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Tag: Stablecoin

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Crypto Investment News

Stripe Unveils B2B Stablecoin Payments, Drives Crypto Adoption

In a major announcement, Patrick Collison, the CEO of payment processing giant Stripe, revealed that the company has launched a new feature enabling B2B...
News

Sky Protocol Launches USDS Stablecoin On Solana To Boost DeFi Ecosystem

The Solana blockchain is currently home to Sky Protocol's decentralised finance (DeFi) native stablecoin, USDS, which was previously known as Maker. The launch is...
Exchange News

Binance Clarifies BFUSD Is Not a Stablecoin Amid Rising Fake Rumours

Binance has introduced BFUSD, a new asset designed for margin trading on its futures platform. Its name and an advertised annual percentage yield (APY)...
Expert take

Bitwise CIO Predicts $500B Stablecoin Market After Gensler’s Exit

In a significant forecast that has caught the attention of the cryptocurrency industry, Bitwise Chief Investment Officer Matt Hougan shared his vision for the...
News

Worlds First Bitcoin Backed Stablecoin USDa Hits 100M Supply Amid Rise In Demand

The first Bitcoin-backed overcollateralized stablecoin in history, USDa from Avalon Labs, has crossed a new milestone in a very short time span after launch....
News

Ripple Cheers UAE’s Dirham Backed & Global Stablecoin Rules, Projects Sector Growth to $3T

Digital payment network Ripple has applauded and expressed its optimism over the new UAE regulations set out for a Dirham backed stablecoin and Global...
News

Stablecoin Issuer Circle To Tap On Hong Kong Markets, Awaits New Framework By Govt

Stablecoin issuer Circle has expressed its heightened interest in establishing offices and workforce in Hong Kong. The world's second largest Stabecoin issuer is waiting...
News

TRON Partners Chainlink For $60B Stablecoin And RWA Integration, Here’s Why

TRON has announced a strategic partnership with Chainlink to integrate Chainlink’s Data Feeds as the official oracle solution for the TRON ecosystem.  This move, announced...
News

Paxos Unveils Instant USD-Stablecoin Conversion Platform For Merchants

Paxos has announced earlier today the launch of its innovative Stablecoin Payments platform, marking a significant milestone in the company's mission to revolutionize the...
News

Essence Finance Faces Uncertainty As CHI Stablecoin Collapses Over 92%

Essence Finance, a project built within the Scroll ecosystem, is under intense scrutiny after its stablecoin, CHI, plummeted by over 92% within a single...
News

Tether Faces Legal Action Amid Potential Crackdown, Here’s What At Stake For Crypto

Tether Holdings Ltd. is one possible target that may rock the cryptocurrency industry to its foundation as U.S. regulators and prosecutors have been stepping...
Exchange News

PayPal & Google Cloud Partner With Coinbase To Use Stablecoins For B2B Payments

Coinbase has highlighted the benefits of stablecoins for business-to-business (B2B) payments, emphasizing their instant settlement capabilities and cost-effectiveness, especially for cross-border transactions. In a...
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