Tether’s Q2 2024 audit shows $118.4 billion in reserves, surpassing liabilities by $5.3 billion. With $97.6 billion in U.S. Treasury, Tether ranks as the 18th largest holder worldwide. Tether’s most…
Browsing: Stablecoin
Ripple has published a blog post to introduce several key aspects of fiat-backed stablecoins such as their valuation and regulatory progress amid the recently launched RLUSD. According to the post,…
Stablecoin usage in 2024 surged to $2.62 trillion, expanding into cross-border payments and daily financial activities. Emerging markets like Nigeria and Brazil increasingly use stablecoins for savings and remittances, bypassing…
Singapore saw nearly $1 billion in stablecoin payments in Q2 2024, highlighting its growing digital asset landscape. Singapore’s advanced financial regulations have driven increased adoption of stablecoins and Bitcoin by…
Donald Trump reaffirmed his support for cryptocurrency, aiming to make the U.S. a global leader in the crypto space. Trump proposed a government reform commission, with Elon Musk as a…
The lead developer of Terra Luna Classic has completed major work on the Tax2Gas update, with testing ongoing prior to final release. The update will automate burndown tax calculations, making…
Ripple focuses on launching its dollar-pegged stablecoin in the US before exploring stablecoin opportunities in Japan. Japan’s regulatory clarity makes it an ideal market for stablecoin growth, says Ripple’s CEO.…
Ripple’s RLUSD stablecoin will initially be available only to institutions, with retail access through intermediaries later. The XRP Ledger’s $1 trillion trust line for RLUSD reflects Ripple’s focus on scalability…
Sky Protocol launches USDS, enabling non-custodial savings with native rewards through Sky Token Rewards and Sky Savings Rate. Aave Labs collaborates with Sky Protocol to integrate USDS into Aave V3,…
Wyoming’s new stablecoin could challenge Bitcoin and Tether by offering a transparent, fully-backed digital currency. This initiative positions Wyoming as a leader in U.S. digital currency innovation, potentially setting the…
Bitcoin has surged past $61,000, fueled by $2.5 billion in stablecoin inflows. Institutional investors, including Goldman Sachs, are boosting Bitcoin’s performance with increased activity in spot Bitcoin ETFs. Bitcoin and…
Brazil’s approval of a Solana ETF could influence other markets like the US and UK, fostering wider adoption of Solana products. Increased transaction volumes and a higher PayPal PYUSD supply…
Ripple’s stablecoin testing and SEC victory could drive XRP’s price to $3.20, signaling a major market shift. Ripple’s entry into the $160 billion stablecoin market challenges industry giants and positions…
The Stablecoin market has grown, with over $1 trillion in transactions in 30 days. Monthly active stablecoin users reach 27.5 million, showing steady growth. The stablecoin market is witnessing significant…
Injective integrates the Mountain Protocol, introducing USDM, a native yield-bearing stablecoin backed by Treasury bills. USDM offers a 5% annual yield, enabling various real-world asset use cases within the Injective…
Animoca Brands partners with Standard Chartered and HKT for HKMA’s stablecoin issuer sandbox. The collaboration aims to innovate stablecoin usage and support the digital asset ecosystem in Hong Kong. Animoca…
The stablecoin landscape is shifting amid regulatory differences. While USDT remains the leader, USDC is gradually assuming parts of its market share. The stablecoin ecosystem is currently experiencing a repositioning…
Ripple-backed XRP could follow the pre-2017 fractal pattern, leading to an inevitable bullish breakout in the near term. The ultimate XRP price surge will be triggered by the highly anticipated…
EMURGO partners with Encryptus to launch USDA stablecoin, enhancing security and efficiency. The launch aligns with EU’s MiCA regulations, promoting financial stability and consumer protection. EMURGO is thrilled to announce…
Lyra Finance partners with Ethena Labs to offer leveraged ETH exposure without initial capital risk. Ethena Labs’ stablecoin USDe gains utility through integration with Cloudbet and Bybit. Restaking derivative platform…