Robinhood, Kraken, Paxos launch Global Dollar stablecoin network

2024-11-5 05:17

Major firms from crypto and traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.

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Источник: cointelegraph.com

network dollar → Результатов: 126

Paxos launches USDG global dollar network with partners including Robinhood, Kraken

Paxos has joined forces with major industry players to launch the Global Dollar Network, a strategic initiative aimed at accelerating stablecoin adoption worldwide. The partnership, announced on Nov.

2024-11-5 16:07
paxos dollar network global aimed initiative accelerating

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Paxos Issues New Yield-Bearing Legally Compliant Stablecoin

Paxos issued a new stablecoin, the Global Dollar (USDG), which is legally compliant with Singapore’s monetary laws. Unlike other legally compliant stablecoins, USDG will distribute a large portion of the interest earned on reserves to market participants that help propagate the stablecoin network.

2024-11-5 14:10	StableCoin
compliant legally stablecoin paxos new usdg interest

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Paxos Launches New Stablecoin with Kraken, Robinhood, and Other Crypto Firms

Paxos launches USDG, a new stablecoin on the Global Dollar Network, with support from industry giants and initial issuance in Singapore. The post Paxos Launches New Stablecoin with Kraken, Robinhood, and Other Crypto Firms appeared first on BeInCrypto.

2024-11-5 12:56	Crypto News
paxos stablecoin launches new crypto firms kraken

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Kraken, Galaxy Digital, and Robinhood back USDG via Global Dollar Network

Prominent cryptocurrency-focused firms like Kraken, Galaxy Digital, and Robinhood have joined forces to back the Global Dollar, a regulated yield-bearing stablecoin developed by stablecoin issuer Paxos.

2024-11-5 09:58	DeFi
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Robinhood and Kraken launch new global stablecoin network with Paxos’s USDG

Robinhood, Kraken, and Paxos launch the Global Dollar Network with USDG, a compliant stablecoin offering yield incentives for adoption. The post Robinhood and Kraken launch new global stablecoin network with Paxos’s USDG appeared first on Crypto Briefing.

2024-11-5 01:41	Markets
network usdg robinhood stablecoin paxos global kraken

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New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies

The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.

2024-11-5 01:00	Circle
digital dollar global adoption foster helping yield

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Paxos expands yield-bearing stablecoin USDL to Arbitrum

Paxos International has launched its yield-bearing stablecoin Lift Dollar on Ethereum layer-2 network Arbitrum. The UAE-based subsidiary of Paxos, regulated by Abu Dhabi’s Financial Services Regulatory Authority, announced the expansion of Lift Dollar (USDL) to Arbitrum (ARB) on Oct. 9.…

2024-10-9 18:43	StableCoin
arbitrum paxos lift dollar stablecoin yield-bearing usdl

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Dragonfly-incubated stablecoin AUSD goes live on Sui

The Sui blockchain is broadening its stablecoin offerings by adding Agora’s AUSD, following its earlier launches on Ethereum and Avalanche. Agora, a stablecoin company backed by Dragonfly, has launched its Agora Dollar (AUSD) stablecoin on Sui, the layer-1 blockchain network…

2024-9-5 17:00	StableCoin
stablecoin sui agora ausd blockchain dragonfly company

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SWIFT-like bridge for stablecoins UDPN adds support for Australian Digital Dollar

The Universal Digital Payments Network has announced the integration of the Australian Digital Dollar into its platform, expanding its support for regulated stablecoins. Launched in Davos as a bridge between centralized and decentralized digital currency systems, the Universal Digital Payments…

2024-9-4 10:13	SWIFT
digital dollar payments bridge universal stablecoins support

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Decentralized exchange GMX lists two revenue-generating assets on Arbitrum (ARB)

GMX decentralized exchange has listed two revenue-generating assets on the Arbitrum network. The two – Lido’s wrapped staked Ether (wstETH) and Ethena Labs’ synthetic dollar (USDe)- will support an ETH/USD perpetual futures marketplace on GMX version 2.

2024-8-4 20:45	USD
two gmx decentralized assets arbitrum revenue-generating exchange

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PayPal banks on Solana’s stablecoin dominance to bolster PYUSD adoption

PayPal said it has expanded its US dollar stablecoin PYUSD to the Solana blockchain network to empower its users with fast, secure, and cheaper stablecoin transactions, according to a May 29 statement.

