Stablecoin developer Usual faces backlash after changing redeem function

Stablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. USD0++, the staked version of the USD0 stablecoin by Usual, dropped to $0.92 — 8% below its previous… дальше »

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Philippine banks collaborate to launch PHPX stablecoin on Hedera

Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions. дальше »

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Is USDT losing ground? The EU’s MiCA rules and the rise of USDC and RLUSD

Is the EU’s MiCA framework forcing investors to rethink their allegiance to Tether’s USDT and explore alternatives like Circle’s USDC and Ripple’s RLUSD? USDT under radar For years, Tether’s USDT (USDT) has been the go-to stablecoin for traders and investors.… дальше »

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Ripple’s RLUSD Eyes Tether’s $137 Billion Market as MiCA Rules Come into Full Effect

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Compound lending platform adds Ethena’s USDe and Mantle’s mETH

Compound has added USDe and mETH tokens to boost DeFi options. Ethena’s USDe offers high yield and has witnessed rapid growth. Mantle’s mETH enhances staking and yielding on ETH. In a move to bolster its offerings, Compound Finance, one of Ethereum’s leading decentralized finance (DeFi) lending platforms, has integrated Ethena’s USDe stablecoin and Mantle’s mETH […] The post Compound lending platform adds Ethena’s USDe and Mantle’s mETH appeared first on CoinJournal. дальше »

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Steem Dollars (SBD) up 387% in a week: can it sustain the surge?

In the world of cryptocurrencies, where volatility is the norm, Steem Dollars (SBD), a stablecoin, is capturing headlines with an astonishing 387% surge in price over just one week. This dramatic increase has sparked both excitement and skepticism within the crypto community, raising the pivotal question: Can this surge be sustained, or is it merely […] дальше »

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Agora and Galaxy execute first OTC transaction of AUSD

Stablecoin issuer Agora has hit a new milestone with the first-ever over-the-counter transaction involving its flagship asset, Agora USD. The company announced the significant development on Jan. 8, noting that the OTC transaction involved collaboration with Galaxy Digital, a digital… дальше »

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Ripple’s president says RLUSD stablecoin will list on more exchanges “imminently”

Long said Ripple’s stablecoin will soon be available on other exchanges, but didn’t give an exact timeframe Various crypto spot ETFs are expected this year and Long believes XRP will be next after Bitcoin and Ether With a new US administration, it’s expected that ETF approvals will speed up Monica Long has said she expects […] The post Ripple’s president says RLUSD stablecoin will list on more exchanges “imminently” appeared first on CoinJournal. дальше »

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Ripple partners with Chainlink to improve RLUSD stablecoin pricing

Ripple has integrated Chainlink’s blockchain technology to provide reliable pricing data for its RLUSD stablecoin. RLUSD, a USD-backed digital currency, is designed for secure, instant payments and is supported on both the (XRP) Ledger and Ethereum (ETH) blockchains. With this… дальше »

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Ripple and Chainlink team up to further RLUSD adoption

Ripple and Chainlink partner to bolster RLUSD adoption. RLUSD will leverage Chainlink’s standard to enhance the stablecoin’s utility and accessibility across DeFi. Ripple is teaming up with Chainlink to bring its recently unveiled stablecoin RLUSD to more users across the decentralized finance ecosystem. дальше »

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Ripple Aims to Boost RLUSD Stablecoin's DeFi Utility with Chainlink Standard

Chainlink will provide crucial pricing data for Ripple's U.S. dollar stablecoin on the Ethereum blockchain. дальше »

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Ripple taps Chainlink to boost RLUSD utility and DeFi access

Ripple's integration with Chainlink could significantly enhance RLUSD's role in DeFi, potentially boosting stablecoin adoption and trust. The post Ripple taps Chainlink to boost RLUSD utility and DeFi access appeared first on Crypto Briefing. дальше »

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Western Union and MoneyGram app usage drops as stablecoin adoption surges

Traditional remittance giants like Western Union and MoneyGram are struggling to keep pace in an evolving financial ecosystem increasingly shaped by stablecoins. According to Matthew Sigel, Head of Digital Assets Research at VanEck, downloads of remittance giants apps have dropped significantly, with Western Union seeing a 22% decline and MoneyGram experiencing a 27% reduction. дальше »

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How Q1 could shape Bitcoin’s future - Markus Thielen explains...

