Years,” Says Circle Executive
Circle's Dante Disparte believes UK stablecoin regulations could be introduced within months. He stresses the importance of swift legislation to maintain competitiveness with regions like…
Stablecoin Regulation Heats Up: Lawmakers Push for Guardrails
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…
Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa
Yellow Card secures $33 million in Series C funding to boost stablecoin services in Africa. The company operates in 20 African countries and has processed…
SCB Launches Stablecoin Service for Cross-Border Payments in Thailand
SCB launches stablecoin service for efficient, cost-effective cross-border payments. Partnership with Lightnet and Fireblocks drives SCB’s blockchain-based remittance service. Stablecoin adoption rises, with over $2.6…
USDT’s User Base Reaches 330 Million, Driven by Tron, BSC, and Ethereum
USDT adoption hits 330 million on-chain wallets by Q3 2024. Layer 2 chains like Optimism, Arbitrum, and TON are major contributors to user growth. USDT's…
Stablecoin Market Cap Explodes to $173 Billion — Is This Bearish for Bitcoin?
The total market cap of stablecoins surged by 0.48% in seven days since May 2022. A surge in stablecoin valuation suggests an increase in liquidity…
Brazil’s Crypto Soars on 42% Stablecoin Growth And Institutional Influx
Brazil's crypto market reports 42% growth, driven by stablecoin usage and institutional interest. Institutional transactions increased in late 2023, indicating renewed market confidence. Stablecoins account…
PayPal Completes First Corporate Payment Using PYUSD Stablecoin
PayPal has completed its first business transaction using its stablecoin PYUSD. The transaction highlights stablecoins’ potential to streamline corporate payments. PayPal has settled an invoice…
Tether’s USDT Faces Potential Delisting from Coinbase
Coinbase to delist all unauthorized stablecoins by year-end to comply with EU’s new MICA regulations. Terra’s USDT, the largest stablecoin by market cap, might be…
