The stablecoin showdown

The stablecoin market is heating up, but the future remains uncertain. Will one stablecoin dominate, or will multiple players coexist in a diverse ecosystem? дальше »

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Polygon teams up with Foresight Venture-backed stablecoin network WSPN

Singapore-based stablecoin infrastructure startup WSPN partners with Polygon Labs to scale WUSD stablecoin use in payments in decentralized finance. Worldwide Stablecoin Payment Network — also known as WSPN — has joined forces with Polygon Labs, the firm behind the Polygon… дальше »

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Whales buy Solana worth $23.86M: Is $400 in sight for SOL?

 Solana whale recently purchased 100K SOL worth $23. 86M Solana recorded $311M in stablecoin inflows over the last 24 hours, the largest inflow ever.  Solana [SOL] has held the $230 supportThe post Whales buy Solana worth $23. дальше »

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UK government set for crypto regulations next year, officials says

Officials say the United Kingdom (UK) government is preparing to set a new regulatory framework for the crypto industry, including stablecoin, by next year. The newly formed government of the UK will advance the cryptocurrency regulations after being delayed due… дальше »

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UK to unveil crypto and stablecoin regulatory framework early next year

The UK will introduce unified crypto regulations, including stablecoins, in early 2025. New rules aim to simplify oversight and avoid restrictive staking classifications. Labour government aims to compete with EU’s MiCA rules and US pro-crypto policies. дальше »

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U.K. to unveil crypto, stablecoin rules early next year

The U.K. government plans to unveil draft regulations for the crypto and stablecoin markets in early 2025, Bloomberg has reported. According to the publication, Prime Minister Keir Starmer’s administration aims to establish a regulatory framework for overseeing the crypto industry,… дальше »

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Payments Giant Stripe Brings Crypto Services to Aptos as Circle's USDC Stablecoin Launch on the Network

The integrations aim to boost global payments and decentralized finance on the Aptos network. дальше »

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Circle’s USDC to launch on Aptos with Stripe adding support

Aptos Foundation announced that Circle’s USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain.  Along with this launch, Stripe is also adding support for Aptos (APT) in its crypto payment products, a move aimed at streamlining payments… дальше »

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FDUSD Becomes Second Native Stablecoin on Sui

Sui, the Layer 1 blockchain renowned for its unparalleled performance and limitless horizontal scaling, has officially integrated FDUSD, the stablecoin developed by First Digital Labs, one of the largest in the world. дальше »

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Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin

Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO). дальше »

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First Digital’s FDUSD Stablecoin is Officially Live on Sui

FDUSD is the second multi-billion dollar market cap stablecoin to natively integrate with Sui in recent months, strengthening FDUSD’s position as a versatile and interoperable stablecoin while enhancing Sui’s burgeoning DeFi ecosystem where TVL is over $1.5B. дальше »

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Memecoin revival drives Solana DEX Raydium past Tether in fees

Solana-based decentralized exchange (DEX) Raydium has outperformed stablecoin giant Tether in daily fee generation. According to data from DeFiLlama, Raydium generated over $15 million in fees in the last 24 hours, surpassing Tether’s $13 million during the same period. дальше »

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First Digital’s FDUSD Stablecoin is Officially Live on Sui

Grand Cayman, Cayman Islands, 20th November 2024, Chainwire

The post First Digital’s FDUSD Stablecoin is Officially Live on Sui appeared first on CaptainAltcoin.

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Sky’s USDS goes multichain with Solana launch

Sky, formerly known as Maker, has launched its USDS stablecoin on Solana to introduce the network’s “first major Defi-native stablecoin.” According to a Nov 19 announcement, USDS is expected to enhance lending, borrowing, and trading on the network’s leading DeFi… дальше »

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Sky’s USDS stablecoin goes live on Solana, promising over $500K weekly rewards

DeFi platform Sky, formerly MakerDAO, has launched its stablecoin, USDS, on the Solana blockchain. The lending protocol will leverage Solana’s expanding decentralized finance (DeFi) landscape to promote stablecoin’s early adoption. дальше »

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Sky, formerly Maker, launches USDS stablecoin on Solana

Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.

