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Nalezeno "USD-backed": 21

Crypto Exchange Bitget Debuts Yield-Bearing BGUSD Backed by RWAs

28.5.2025
Cryptocurrency exchange Bitget launched BGUSD, a stable asset certificate offering a 4% annual yield, backed by tokenized real-world assets (RWAs) including money market funds and U.S. Treasuries. New Bitget Stablecoin BGUSD Generates Yield from Tokenized Assets The product, announced on May...

Gold-backed vs USD-backed stablecoins: Key differences

21.4.2025
What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed digital currencies dates back to the early days...

Gold-backed vs USD-backed stablecoins: Key differences

Circle, BitGo about to apply for bank charters, others may follow: WSJ

21.4.2025
Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses.According to an April 21 Wall Street Journal report citing people familiar with the matter, Circle, BitGo and others are considering applying...

Michael Saylor’s Strategy bagged 6,556 Bitcoin for $555.8M last week

21.4.2025
Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000.Strategy acquired 6,556 Bitcoin for $555.8 million from April 14–20, at an average price...

Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant

19.11.2024
This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire...

Paxos launches USD-backed USDG stablecoin with DBS Bank

1.11.2024
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework

Ripple Completes Acquisition of Standard Custody & Trust Company

12.6.2024
Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial Services. It broadens Ripple’s portfolio...

Ethereum Classic launches first USD-backed stablecoin: Classic USD (USC)

15.5.2024
The Ethereum Classic proudly announces the launch of Classic USD, its premium stable coin denominated in American dollars. The recent announcement is a byproduct of the collaboration between Brale, a stablecoin issuer, and web3 developers at the Ethereum Classic system. The Classic USD stablecoin...

Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints

6.5.2024
Ripple stablecoin is supposed to be backed 1-to-1 by US Dollar deposits, US government bonds and other low-risk investments. The post Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints appeared first on Cryptonews

Ripple announces the release of USD-backed Stablecoin

5.4.2024
Ripple is a well-known service provider for crypto solutions and enterprise blockchain. It has announced plans to launch a stablecoin pegged 1:1 to the US dollar (USD). US dollar deposits, short-term US government treasuries, and other cash equivalents will fully fund Ripple’s stablecoin....

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator

16.11.2023
Source: Paxos Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity. With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos...

Palau to freeze USD-backed stablecoin after pilot launch in July

7.9.2023
Palau's USD-backed stablecoin build on XRP Ledger will be frozen on Sept. 15 as the government will be collecting feedback from users to shape the way ahead

USD-backed stablecoin pilot project launched by Pacific island nation of Palau

26.7.2023
The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees

Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin

1.6.2023
The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation

Jewel Bank, Polygon to launch Bermuda's first USD-backed stablecoin

15.12.2022
The JUSD stablecoin will allow real-time settlements for institutional investors in the territory

Paypal Coin: Payments Giant Explores Launching Stablecoin to Boost Crypto Offerings

9.1.2022
Paypal is reportedly working on a stablecoin backed by the U.S. dollar to expand its cryptocurrency offerings. “We will, of course, work closely with relevant regulators,” the company stressed. Paypal Is Exploring Launching Its Own USD-Backed Stablecoin Paypal Holdings Inc....

USD Backed by Gold, Believe 29% of Respondents + 11 More Crypto News

31.10.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Fiat news 29% of surveyed Americans believe that the U.S. dollar is still backed by gold, a recent survey of 1,000 respondents...

Former Employees of JPMorgan, Intel, and TrustToken to Launch New USD Backed Stablecoin

2.10.2019
Former employees of the world’s leading bank JPMorgan, tech giant Intel and crypto-blockchain company TrustToken have joined hands to launch a new USD-backed cryptocurrency called USD Digital (USDD). This stablecoin will be launched by the Global Currency Organization (GCO), a project started...

Binance to Launch USD-backed Stablecoin, Gets Approval in New York

5.9.2019
Major crypto exchange Binance said it partnered with Paxos Trust Company, a crypto custody company and issuer of stablecoins, in order to launch a new stablecoin, Binance USD (BUSD), later this month. "BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S....