Tag: Stablecoin

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Crypto Wallet MetaMask Officially Launches Its mUSD Stablecoin

MetaMask, the widely used crypto wallet built by Consensys, announced on Thursday that it is launching its own stablecoin called MetaMask USD (mUSD).  The coin...

Trump Family WLFI Project Mints 9% of USD1 Supply Worth $205M Driving Stablecoin Supply To Record Highs

World Liberty Financial (WLFI), a decentralized finance project owned by the Trump family, has minted a whopping $205 million USD1 stablecoin.  The minting was revealed...

China Considers Letting Yuan-Backed Stablecoins Into Use To Boost Global Yuan Adoption

China will review a plan later this month that could allow yuan-backed stablecoins for the first time, sources told Reuters’ reporters, published earlier today,...

Wyoming Launches Frontier ($FRNT) Stablecoin, Becomes First State-Owned U.S Stablecoin

Wyoming has officially launched its own stablecoin, Frontier ($FRNT), marking a historic first in the United States as the first state in the U.S....

Trump Family Backed USD1 Stablecoin has officially launched on JustLend

The Trump family–backed USD1 stablecoin has had its official launch on JustLend DAO and now continues to build out its rapid integration across DeFi. The...

Tether Appoints Former Trump Crypto Adviser Bo Hines To Lead U.S. Operations

Tether, the world’s largest stablecoin issuer, has appointed former White House crypto adviser Hines to run its U.S. operations. Hines left the Trump administration...

South Korea’s FSC To Unveil Regulatory Framework For Won-Denominated Stablecoins This October

The Financial Services Commission of South Korea will present a bill on won-backed stablecoins in October in Seoul. The move comes as the government...

Japan’s FSA Prepares To Approve First Yen-Backed Stablecoin This Autumn

Japan’s Financial Services Agency (FSA) is preparing to authorise the first stablecoin backed by the yen, with approval expected to come this autumn.  The move...

Stablecoin Protocol USD.AI Raises $13M To Back AI Firms With GPU Collateral

USD.AI, built by Permian Labs, raised $13 million in a Series A round led by Framework Ventures, the company said in an announcement made...

Visa’s Crypto Chief Says Future Will Be For Traditional & Crypto Finance, Predicts A $2T Stablecoin Market

Cuy Sheffield, Visa’s head of crypto, told Bloomberg that traditional payments and crypto will converge as the stablecoin market grows to $269 billion, up...

South Korean Investors Shift From U.S. Big Tech To Crypto-Linked Stocks

A new report from the Korean Centre for International Finance (KCIF) shows that South Korean retail investors who once favoured U.S. big tech shares...

Trump Family Backed USD1 Stablecoin Announces Exclusive Loyalty Program Launch With Strategic Partners

In a significant development, the Trump family-backed USD1 stablecoin has announced that it is launching an exclusive loyalty program to reward users for their...