Latest News and Articles about Stablecoin
Tether Explores U.S.-Only Stablecoin Amid Trump’s Crypto-Friendly Policies
Tether Considers U.S.-Only Stablecoin Amid Trump’s Pro-Crypto Policies Tether, the leading issuer of the world’s most traded stablecoin, is actively considering launching a U.S.-only version of its token, driven by the potential for favorable regulations under the Trump administration. Tether explores U.S.-only stablecoin leveraging Trump’s crypto-friendly policies Engages with U.S. regulators to shape stablecoin frameworks […]
Read MoreHong Kong Targets 2025 for Updated Virtual Asset Policy and Web3 Integration
Hong Kong Sets The Stage For A Bold New Era In Virtual Assets Hong Kong is poised to lead the global Web3 revolution by 2025, as Financial Secretary Paul Chan announced at the Hong Kong Web3 Festival. The city aims to update its virtual asset policy framework, integrating Web3 technologies with traditional finance to benefit […]
Read MoreItaú Unibanco Eyes Real-Pegged Stablecoin: Awaiting Brazil’s Regulatory Green Light
Itaú Unibanco Explores Real-Pegged Stablecoin: A Game-Changer for Brazil? Itaú Unibanco, the leading bank in Brazil and Latin America, is considering the launch of a stablecoin pegged to the Brazilian real. This move, however, hinges on regulatory clarity from the Central Bank of Brazil, which is currently conducting a public consultation on the stablecoin market. […]
Read MoreCoinbase Adds RSR to Roadmap, Boosting Stablecoin Ecosystems
Coinbase Adds Reserve Rights (RSR) to Its Listing Roadmap: A Step Towards Stablecoin Ecosystems Did you know that stablecoins, designed to minimize price volatility, are becoming the unsung heroes of the crypto world? Coinbase, a leading cryptocurrency exchange, has just announced the addition of Reserve Rights (RSR) to its listing roadmap, signaling a focus on […]
Read MoreFDUSD Stablecoin Crashes to $0.76 Amid Liquidity Fears and Justin Sun’s Accusations
FDUSD Stablecoin Depegs Amid Allegations and Liquidity Concerns FDUSD, a stablecoin issued by First Digital, recently experienced a dramatic depeg, plummeting to as low as $0.76 before recovering to around $0.97. This event was triggered by concerns over the liquidity of First Digital’s reserves and amplified by accusations from Tron founder Justin Sun. FDUSD depegged […]
Read MoreRipple Boosts Cross-Border Payments with RLUSD Integration
Ripple Integrates RLUSD into Payments Platform, Boosting Cross-Border Efficiency Ripple has taken a bold step forward by integrating its USD-backed stablecoin, RLUSD, into its Ripple Payments platform. This move aims to streamline cross-border transactions and expand the utility of RLUSD among financial institutions. Ripple integrates RLUSD into Ripple Payments RLUSD launched in December 2024 Market […]
Read MoreHashgraph’s HashSphere: Private Blockchain for Regulated Sectors Launches Q3 2025
Hashgraph Unveils HashSphere: A Game-Changer for Regulated Industries Hashgraph, the powerhouse behind the Hedera network, is making waves with the announcement of HashSphere, a private, permissioned blockchain set to launch in Q3 2025. Designed specifically for enterprises in regulated sectors like banking and asset management, HashSphere aims to revolutionize how these industries manage cross-border stablecoin […]
Read MoreWyoming’s WYST: State Stablecoin or CBDC? July Launch Sparks Debate
Wyoming’s WYST: A State Stablecoin or CBDC in Disguise? Wyoming is set to launch its own stablecoin, WYST, as soon as July, sparking a heated debate on whether it’s a state version of a central bank digital currency (CBDC). A stablecoin is a cryptocurrency designed to maintain a stable value, often pegged to a currency […]
Read MoreWyoming’s WYST Stablecoin Set to Launch in July 2025: A Bold Crypto Move
Wyoming’s Bold Leap into Crypto: WYST Set to Launch in July 2025 – WYST launch set for July 2025 – Fiat-backed with 102% reserve requirement – Aims to fund education, infrastructure, and agriculture – Blockchain platforms under consideration: Solana, Ethereum, Polygon Wyoming is not just riding the crypto wave; it’s trying to steer the ship […]
Read MoreTrump-Backed WLFI Launches USD1 Stablecoin on Ethereum and BSC
World Liberty Financial Launches USD1 Stablecoin Backed by U.S. Government Bonds and Dollar Reserves In a bold move that could shake up the crypto world, World Liberty Financial (WLFI), backed by former President Donald Trump, has launched USD1, a stablecoin aiming to redefine financial stability. WLFI’s new offering, fully backed by U.S. government bonds, dollar […]
Read MoreTrump Unveils Plan for U.S. Bitcoin Dominance: National Stockpile and Stablecoin Support
Trump Declares Vision For America As The Undisputed Bitcoin Superpower – Trump proposes a national Bitcoin stockpile. – Aims to end regulatory war on crypto. – Supports stablecoin legislation to boost USD dominance. – Bitcoin recently dropped 22% from its all-time high. At the Blockworks Digital Asset Summit in New York, former President Donald Trump […]
Read MoreTether’s $33.1B Treasury Buyout: Dominating Stablecoins and Facing U.S. Regulatory Hurdles
Tether’s $33.1 Billion Treasury Buyout: A Power Move in the Crypto World In 2024, Tether, the issuer of the USDT stablecoin, emerged as the seventh-largest buyer of U.S. Treasury securities, surpassing nations like Germany, Canada, and Mexico with a net purchase of $33.1 billion. This bold move into the Treasury market not only showcases Tether’s […]
Read MoreSouth Korea Rejects Bitcoin Reserves, Explores Won-Backed Stablecoin
