As the cryptocurrency market rebounds, FTX is distributing a massive $5 billion in stablecoins to its creditors. This strategic payout comes amidst growing optimism and regulatory clarity, setting […]
U.S. Senate Moves Forward with GENIUS Act to Regulate Stablecoins
The U.S. Senate is poised to take a significant step in regulating stablecoins with the upcoming debate of the GENIUS Act. Senators Bill Hagerty and Kirsten Gillibrand, leading […]
Bitget Lists Ripple USD (RLUSD) to Expand Stablecoin Offerings
Bitget, a prominent cryptocurrency exchange and Web3 company, has announced the listing of Ripple USD (RLUSD) on its spot trading platform. This move expands Bitget’s stablecoin offerings as […]
Circle Halts $57 Million in USDC Tied to Controversial Libra Token Scandal
Circle, the company behind the popular stablecoin USD Coin (USDC), has frozen nearly $58 million worth of cryptocurrency associated with the ongoing LIBRA memecoin scandal. This action marks […]
Ripple’s RLUSD Stablecoin Listed on Bitget: A Shift in Crypto Market Priorities
Ripple’s USD-pegged stablecoin, RLUSD, is now available for trading on Bitget’s platform. This listing marks a significant step forward for both companies and signals an evolving trend in […]
Crypto Scandal Rocks USDC Market: $57 Million Frozen in Circle Freeze
A significant legal case involving the collapsed memecoin LIBRA has frozen nearly $57.65 million in USDC, a stablecoin connected to the cryptocurrency’s downfall. This incident highlights concerns about […]
China Oil Capital Remains Distant from Stablecoin Ventures
China Oil Capital has clarified its stance on stablecoins by stating on its interactive platform that it is currently not engaged in any ventures related to these assets. […]
Rain Extends Support to Solana, Tron, and Stellar, Expanding Stablecoin Card Program Reach
Rain, a global card issuing platform powered by stablecoins, has added native support for Solana, Tron, and Stellar, significantly expanding the reach of its partner-led stablecoin-powered card programs. […]
USD1 Stablecoin Secures DeFi with Integration into Kernel DAO
World Liberty Financial (WLFI), a stablecoin issuer backed by U.S. Treasuries, has partnered with Kernel DAO to integrate its USD1 stablecoin into the decentralized application ecosystem. This collaboration […]
Bitget Adds Ripple’s RLUSD Stablecoin to Spot Trading Platform
Cryptocurrency exchange Bitget has expanded its USD-backed token offerings by listing Ripple’s RLUSD stablecoin on its spot trading platform. This move brings the stablecoin to a growing number […]
USD1 Stablecoin: An Introduction to Trump-Backed Finance
USD1, a stablecoin backed by U.S. bank deposits and Treasuries, is designed for institutional use and cross-border finance. Launched by World Liberty Financial (WLFI), founded by former President […]
Bitget Adds Support for Ripple USD Stablecoin, RLUSD
Cryptocurrency trading platform Bitget has expanded its offerings by listing the Ripple USD stablecoin (RLUSD), marking another significant step for the project. Users can now deposit and trade […]
FTX to Distribute $5 Billion in Stablecoins: Massive Liquidity Event for Crypto Market
FTX, facing a legal battle and undergoing a restructuring process, is set to distribute nearly $5 billion worth of stablecoins to creditors on May 30th. This unprecedented move, […]
Court Halts $57M USDC Linked to LIBRA Memecoin Scandal
A federal court in New York has frozen approximately $57.65 million worth of USDC assets as part of the investigation into the collapsed LIBRA memecoin project. This action […]
Circle Freezes $57 Million USDC Transfer, Raising Concerns About Centralized Control
Circle has taken action by freezing a massive $57 million transfer of USDC on the Solana network, raising questions about its control over stablecoins and their impact on […]