Global Dollar, a stablecoin issued by Paxos Digital Singapore, has expanded its reach to Solana blockchain. The expansion follows the stablecoin’s initial launch on Ethereum and was announced […]
Ripple’s RLUSD Volume Soars 327%, Igniting Stablecoin Surge Despite Market Downturn
Despite a struggling cryptocurrency market, Ripple USD (RLUSD) has experienced a significant surge in trading volume of 327%. This growth was fueled largely by European demand as revealed […]
Circle Wins Official Approval to Operate USDC and EURC in Dubai’s DIFC
Dubai’s Virtual Assets Regulatory Authority (VARA) has paved the way for increased competition within the stablecoin market by granting Circle official authorization to operate its USD Coin (USDC) […]
Infini Stablecoin Hack: $49 Million Drain Highlights Security Flaws
A hacking incident has drained $49 million from Infini’s stablecoin bank, exposing vulnerabilities in the platform’s security. The attacker exploited retained admin access to withdraw all available funds […]