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Nalezeno "Stablecoin": 3976

Ripple Completes Acquisition of Standard Custody & Trust Company


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...

Ripple CEO unveils RLUSD stablecoin at XRP Ledger Apex Summit


At the XRP Ledger Apex event, Brad Garlinghouse, the CEO of Ripple, revealed the name of the much-discussed stablecoin. The future digital currency, RLUSD, will introduce a revolutionary change in the Ripple network by providing a safe and stable way of executing trades. This exciting announcement...

Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit


In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed his fondness for the name, stating, “I like...

$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total


Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season;...

Tether, Nodo Partner to Drive Stablecoin and Bitcoin Education in Africa


Stablecoin issuer Tether has partnered with Nodo to educate prospective African users about the use cases of stablecoins and facilitate transactions with the former’s digital asset. The six-month campaign will include Ask Me Anything (AMA) sessions, workshops, and question-and-answer...

Lift Dollar, a new stablecoin from Paxos International


The new project exemplifies Paxos International’s dedication to supporting widespread stablecoin usage and industry expansion. The most notable advantage of the new offering is that investors will profit from the yield obtained on reserves. The new product introduction serves to solidify...

Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields


The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets...

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