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Exchange stablecoin ratio hits record low, fueling Bitcoin surge

The exchange stablecoin ratio (ESR) is an on-chain metric that indicates the balance of liquidity between Bitcoin and stablecoins held on exchanges. The metric is calculated as the ratio of the total Bitcoin reserves to the total stablecoin reserves, essentially showing the market’s buying power and selling pressure. дальше »

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Stablecoin market hits 2-year high of $183B amid Trump victory fueled optimism

The crypto market has witnessed a significant influx of about $10 billion in new capital following President Donald Trump’s victory in the US elections on Nov. 5. DeFiLlama data shows that Tether’s USDT led the charge, rising $8 billion to a new record of $128 billion. дальше »

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Paxos acquires Membrane Finance for EU stablecoin expansion

Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license.

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PayPal taps Xoom for cross-border stablecoin payments

The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said.

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Paxos to acquire Membrane Finance to expand into EU market

Paxos, a prominent stablecoin issuer, has reached an agreement to acquire Membrane Finance, a Finland-based electronic money institution, in a strategic move to gain access to the European Union. This acquisition comes about five months after the EU’s stablecoin regulations, part of the broader Markets in Crypto Asset (MiCA) framework, were implemented. Crypto firms are […] дальше »

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Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access

Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland. дальше »

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Binance launches BFUSD stablecoin offering 19.55% APY

Binance has introduced a new stablecoin, BFUSD, with an annual percentage yield of 19.55%. The stablecoin is designed to appeal to crypto users seeking passive income.  The total supply of BFUSD is capped at 20 million tokens, and the stablecoin… дальше »

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Binance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacks

Binance clarified its forthcoming BFUSD asset is not a stablecoin after crypto users showed concerns over its promise of high yields. дальше »

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Binance launches yield-bearing stablecoin BFUSD with roughly 20% APY

Binance has launched BFUSD, a yield-bearing stablecoin for futures and perpetuals traders, according to a Nov. 18 announcement. BFUSD provides an annual percentage yield (APY) of approximately 19. дальше »

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Binance launches yield-bearing stablecoin-like token BFUSD with roughly 20% APY

Update: Binance has stated that BFUSD is not a stablecoin but a “reward-bearing margin asset for futures trading. ” It has not yet been clarified further. ] Binance has launched BFUSD, a yield-bearing stablecoin-like token for futures and perpetuals traders, according to a Nov. дальше »

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Japan’s DMM Crypto shuts down Seamoon Protocol amid challenges

Just a few months ago, it was thinking about issuing a stablecoin. Now, it's unsustainable. 

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Mercado Bitcoin launches MBRL stablecoin on the TRON blockchain, pegged to the Brazilian real

The MBRL launch on TRON could accelerate blockchain adoption in Brazil, enhancing financial accessibility and digital currency integration. The post Mercado Bitcoin launches MBRL stablecoin on the TRON blockchain, pegged to the Brazilian real appeared first on Crypto Briefing. дальше »

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Ripple Accelerates Stablecoin Launch With RLUSD Transfers to Unknown Ethereum Wallets

Ripple unleashes RLUSD stablecoin in mysterious Ethereum transfers дальше »

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Kraken-backed stablecoin issuer Quantoz to launch two MiCAR compliant tokens

Dutch fintech firm Quantoz to roll out MiCAR-compliant stablecoins pegged to the euro and U.S. dollar in a bid to facilitate payments and transfers across markets. Quantoz Payments, a Netherlands-headquartered payment tech firm, plans to debut two MiCAR-compliant stablecoins —… дальше »

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Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins

The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year. дальше »

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Surge In Stablecoin Flows Signals Market Turbulence And Potential Price Spikes

November has seen a notable uptick in stablecoin netflows into derivative exchanges, indicating that traders are preparing for leveraged positions. This shift points to a growing appetite for risk-taking in the crypto market. дальше »

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Ripple Suddenly Burns 53 Million RLUSD Ahead of Stablecoin Launch

Ripple's massive stablecoin burn sets stage for explosive market entry дальше »

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Ondo introduces 24/7 conversions between PayPal USD and OUSG

Ondo Finance has introduced instant conversions between its tokenized short-term U.S. treasuries fund and the stablecoin PayPal USD. According to an announcement, investors will soon be able to convert in and out of Ondo’s (ONDO) core product – the Ondo… дальше »