Bitcoin’s January rally to face a potential pullback due to the Fed’s upcoming move. Institutional interest and stablecoin activity continue to support BTC's bullish outlook despite short-tThe post How Q1 could shape Bitcoin’s future - Markus Thielen explains... appeared first on AMBCrypto. дальше »

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Tether, top crypto exchange to swap $1b USDT to Tron network

Tether and a top third-party cryptocurrency exchange have announced a chain swap that will move $1 billion USDT from other blockchains to the Tron network. On Jan. 6, stablecoin issuer Tether posted on X that it plans to coordinate with… дальше »

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Vitalik Buterin donates nearly $1m USDC from meme swaps

Ethereum co-founder Vitalik Buterin transferred almost $1 million in Circle stablecoin USDC to his biotech fund donation address, Kanro. дальше »

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Navigating MiCA: Anastasija Plotnikova on the future of global crypto regulation

In the evolving landscape of digital finance, MiCA (Markets in Crypto-Assets) stands as a transformative framework poised to reshape the regulatory environment for digital assets. With stablecoins gaining momentum and mainstream adoption of crypto accelerating, MiCA introduces challenges and opportunities for fintech companies, traditional banks, and stablecoin issuers. дальше »

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Steem Dollars spike over 106%, highlighting resurgent interest in stablecoin rewards ecosystem

Steem Dollars, the stablecoin native to the Steem blockchain, has seen a remarkable price surge of over 106%. дальше »

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Ethena reveals roadmap for 2025, eyes Telegram payment app

Ethena Labs published its roadmap for 2025 on Jan. 3, which included the reveal of a Telegram application for payments and savings based on its sUSDe stablecoin, aiming to offer a “neobank experience. дальше »

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XRP flips USDT again to become the 3rd-largest crypto by market cap

XRP previously overtook USDt on Dec. 1 when it climbed past both Solana and Tether’s stablecoin.

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New Frax Finance stablecoin backed by BlackRock’s BUIDL fund, enhancing fiat-crypto bridge

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has deepened its position within the digital asset space as Frax Finance approved it as collateral for its soon-to-be-launched frxUSD stablecoin, according to a Jan. дальше »

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Ripple Issues 'Say Hello to RLUSD' Post With Access to RLUSD Whitepaper

Ripple publishes RLUSD-related post after releasing stablecoin at end of last year дальше »

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Tether and Circle generate $664 million in December revenue commanding stablecoin market

The crypto industry saw significant on-chain revenue in December, with stablecoin issuers taking the lion’s share, according to data from DeFiLlama. These issuers collectively earned over $664 million, representing over 40% of the $1. дальше »

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Do Kwon Pleads Not Guilty to Fraud Following Extradition to US: Reuters

Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated $40 billion дальше »

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Tether’s Market Capitalisation Slips as MiCA Regulations Kick in

Tether’s market capitalisation slid 1. 5% over the last seven days as broader MiCA regulations across crypto asset service providers in the Eurozone kicked in on Dec 30. These regulations include some stringent rules for global stablecoin providers as some European exchanges have begun to delist USDT. дальше »

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Tether’s market cap sheds $1.4b as MiCA activates

Tether’s U.S. dollar stablecoin witnessed its biggest downturn since FTX collapsed during the lethargic 2022 crypto market period. дальше »

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Solana Breaks $1B Stablecoin Inflow as Solaxy Raises $7M – Headed for Success?

The turn of the year shines bright on Solana as the ecosystem received over $1B in stablecoin inflows in December. How and why did this happen? Easy – stablecoins exploded in popularity after Trump’s November victory, and Solana’s status as the home of the best meme coins formed a natural combo. $SOL also rebounded from […] дальше »

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Aave net deposits hit $33.4 billion, surpassing 2021 levels

The lending platform also introduced Aave v4 in 2024, while its GHO stablecoin expanded to multiple blockchain networks.

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Stablecoin to move beyond trading in 2025, Dragonfly Capital exec predicts

As banks gear up to issue stablecoins for payments, 2025 could mark a turning point for stablecoin adoption, Dragonfly Capital’s Haseeb Qureshi predicts. Stablecoins are set to revolutionize small and medium-sized business payments in 2025, shifting from trading and speculation… дальше »

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Bitcoin targets $120K in January amid record Binance stablecoin reserves

Bitcoin analysts predict a rally to $120,000 during the first month of 2025, with nearly $45 billion worth of stablecoin reserves awaiting deployment on Binance. дальше »

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Tether shifts $780M in Bitcoin to reserve — its biggest move in 9 months

Stablecoin issuer Tether moved over 8,400 Bitcoin to its reserve in its biggest move since March.

