SOL Price Reacts As Visa Expands Stablecoin Settlement Pilot To Solana

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VISA’s Stablecoin Payments On Solana Propel SOL To 5% Gain, Bulls Eye Price Breakout

Payment giant VISA has significantly moved in the digital currency space by expanding its stablecoin settlement services to the Solana (SOL) blockchain.   According to recent announcements, the company aims to enhance the capabilities of traditional payment systems through this pilot program, which is currently in the testing phase.

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Euro Stablecoin on Solana Expected to be Fully MiCA Compliant

Membrane Finance introduces Solana's first euro stablecoin, EUROe, expanding blockchain transaction possibilities in Europe.

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Circle receives digital token license in Singapore

Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated…

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Circle Launches Euro Coin on Avalanche: Expanding Stablecoin Support Beyond Ethereum

Circle, a well-known stablecoin issuer, has released the Euro Coin on the Avalanche network, marking a huge extension beyond its Ethereum basis, in a bold move intended to increase stablecoin accessibility.

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New USDT Integration Allows Telegram Users To Send Crypto In Chat

The messaging app Telegram has added support for the stablecoin giant USDT on its wallet bot, according to a CoinDesk report. With this integration, users can now buy and sell USDT directly within the app, expanding the app’s cryptocurrency capabilities.

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Cardano (ADA) Stablecoin Djed and Shen (SHEN) Added to This Platform as Borrowable Assets

Cardano-based stablecoin and its reserve token are expanding their utility

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BIS committee and IOSCO issue guidance for regulation of stablecoin arrangements

The international organizations affirm the "same risk, same regulation" principle by extending decade-old rules to the rapidly expanding new financial technology.

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Tether Eyes Mexican Market With Peso Stablecoin

Tether, the company behind the largest dollar-pegged stablecoin on the market, USDT, has launched a new stablecoin pegged to the Mexican Peso. Tether Launches Fourth Stablecoin Tether is expanding its...

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Inflation-linked stablecoin from Frax Finance is a big deal, here’s why

Frax Finance will soon launch the Frax Price Index (FPI) token, expanding the firm’s suite of protocol offerings. The post Inflation-linked stablecoin from Frax Finance is a big deal, here’s why appeared first on CryptoSlate.

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Terra expands reserve for UST beyond Bitcoin, buys $100 million Avalanche

Terra’s founder Do Kwon announced in March that the blockchain network will buy $10 billion worth of Bitcoin as a reserve for its algorithmic stablecoin, UST.  The network has bought $1.6 billion worth of the flagship digital asset, so far, and reports have now emerged that it is expanding its reserve for UST to another […] The post Terra expands reserve for UST beyond Bitcoin, buys $100 million Avalanche appeared first on CryptoSlate.

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Paxos secures approval from Singapore’s financial regulator

The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia.

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Tether (USDT) Launches on Avalanche Which is Burning Fees at Increasing Speed

The Largest stablecoin with a market cap of nearly $59. 5 billion, Tether is further expanding to now cover Avalanche as well. Launched in late 2014, Tether is already supporting Bitcoin, Ethereum, EOS, Liquid Network, Omni, Tron, Algorand, and Solana blockchains.

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Acala Network, Karura Receive Backing from Coinbase Ventures

Polkadot’s decentralized financial hub Acala today welcomed Coinbase Ventures into its rapidly expanding ecosystem. Coinbase Ventures Backs Acala and Karura for Polkadot DeFi In an announcement made on April 1, Acala Network – the decentralized financial hub and stablecoin of Polkadot that enables fast and easy to use or build financial applications – stated itRead More

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UK Treasury Opens Public Consultation on Crypto and Stablecoin Regulations

The U. K. government is moving forward with its plan to harness the expanding crypto and digital asset market by organizing a public consultation on planned stablecoin and cryptocurrency regulations.

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Sprawling DeFi Sector Pushes Tether (USDT) to $15 Billion

The total market cap of Tether (USDT) has crossed $15 billion for the first time. The expanding DeFi sector appears to be driving usage of the controversial stablecoin. The USDT market has increased by around $3 billion in the last month alone.

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POKKET Expands High-yield Savings Plan Range and Adds Stablecoin Options

Coinspeaker POKKET Expands High-yield Savings Plan Range and Adds Stablecoin OptionsPOKKET, a platform that offers structured savings products for dozens of different cryptocurrency tokens, has just announced it will be expanding its range to support an additional 15 different ERC20 tokens.

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Ethereum-Based Celsius Network Bags $10 Million Funding from Tether

Controversial stablecoin Tether is leading a $10 million investment in lending platform Celsius network, the latter announced on June 23. Expanding Product Suite Celsius is an Ethereum-based lending program that claims to manage over $680 million and has paid over $17 million to pool investors thus far.

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Facebook Affirms Libra Commitment With 50 New Job Openings in Ireland

Libra may have been scaled back but Facebook is significantly expanding the team working to support the stablecoin project.

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Another $10M Binance USD (BUSD) Issued to Calm Markets

Binance is expanding its own stablecoin Binance USD (BUSD). Its partner PAX Treasury has just issued another 10,000,000 BUSD. Binance continues to grow its own stablecoin BUSD with the help of the PAX Treasury.

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Fresh Money Enters Cryptocurrency Market as $10M USDC Is Minted

USDC Treasury is minting another 10,000,000 USDC as Bitcoin (BTC) continues to hold the $10,000 price level. The second-largest stablecoin is expanding its circulating supply further as it injects another 10,000,000 USDC into the cryptocurrency.

