MetaMask is set to enter the competitive stablecoin market by launching its own U.S. dollar-pegged token, mUSD. Scheduled for release as early as Thursday and a full rollout […]
USD1 Stablecoin Soars Past $2 Billion in Market Cap, Driven by Loyalty Program and Strategic Partnerships
WLFI’s USD1 stablecoin has experienced meteoric growth, reaching a market capitalization of $2.2 billion in less than three months. This rapid rise is attributed to the launch of […]
Circle Prepares for Financial Blow Amidst Rate Cut Pressure
Circle, the issuer of the popular USDC stablecoin, is facing a potential revenue hit due to the anticipated 100 basis point (1%) rate cut by the U.S. Federal […]
MetaMask’s New Stablecoin, mUSD, Set to Launch
MetaMask is poised to launch its own stablecoin, mUSD, marking a significant expansion of its presence in the Ethereum ecosystem. A recently surfaced governance proposal hinted at this […]
Circle & Stripe Launch Own Chains: Will Ethereum Face Competition?
In a move that shakes the cryptocurrency world, Circle and Stripe have unveiled plans for their own blockchain networks specifically designed for stablecoins. This development raises questions about […]
South Korea’s KRW Stablecoin: Uncertainty and Future Prospects
South Korea’s adoption of KRW stablecoins faces challenges due to unresolved regulatory policies. These restrictions impact financial markets, fintech initiatives like Kakao’s project, and overall market confidence. President […]
Circle Launches Arc Blockchain: Stablecoin Finance Redefined
Circle has launched its new Layer-1 blockchain, Arc, ushering in a fresh approach to stablecoin finance. This groundbreaking initiative utilizes USDC as the native gas token and aims […]
Ethena’s USDe Stablecoin: Revolutionizing Decentralized Hedging
ENA, the native token of Ethena, has surged to $0.7690, reaching a market capitalization of $5.09 billion, and experiencing a 4.66% daily increase. This rise is attributed to […]
MetaMask Unveils mUSD Stablecoin This Month – Launching Alongside Stripe & Blackstone
MetaMask, the widely used crypto wallet built for the Ethereum network, is poised to release its own stablecoin, mUSD, this month. A source familiar with the launch plans […]
250 Million USDC Mined: A Boost to Crypto Market Liquidity
A significant development in the crypto world recently captured attention as 250 million USDC was minted at the USDC Treasury. This substantial increase in stablecoin supply, confirmed by […]
Massive USDC Minting Event Signals Crypto Market Expansion
A significant increase in USDC stablecoin supply, amounting to 250 million tokens, recently sparked interest within the crypto community. This event, reported by Whale Alert, has implications for […]
SEI Partners with Wyoming State for Stablecoin Pilot Initiative
The cryptocurrency blockchain platform SEI has been chosen by Wyoming to spearhead a state-sponsored stablecoin initiative. This partnership significantly boosts SEI’s visibility and offers a major boost to […]
Shiba Inu Aims for New Market Heights with Stablecoin Launch
Shiba Inu’s core team is planning to launch a stablecoin, aiming to propel the cryptocurrency towards new market heights and expand its DeFi ecosystem. This ambitious initiative, alongside […]
Binance Expands BFUSD Offerings Across Multiple Trading Platforms
Binance is rolling out its new stablecoin, BFUSD, across various services. Users will gain access to buy, sell, and trade BFUSD through ‘Buy Crypto,’ Binance Convert, and Binance […]
Massive Crypto Surge Fueled by $76 Billion Stablecoin Inflows
The crypto market is buzzing with optimism today, fueled by a significant influx of stablecoins exceeding $76 billion. This surge in fiat currency flowing into the digital asset […]