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London-based stablecoin firm BVNK targets $50m funding amid crypto boom

A Bloomberg report reveals stablecoin payments provider BVNK is reportedly in early discussions to raise at least $50 million in a fresh funding round, highlighting growing investor interest in the digital payments sector. дальше »

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Tether simplifies tokenization for business with new platform

World largest stablecoin issuer Tether has unveiled a real world asset tokenization platform that allows businesses to tokenize assets ranging from stocks, bonds, equities, loyalty points, and stable coin. дальше »

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Stablecoin firm BVNK looks to raise $50m amid market surge

The London-based stablecoin startup BVNK is exploring a new funding round, aiming to raise $50 million, as investor appetite for the sector grows. Stablecoin payments firm BVNK is said to be in early discussions to raise at least $50 million… дальше »

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How Tokenized Money Market Funds Dulled the Stablecoin Star

Regulatory uncertainty around yield-bearing stablecoins has allowed regulated tokenized yield-bearing instruments like money market funds to steal thunder, says Aaron Kaplan, co-CEO of Prometheum. дальше »

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French firm SG-FORGE plans EURCV stablecoin launch on XRP Ledger

SG-FORGE, the digital asset subsidiary of Societe Generale, is set to launch its Euro-pegged stablecoin EURCV on the XRP Ledger (XRPL), a move aimed at enhancing cross-border payment systems in Europe. дальше »

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Tether Unveils New Platform to Simplify Asset Tokenization for Businesses, Nation-States

The tokenization platform is part of Tether's ambition to diversify its business from issuing the $126 billion USDT stablecoin. дальше »

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French firm SG-FORGE to launch stablecoin on XRP ledger

Societe Generale-FORGE is set to launch its euro-pegged stablecoin, EURCV, on the XRP Ledger in 2025.  The launch on XRPL marks SG-FORGE’s latest expansion in their multi-chain approach, following earlier deployments on Ethereum (ETH) and Solana (SOL).  By moving onto… дальше »

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SocGen Crypto Arm to Bring Its Euro Stablecoin to XRP Ledger, Lays Out Plan for Going Multichain

The French financial services firm said earlier this year it will also expand EURCV to the Solana network after struggling to attract users on Ethereum. дальше »

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Binance will launch USUAL stablecoin on Nov. 19

Binance will be the first platform to launch the stablecoin USUAL on Nov. 19. The crypto exchange will provide trading support for USDT and USUAL trading pairs. In a notice published on Nov. 14, Binance announced the 61st project that… дальше »

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Curve Finance launches scrvUSD, a decentralized yield-bearing stablecoin

Curve Finance launches yield-bearing stablecoin, Savings-crvUSD (scrvUSD). scrvUSD stabilizes borrowing rates and enhances DeFi composability. Curve has partnered with The Open Network to boost ecosystem integration and efficiency. дальше »

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Transfero integrates Wormhole as interoperability provider

Transfero, a stablecoin issuer focused on Latin American currencies, has tapped Wormhole as its interoperability provider. The Brazil-based fintech company announced the development on Nov. 13, noting that integrating Wormhole (W) will help power its stablecoins amid a multi-chain approach.… дальше »

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USDT inflows hit record highs: What this means for Bitcoin and the market

The USDT exchange reserve has surged to its highest in history. The surge coincides with BTC's ATH and general market capitalization.  The stablecoin market has witnessed a significant mileThe post USDT inflows hit record highs: What this means for Bitcoin and the market appeared first on AMBCrypto. дальше »

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PayPal USD links with LayerZero for transfers between Ethereum and Solana

PayPal’s US dollar-pegged stablecoin has integrated crosschain bridge LayerZero to allow native transfers of PYUSD between the two networks. дальше »

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Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto

Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted. дальше »

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Tether prints $5 billion USDT in 5 days adding to bull run market liquidity

Tether has minted $5 billion worth of the USDT stablecoin over the past week amid Bitcoin’s rally near the $90,000 milestone. Data from blockchain analytics platform SpotOnChain reveals that Tether began this series of USDT issuances with $1 billion minted on Nov. дальше »

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Ripple President Clarifies RLUSD Stablecoin Demand Ahead of Launch

Ripple President Monica Long discusses thriving stablecoin market дальше »

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