2024-5-30 19:30	solana
stablecoin pyusd solana paypal fast empower users

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Ethena (ENA) surges 13.5% as researcher forecasts 100x growth in altcoin season

Ethena (ENA), the synthetic U. S. dollar protocol built on the Ethereum network, recorded a significant surge as a renowned crypto researcher predicts a 100x rise during an anticipated altcoin season.

2024-5-6 11:16
ena altcoin ethena 100x season researcher rise

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Tether Seeks to Boost Peer-to-Peer Payments on Telegram by Expanding Dollar, Gold Stablecoins to TON Network

The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.

2024-4-19 14:08	Tether
ton network telegram rapid seen growth users

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ENA plunges 17% amid declining exchange activity

Ethena (ENA), the synthetic U.S. dollar protocol built on the Ethereum network, recorded a notable plunge as the market witnessed bearish sentiment. ENA is down by 17% in the past 24 hours and is trading at $0.84 at the time…

2024-4-18 10:28
ena down witnessed bearish sentiment hours time

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Singapore-based blockchain startup aelf joins AI race with $50m fund

Blockchain startup aelf has unveiled a new $50 million ecosystem fund aimed at prioritizing the integration of artificial intelligence into the blockchain. Singapore-headquartered blockchain ecosystem aelf is launching a new multi-million dollar initiative to transition from a decentralised network to…

2024-4-12 15:11	blockchain
blockchain aelf new ecosystem fund startup launching

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Conflux Network introduces AxHKD, Hong Kong Dollar-Backed Stablecoin

Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar (HKD)-backed stablecoin, AxHKD.

2024-3-11 07:34	Press releases
stablecoin kong hong conflux axhkd network role

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Conflux Network launches Hong Kong dollar-backed stablecoin

Conflux Network, a public blockchain in China, has announced testing of the AxHKD stablecoin, backed by the Hong Kong dollar.

2024-3-9 18:28	StableCoin
stablecoin conflux kong hong network axhkd dollar

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Will the Pi Network mainnet launch in 2024?

Pi Network’s users ended another year without the mainnet launch, meaning that they can still not exchange their Pi coins for fiat currencies like the US dollar and euro. They can also not swap their coins for cryptocurrencies like Bitcoin and XRP.

2024-1-3 12:30
like mainnet network launch coins currencies euro

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Operations resume on HTX after suspicious transfers lead to $100m combined exploit

On Nov. 22, the cryptocurrency exchange linked to Justin Sun HTX (formerly Huobi) commented on a recent attack on the platform resulting in the multi-million dollar loss. Earlier this week, reports surfaced that HTX and the HECO network were hacked…

2023-11-23 12:41	justin sun
htx loss earlier multi-million platform resulting week

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Operations ‘expected to resume’ on HTX after $100m exploit

2023-11-23 12:41	justin sun
htx earlier week loss multi-million resulting reports

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Dollar/Yen Trading Volume Surpasses Bitcoin on DeFi Platform Gains Network

Gains Network, initially released on Polygon and later on Arbitrum, allows users to trade financial derivatives of cryptocurrencies, foreign exchange and commodities by matching buy-sell orders using smart contracts.

2023-10-26 15:15	News
network gains contracts foreign cryptocurrencies financial derivatives

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Crypto price prediction: Loom Network, ThorChain, Lido DAO (LDO)

Cryptocurrencies had another difficult week even as the US dollar index (DXY) and bond yields rally waned. Bitcoin dropped back to $26,000 while Ethereum slumped to the lowest level in months. There was no major news except the ongoing trial of Sam Bankman-Fried (SBF).

2023-10-14 20:35	Analysis
slumped lowest ethereum level dropped back months

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Celo unveils 2-megabyte stablecoin wallet for Opera Mini

Built into Opera Mini, the MiniPay self-custodial stablecoin wallet sends and receives transactions in less than 5 seconds, Celo claims. Opera has developed a new dollar stablecoin wallet on the Celo network for its Android browser Opera Mini to bring…

2023-9-13 14:26	StableCoin
opera mini celo wallet stablecoin dollar network

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Shinhan Bank, SCB TechX pilot cross-border stablecoin payments on the Hedera

Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances. The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the Thai Baht (THB), and the New Taiwan dollar (NTD).

2023-7-19 23:45	StableCoin
bank shinhan payments hedera scb stablecoin techx

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Tracing the Cardano journey as ADA gains momentum

In terms of dollar value locked, Cardano recorded impressive weekly and monthly gains. Riding on XRP's legal relief, ADA's value jumped 12% over the last week. Proof-of-stake (PoS) network CThe post Tracing the Cardano journey as ADA gains momentum appeared first on AMBCrypto.