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Crypto exchange company Kraken grows OTC desk as it acquires Circle Trade

The over-the-counter (OTC) desk of crypto exchange Kraken will be expanding, as the company announced today it has acquired Circle Trade, the crypto OTC desk of digital money company Circle. Circle has divested much of its crypto exchange businesses in the past months to focus on its USDC stablecoin product.

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Crypto Payment Processor BitPay Adds 3 Stablecoins For Merchants; GUSD, PAX, And USDC

The largest provider of blockchain payment services, BitPay, is expanding their reach into cryptocurrency. According to a recent press release shared with us by BitPay, the provider will now be offering stablecoin payments, benefiting consumers and merchants around the world.

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OKEx Officially Launches USDT-Settled Futures

OKEx introduces stablecoin settlement, expanding the possibility for taking crypto positions.

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CUSD ? Canada Launches Second Stablecoin This Year

Several months after Canada launched its first stablecoin CADT, it has released another one as the country is expanding its presence in the digital finance industry

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EOS Wallet Lumi Now Supports EOSDT and NUT

Coinspeaker EOS Wallet Lumi Now Supports EOSDT and NUTLumi Wallet is expanding its EOS tokens collection – now the EOSDT stablecoin, the price of which is linked to the US Dollar, and the Native Utility Token (NUT) are available in the wallet.EOS Wallet Lumi Now Supports EOSDT and NUT

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Ripple’s David Schwartz proposes XRP-collateralized stablecoin to improve XRP ledger

Ripple CTO David Schwartz recently expressed his opinion on how to improve the XRP ledger in terms of functionality, as well as expanding its significant reach to a wider ecosystem. In a recent blog post released by Schwartz, the CTO proposed that the creation of a stablecoin collateralized with XRP was the answer in this […] The post Ripple’s David Schwartz proposes XRP-collateralized stablecoin to improve XRP ledger appeared first on AMBCrypto.

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Tether (USDT) Launches Digital Yuan Before PBoC

Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency.   Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan.

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Texas Bitcoin ATM Maker Coinsource Eyes Stablecoin & Remittances

Texas-based Bitcoin ATM maker Coinsource is adding a stablecoin to the mix. The company is expanding to include the Dai stablecoin in its machines, according to a report in Reuters.   Coinsource is also reportedly gearing up to launch a remittance service, and Dai should shield users from the volatility that’s inherent in the cryptocurrency market.

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BNP Paribas and Octopus Ventures Lead $16.5 Million Funding Round for Token Stablecoin Banking Startup

Opera Tech Ventures, a subsidiary of BNP Paribas, and Octopus Ventures have led a $16. 5 million funding round for Token, a stablecoin open banking platform. Token becomes the latest entrant in the expanding field of digital payment solutions utilizing elements of cryptocurrency and blockchain technology.

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Dai Stablecoin Now an In-Game Currency for Axie Infinity

Maker, the firm behind the Dai stablecoin, has partnered with the crypto-collectible online battle game, Axie Infinity. The move brings Dai to a vastly expanding videogame in which players “breed, raise, battle, and collect” digital pets called “Axies.

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Coinbase To Dethrone Tether, Its Stablecoin Now Available in 85 Countries

The major US-based cryptocurrency exchange Coinbase announces that they are looking to dethrone Tether (USDT) by expanding trading of… The post Coinbase To Dethrone Tether, Its Stablecoin Now Available in 85 Countries appeared first on Invest In Blockchain.

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Coinbase Rolls Out Trading in USDC Stablecoin to 85 Countries

Coinbase is expanding crypto-to-crypto trading in USD Coin, a dollar-pegged stablecoin, to a host of nations.

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Bitcoin’s 4th Largest Exchange to Support Tron Stablecoin

The liquidity of the Tron network is about to go to the next level. As we previously reported, Tether is expanding its USDT product to the Tron blockchain. Now the community has heard from a veteran exchange – USDT-Tron is going to list on OKEx.

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From Blanket Ban to Its Own Stablecoin: How Facebook’s Relationship With Crypto Changed Over 2018

After banning and unbanning crypto ads, Facebook reportedly proceeded toward its own cryptocurrency — and its blockchain division is steadily expanding as well. Here’s how the social media giant’s relationship with crypto has changed over the year

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Facebook Cryptocurrency Shows Path Forward is Integration, Not Domination

Blockchain, Cryptocurrency, Facebook–Last week, EWN reported on an industry rumor that Facebook, the social media giant with over 2 billion active users, was in the process of developing a new stablecoin cryptocurrency.

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Facebook makes the much anticipated dive into Crypto, a stablecoin backed by WhatsApp is currently in the works

Insiders sources have recently revealed that the leading social media platform Facebook, is currently expanding its structure with a major dive into the world of cryptocurrency. As reported by Bloomberg, the social media giant is making plans to incept cryptocurrencies into its messaging application WhatsApp.

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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.

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Bitcoin Price Analysis: Bitcoin Consolidation Forecasts $3,500 Move

A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors.

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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options

Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.

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True USD (TUSD) Stablecoin Ready To Help In Decentralizing The Dollar

Stablecoins have been expanding during the last years in the cryptocurrency market. They entered the market with the intention to provide a hedge against the inherent volatility of cryptocurrencies.

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