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Franklin Templeton’s tokenized money fund launches on Arbitrum
8.8.2024
It’s a stamp of approval for the layer 2 from United States regulators
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
8.8.2024
The Galaxy-backed stablecoin project aims to attract DAO treasuries to allocate in their new stablecoin
Ethena Labs launches Solana version of USDe stablecoin
7.8.2024
USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift
Ethena Labs launches Solana version of USDe stablecoin
7.8.2024
USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift
Ethena Labs launches Solana version of USDe stablecoin
7.8.2024
USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift
Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration
7.8.2024
On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the stablecoin’s reserve backing. USDE Stablecoin Project...
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
6.8.2024
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%, while Ethena’s USDE saw an 8.82% decrease...
Euro stablecoin market surges under MiCA
6.8.2024
French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws were enacted
XRP Tanks 9% Amid Plans to Launch a Ripple Stablecoin
5.8.2024
The first week of August has brought a wave of fear to the markets as over a trillion…
Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa
4.8.2024
Canza Finance has partnered with stablecoin issuer WSPN to provide secure and efficient financial solutions to users in Africa and other emerging markets. With the integration of WUSD into Canza Finance’s ecosystem, African users will be able to smoothly convert fiat currencies to the WUSD...
Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes
3.8.2024
Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana. Running from Aug. 12 to Sept. 16, the hackathon aims to foster innovation and the adoption of PYUSD...
Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more
2.8.2024
This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm
EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert
2.8.2024
The European Central Bank recently joined forces with Crystal Intelligence, as its blockchain analytics partner for the upcoming MiCA implementation
Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR
2.8.2024
The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe
Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR
2.8.2024
The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe
BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring
31.7.2024
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers
Stablecoin growth soars as crypto global mass adoption ramps up
31.7.2024
Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market
USDC trading volume soars 48% in July, driven by MiCA, market growth
31.7.2024
The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022
Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany's
31.7.2024
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries
Tether Posts $5.2 Billion Profit in First Half of 2024
31.7.2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise...