Stablecoin
Kamino Finance Ups PYUSD Borrowing Limits
Kamino Finance raises PYUSD borrowing caps, expanding access and maintaining stable rates. Ethena Labs offers PYUSD borrowing at 2.07% APY, appealing to yield-focused investors. PYUSD…
Stablecoins Hit Record $177B Market Cap, Tether Leads Surge
The stablecoin market has recorded a new all-time high of $177 billion, surging past the previous high. The market has seen rapid growth in the…
DeFi Needs TradFi Integration to Thrive: M^0 Labs CEO
Luca Prosperi, the CEO of M^0 Labs, predicted that in 10 years, the stablecoin market will be worth $2 trillion. Prosperi added that DeFi needs…
PayPal & Anchorage Launch PYUSD Rewards for Institutions
PYUSD yield program offers secure, non-lending rewards for institutions via Anchorage custody. PYUSD supply grew 60%, now 6th largest USD stablecoin, expanding on Solana, Ethereum.…
Tether and FBI Team Up to Recover $5 Billion in Crypto
The DoJ commended Tether’s support in recovering funds linked to fraud. Scammers disguised as romance partners to steal from unsuspecting victims. Tether supported the FBI…
Russia To Support FEA, Launches Two Crypto Exchanges: Report
Russia launches two crypto exchanges in St. Petersburg and Moscow. The exchanges focus on supporting foreign economic activity (FEA). The country has taken the initiative…
Tokenized Assets Soar to $10.9B, Led by Debt & Treasuries
Tokenized assets hit $10.9B, driven by private credit and U.S. Treasuries demand. $BUIDL fund’s growth attracts major institutions, boosting tokenized Treasury interest. OpenEden's Moody’s "A"…
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…
