Stablecoin
Palau’s Digital Dollar Dream: A Ripple Effect
Ripple and Palau have collaborated on the new Palau Stablecoin (PSC). The stablecoin will be issued on the XRP Ledger (XRPL). The Republic of Palau’s…
Ripple Bets on Stablecoins: RLUSD Testing Kicks Off on XRPL & Ethereum
Ripple’s RLUSD is in its first testing phase on the XRPL and Ethereum mainnets. The test ensures RLUSD’s highest security, efficiency, and reliability standards before…
Crypto Traders Flood Exchanges with $1 Billion in Stablecoins
Investor activity suggests a return of confidence in the cryptocurrency market. The inflow of stablecoins to exchanges reached nearly $1 billion on August 6. Binance…
SHIB Shows Strong Recovery, Sets New Price Targets
SHIB's V-shaped recovery signals strong bullish momentum Key support levels for SHIB are 0.00001276, 0.00001242, and 0.00001197 USDT Traders eye SHIB's potential breakout above 0.00001385…
Ripple Introduces Webpage for RLUSD: Stablecoin Launch Date Yet Unrevealed
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…
Crypto Analyst Finds Link Between USDT on TRON and Bitcoin Price
Joao Wedson spotted a correlation between USDT volume and BTC prices. Binance controls over 60% of all USDT transfers on the TRON network. Traders and…
Tokenization’s Temptations: Can Wall Street Tame the DeFi Frontier?
Wall Street advances in tokenizing assets but remains cautious about decentralized finance (DeFi). The tokenization market could reach $30 trillion by 2034, with a significant…
Reflexer Finance Crowdsources Ideas for RAI V2, Buterin Suggests Non-USD Backing
Ethereum's founder suggests exploring non-USD-connected indices for RAI V2 to enhance stability and neutrality. Vitalik Buterin proposes index ideas, including World GDP and a weighted…
Terra Luna Investors: Don’t Miss the Deadline for Filing Your Claim
Terra Luna Classic has set a Preliminary Crypto Loss Bar application date. TFL and TLL cases have been scheduled for August 21, 2024. The Preliminary…
Basel Committee Tightens Crypto Rules, Favoring Centralized Stablecoins
BIS’s new crypto asset standards favor permissioned stablecoins over permissionless ones. Caitlin Long criticizes the BIS's decision, seeing it as backward innovation. The framework also…