2023-7-17 21:30	News
gains cardano ada tracing value momentum journey

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Fantom Foundation Addresses Community On Multichain Exploit, Endorses Two Bridging Solutions

Today, the Fantom Foundation addressed its community on the multi-million dollar exploit on Multichain, acknowledging the difficult situations of its network users, token holders, and liquidity providers (LPs).

2023-7-13 00:00
fantom exploit multichain foundation community users token

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Lightning Network Hits Record Highs In Bitcoin And US Dollar Capacity

The Lightning Network, Bitcoin’s Layer 2 payment protocol, has achieved a new landmark, reaching an all-time high in Bitcoin capacity, a pivotal move underscoring the network’s continued growth and increased adoption.

2023-6-26 15:30	USD
network bitcoin capacity lightning high all-time pivotal

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TMS Network (TMSN) Million Dollar Investments Showcases Industry Expert Interest, while Coins like Apecoin (APE) and Shiba Inu (SHIB) Struggle to Gain New Incentive

TMS Network (TMSN) has undoubtedly emerged as a formidable player in the cryptocurrency market, experiencing significant success. On the other hand, Apecoin (APE) and Shiba Inu (SHIB) have faced challenges in attracting new investors.

2023-6-2 08:53	Press releases
shiba ape inu shib tms apecoin new

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Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD.

2023-5-28 15:00	BNC insights
usd stably bitcoin brc20 stablecoin launching market

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Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

Renton, United States, May 25th, 2023, Chainwire Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD.

2023-5-26 16:09	Press Release
usd stably stablecoin bitcoin brc20 nascent ordinals

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Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

2023-5-25 16:03	Press releases
usd stably stablecoin bitcoin brc20 nascent ordinals

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TMS Network (TMSN) Soars With a Staggering Million Dollar Investment, Leaving Litecoin (LTC) And XRP (XRP) in The Dust

TMS Network (TMSN) is making waves in the world of cryptocurrency, as evidenced by its impressive $4 million raised in the second stage of its ongoing presale. In contrast, industry heavyweights Litecoin (LTC) and XRP (XRP) pale in comparison.

2023-5-3 09:10	Press releases
xrp tms litecoin ltc million tmsn network

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Crypto price predictions: Dogecoin, XRP, Casper Network

Cryptocurrency prices went nowhere this week as focus remained on the happenings in the United States, where data revealed that the economy was weakening. Bitcoin price remained in a consolidation phase even as the US dollar index (DXY) plunged.

2023-4-8 13:41	XRP
price remained economy weakening data revealed bitcoin

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Toncoin (TON), Algorand (ALGO), OKB and Collateral Network (COLT) set to surge in 2023

Toncoin and OKB go from strength to strength in terms of price action, Algorand face trouble after a $9 million dollar hack of the MyAlgo wallet, whilst Collateral Network, a new platform that allows people to use real world assets as collateral to borrow cryptocurrencies, release their token COLT in the first stage of its […]

2023-3-29 17:15	Press releases
collateral algorand strength okb colt toncoin network

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Bitcoin Lightning Network growth is organic, coming from real-world adoption

Bitcoin Lightning Network adoption receives a boost with the launch of U.S. dollar payments and the decentralized social media platform Nostr.

2023-2-23 20:32	Africa
adoption bitcoin lightning network dollar payments social

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Crypto price predictions: Solana, Theta Network, HOOK

Solana price has formed a triple-top pattern and a head and shoulders. Theta Network has moved above the cup and handle pattern. Hooked Protocol’s HOOK has surged above its all-time high. Cryptocurrency prices moved sideways this week as the US dollar index continued its downward trend.

2023-1-27 14:39
pattern above moved theta hook solana network

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Tron Network USDD Stablecoin Wobbles from Dollar Peg Amid Latest Crypto Crisis

The Tron network's algorithmic stablecoin, the $700 million USDD, fell to 97 cents from its supposed $1 anchor.

2022-11-10 04:37	Markets
tron stablecoin network usdd fell supposed anchor

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Acala возобновил работу после сжигания стейблкоинов на $2,7 млрд

Мультифункциональный децентрализованный сервис Acala Network возобновил работу после сжигания стейблкоинов Acala Dollar (Acala) на $2,7 млрд. В августе сотрудники Acala идентифицировали уязвимость в программном обеспечении пула ликвидности, в результате которой по ошибке было выпущено свыше 3 млрд Acala.