Bitcoin In Reserves? South Korea’s Central Bank Won’t Bite South Korea’s central bank, the Bank of Korea (BOK), has firmly rejected the inclusion of Bitcoin in its foreign exchange reserves, citing the cryptocurrency’s significant price swings and failure to meet International Monetary Fund (IMF) standards. However, local advocates and legislators are pushing forward with plans […]
Read MoreEthena Overtakes PancakeSwap and Jupiter, Hits $3.28M Daily Revenue
Ethena Surges Ahead: Overtakes PancakeSwap and Jupiter with $3.28M Daily Revenue Ethena, the Ethereum-based decentralized stablecoin protocol, has made a significant impact in the DeFi sector by surpassing the daily revenue of established protocols like PancakeSwap and Jupiter, securing the third position in daily fees with an impressive $3.28 million. While this success is notable, […]
Read MoreMoonPay Secures 46th State License in Wisconsin, Boosts Crypto Payment Solutions
MoonPay Expands to Wisconsin: Secures 46th State License and Enhances Crypto Payment Solutions MoonPay, a leading cryptocurrency payment platform, has obtained a Money Transmitter License (MTL) in Wisconsin, marking the 46th state to grant such approval. This development allows MoonPay to expand its services to Wisconsin residents, aligning with the state’s progressive stance on digital […]
Read MoreTether CEO Cheers GENIUS Act: A New Era for Stablecoin Regulation
Tether CEO Excited About GENIUS Act’s Impact on Stablecoin Regulation Stablecoins, cryptocurrencies designed to maintain a stable value often pegged to a traditional currency like the US dollar, are set to face a significant change with the recent passage of the GENIUS Act by the U.S. Senate Banking Committee. Tether CEO Paolo Ardoino is buzzing […]
Read MoreTether’s Growth Driven by Global Dollar Demand, CEO Ardoino Says
Paolo Ardoino: Tether’s Growth Fueled by Global Demand for U.S. Dollars Tether CEO Paolo Ardoino recently discussed the company’s impressive growth on Bloomberg TV, attributing it to the global thirst for U.S. dollars, particularly in emerging markets where traditional financial systems often fall short. Ardoino’s insights highlight Tether’s strategic positioning and the potential impact of […]
Read MoreInfini Loses $49M in Stablecoin Heist: Ex-Developer’s Exploit Exposed
Infini Exploited for $49M in Stablecoin Heist: A Closer Look at the Breach and Its Implications On February 24, Infini, a digital-only neobank specializing in stablecoin transactions, fell victim to a $49 million exploit orchestrated by an ex-developer who retained administrative privileges. This incident adds to the growing list of high-profile breaches plaguing the cryptocurrency […]
Read MoreJapan’s FSA Rolls Out New Stablecoin Rules to Boost Safety and Efficiency
Japan’s FSA Unveils New Stablecoin Regulations: A Step Towards Safer Crypto? Japan’s Financial Services Agency (FSA) is rolling out new regulations to enhance user protection and streamline the operations of stablecoin issuers. These changes, which include diversifying backing assets and introducing a new business category, aim to foster a safer and more efficient digital finance […]
Read MoreUS SEC Approves YLDS: First Yield-Bearing Stablecoin Offers 3.85% APR
US SEC Greenlights YLDS: The First Yield-Bearing Stablecoin Enters the Scene Ever wished your stablecoin could earn you income like a savings account? That dream just became a reality with YLDS, the first yield-bearing stablecoin approved by the US SEC. The SEC’s approval of YLDS marks a pivotal moment for crypto investors seeking stability and […]
Read MoreRipple’s RLUSD Stablecoin Hits $120M Milestone, Expands on Ethereum and XRP
Ripple’s RLUSD Stablecoin Surpasses $120 Million in Total Supply Ripple’s RLUSD stablecoin has hit a major milestone, surpassing a total supply of $120 million. This marks a significant achievement for the stablecoin, highlighting its growth and acceptance within the cryptocurrency market. RLUSD total supply exceeds $120 million Stablecoin gains traction on XRP Ledger and Ethereum […]
Read MoreTether and Guinea Sign MoU to Boost Digital Transformation and Blockchain Adoption
Tether Partners with Guinea to Drive Digital Transformation On February 17, Tether, the issuer of the world’s largest stablecoin, USDT, announced a groundbreaking partnership with the government of Guinea aimed at boosting the country’s digital transformation and economic growth through blockchain technology. This collaboration, solidified through a memorandum of understanding (MoU), will focus on education, […]
Read MoreTether Acquires Stake in Juventus: Blending Crypto, AI, and Biotech with Football
Stablecoin Giant Tether Acquires Minority Stake in Legendary Italian Football Club Juventus Tether, the leading stablecoin provider, has made a strategic move into the sports industry by acquiring a minority stake in Juventus, Italy’s iconic football club. This investment marks a bold step towards integrating digital assets, artificial intelligence (AI), and biotechnology into sports. Tether […]
Read MoreNigeria Launches cNGN: The First Licensed Stablecoin Pegged to the Naira
Nigeria’s Leap into Digital Currency: Introducing the cNGN Stablecoin In Nigeria, where over 30% of the population engages with cryptocurrencies, a new chapter is about to unfold with the launch of the cNGN stablecoin. This move represents a significant stride towards digital finance, backed by the Central Bank of Nigeria (CBN) and the Securities and […]
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