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Solana leads weekly stablecoin growth: Surges above $5 Billion

Solana stablecoin marketcap jumps back above $5 billion, imitating the global stablecoin situation. SOL bears pullback, paving the way for slight weekly recovery. Solana [SOL] just concludedThe post Solana leads weekly stablecoin growth: Surges above $5 Billion appeared first on AMBCrypto. дальше »

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Tether boosts Bitcoin reserves amid EU MiCA’s regulatory tension

USDT stablecoin issuer Tether has expanded its Bitcoin holdings by acquiring 7,629 BTC valued at roughly $705 million, according to on-chain data from Arkham Intelligence. The purchase elevates Tether’s Bitcoin holdings to 82,983 BTC, worth approximately $7. дальше »

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Tether adds $700m Bitcoin to reserve address

Tether, the issuer of $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million. дальше »

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All you need to know about Ethereum stablecoins' market cap hitting new high

Stablecoins on the Ethereum network just hit a new historic high, in line with global stablecoin count Assessing incoming regulatory headwinds and potential impact liquidity will be key The The post All you need to know about Ethereum stablecoins' market cap hitting new high appeared first on AMBCrypto. дальше »

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Galaxy Predicts No Bitcoin Purchase by US in 2025 Despite Nation-State Adoption

Galaxy Research noted that the stablecoin sector is expected to grow to $400 billion, with Tether’s dominance declining amid rising competition and regulatory clarity. The post Galaxy Predicts No Bitcoin Purchase by US in 2025 Despite Nation-State Adoption appeared first on BeInCrypto. дальше »

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Ripple's RLUSD Stablecoin Explodes With 106% Growth in Volumes: Details

XRP/RLUSD pair attracted substantial volumes дальше »

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End of Tether in Europe? Uncertainty Looms as MiCA Regulations Take Effect

Tether’s flagship stablecoin, USDT, faces renewed scrutiny in the European Union as the bloc’s landmark Markets in Crypto-Assets (MiCA) regulation prepares to enter its full implementation phase on December 30, 2024.  дальше »

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Ethena Climbs to Sixth In TVL Rankings With $6B, But Whale Activity Sparks Concerns

Ethena, the rapidly growing decentralized stablecoin platform, has emerged as the sixth-largest project by Total Value Locked (TVL), boasting an impressive $6. 009 billion. The platform’s native stablecoin, USDe, has gained significant traction and is now the third-largest stablecoin in circulation, with a supply of 6 billion. дальше »

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National Bank of Cambodia Permits Stablecoins, Yet Bitcoin Remains Banned

Cambodia’s central bank has approved stablecoin use for financial institutions but continues to ban Bitcoin, reflecting a cautious stance on crypto adoption. The post National Bank of Cambodia Permits Stablecoins, Yet Bitcoin Remains Banned appeared first on BeInCrypto. дальше »

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Stablecoin adoption, ETFs to propel crypto performance in 2025: Citi

Inflows into crypto exchange-traded funds are a key driver of price performance, the asset manager said.

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Bitcoin analyst warns 'huge dump' amid recovering stablecoin dominance

Bitcoin’s failure to break through a critical resistance level has heightened the risk of a potential decline toward $81,500.

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Frax Finance opens community voting until Jan. 1 to adopt BlackRock’s BUIDL for new stablecoin

The voting period to onboard BlackRock’s USD Institutional Digital Liquidity Fund as a reserve asset for Frax Finance’s new stablecoin, Frax USD, opens on Dec. 27 until Jan. 1, 2025. Decentralized finance protocol Frax (FRAX) Finance is getting ready to… дальше »

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TRX price prediction: analyst forecasts 444% surge as Tron’s stablecoin supply reflects a matured ecosystem

CryptoQuant data revealed that stablecoin supply on the Tron blockchain stabilized at $62 billion after consistent surges over the past few months. That signals paused minting of new assets, confirming balanced markets – where stablecoin demand meets the prevailing supply. дальше »

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Tether invests $2m into Arcanum Capital Fund II Venture Capital

Tether has made its first dive into the world of venture capital by injecting $2 million into Arcanum Capital’s fund, which focuses on developing blockchain-based Web3 projects. According to a recent press release, major stablecoin issuer Tether (USDT) has invested… дальше »

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Vote to use BlackRock's BUIDL as backing asset for Frax stablecoin goes live

Voting on the proposal is open from Dec. 27 until Jan. 1, with all votes that have been cast so far in favor of the proposal.

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Michael Saylor Announces $299 Million 'Bitcoin Gift' to MSTR Holders, RLUSD Stablecoin Gets Listed on Major Exchange, Shibarium Hits Epic Transaction Milestone on Christmas: Crypto News Digest by U.Today

Check out all the important news over the past day in U.Today's latest digest! дальше »

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Brazil’s self-custodial stablecoin ban to catalyze decentralization

Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable. дальше »

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DeFi TVL drops 16% but stablecoin market stays firm

The total value locked (TVL) in DeFi protocols saw significant volatility in the past week, dropping from $140. 95 billion on Dec. 17 to $117. 76 billion on Dec. 20 before partially recovering to $122. дальше »

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Cardano Makes Major Strides in DeFi and Stablecoins Despite Q3 Challenges

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