2022-10-6 11:24	DeFi
acala млрд сжигания стейблкоинов возобновил работу которой

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Polkadot’s Native Stablecoin aUSD Depegs Following Exploit

Attackers have struck the markets again; this time, the Acala network is on the receiving end. A few hours ago, reports broke out that the Acala dollar aUSD is being messed with by hackers who Issued 1.

2022-8-15 17:48	Polkadot
acala ausd broke out reports ago hours

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Galoy Brings U.S. Dollars To Bitcoin’s Lightning Network

In addition to its new bitcoin-backed U.S. dollar balance on Lightning, Galoy also announced a $4 million raise.

2022-8-4 15:00
galoy lightning balance raise dollar announced bitcoin-backed

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Solana Attack: Network Suffers Multi-Million Dollar Hack, Wallets Drained

Solana Network attack: A multi-million dollar hack unfurled on Wednesday as horrified users watched their funds be completely drained. The post Solana Attack: Network Suffers Multi-Million Dollar Hack, Wallets Drained appeared first on BeInCrypto.

2022-8-3 05:18
dollar hack solana multi-million drained attack network

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Why Justin Sun Reported A 500% APR To Short TRX On Binance

TRON (TRX) founder Justin Sun has come out in defense of the network stablecoin, USDD. The digital asset began deppeging from the U. S. dollar value and hinted at another catastrophic event in the crypto market, like the one experienced by Terra (LUNA) and its native stablecoin UST.

2022-6-13 18:22
trx justin sun stablecoin catastrophic another hinted

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UPFI Network integrates Chainlink Price Feeds on Solana for stablecoin operations

According to an official announcement on Wednesday, UPFI Network has incorporated Chainlink Price Feeds into the Solana mainnet. Soft-pegged to the U. S. dollar, UPFI is a partly collateralised and partially algorithmically stablecoin platform.

2022-6-9 18:10
upfi solana stablecoin feeds network chainlink price

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What Cardano’s Hoskinson Said About Terra: In The End Slow Wins

Inventor of Cardano and Input-Output Global (IOG) CEO, Charles Hoskinson, gave his opinion on the recent events related to the crash in the Terra Classic network, formally known as Terra. A collapse in the price of its native token LUNA caused the algorithmic stablecoin UST to deppeged from the U.

2022-6-1 01:00	ADAUSDT
terra cardano related hoskinson price native token

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Jarvis Network Partners With $NZDS Issuers Techemynt - Offers More Efficient Capital Markets

Jarvis Network has partnered with New Zealand Dollar stablecoin ($NZDS) issuers Techemynt to offer more efficient capital markets, generate yield-bearing opportunities and cross-border payments.

2022-5-26 05:00	BNC insights
efficient capital markets jarvis techemynt issuers network

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Terra’s BTC Buying Spree Effect On Bitcoin Price

The ecosystem of layer 1 Terra has been on the rise for the past year. Apart from being cheap and easy to use, one of the best features of Terra is its native stablecoin UST. The coin is pegged to the US dollar and can be used to pay for gas fees on the network. […]

2022-5-9 17:36	Terra
terra ust coin pegged stablecoin native features

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Taro, Issue & Send Any Asset Through Bitcoin’s Lightning Network. Do We Need It?

The Taro protocol is the first big announcement to come out of the Bitcoin 2022 conference. With “bitcoinizing the dollar” as its target and Lightning Labs behind it, the news blew up in Bitcoin-Twitter after being strategically released the night before the event of the year kicks off.

2022-4-7 19:26
taro bitcoin lightning bitcoin-twitter being behind labs

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Bitcoin Leads the Market in Losses, is it Time to Buy?

Between Bitcoin’s active network profit/loss, support line at $37k, rising social volume, and massive recent token age consumed, there is a lot to uncover. Currently, Bitcoin has extended decline below the $40,000 support against the US Dollar and is trading…

2022-2-21 14:00
bitcoin support lot currently uncover age consumed

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Cros Network: Bringing Cross-Platform Advertising to the Metaverse

The metaverse offers endless opportunities to businesses and individuals, and some media reports even indicate that the metaverse will be a one trillion dollar industry. Now, those are some big figures.

2022-2-9 18:23	Industry
metaverse one trillion big figures those industry

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