Three leading Abu Dhabi organizations — ADQ, International Holding Company (IHC), and First Abu Dhabi Bank (FAB) — are launching a new dirham-backed stablecoin. The initiative, regulated by […]
Stablecoins Face New Competition as Backing Options Expand
A shift in the stablecoin market is underway, with new competitors challenging the dominance of USD-backed stablecoins in the arena of both stablecoin and real-world asset (RWA) tokenization. […]
Dollar’s Stablecoin Dominance Under Threat: Tether Co-Founder Predicts Shift to Alternative Backings
While USD-backed stablecoins currently hold a dominant position in the stablecoin and real-world asset (RWA) tokenization landscape, Reeve Collins, co-founder of Tether, predicts a shift towards alternative backing. […]
Tether’s Gold-Backed Stablecoin Reaches $770M Market Cap
Tether reports its XAUT stablecoin, backed by 7.7 tons of physical gold, has reached a market capitalization of $770 million in 2025. The announcement highlights the token’s growing […]
Abu Dhabi Launches Dirham-Backed Stablecoin Project for Enhanced Payments
The United Arab Emirates’ Abu Dhabi International Holding Company (ADQ) and First Abu Dhabi Bank (FAB) have announced plans to launch a dirham-backed stablecoin, fully regulated by the […]
Mastercard Expands Stablecoin Payments with OKX Partnership
Mastercard and cryptocurrency exchange OKX have partnered to launch the ‘OKX Card,’ offering merchants a way to settle transactions using stablecoins like USDC and USDP. This marks Mastercard’s […]
Tether Gold (XAU₮) Boasts $770 Million Market Cap After New Attestation Release
Tether, the leading issuer of stablecoins, has released its first official attestation report for Tether Gold (XAU₮), a token backed by real gold. The report, issued at the […]
Solstice Labs Launches USX: A Solana-Native Stablecoin for Sustainable Yields
Dubai, UAE, April 28th, 2025 – Solstice Labs, a blockchain asset manager backed by Deus X Capital, today announced the launch of USX, a stablecoin specifically designed for […]
Tether Secures Gold Reserves to Support XAUT Token
Tether has taken a significant step towards bolstering the security of its stablecoin, XAUT, by acquiring 7.7 tons of gold in support of the token. This move aligns […]
Sol Solstice Labs Launches USX: Solana’s First Stablecoin Built for Transparent Yield
Solstice Labs, a company backed by Deus X Capital, announced the launch of USX, a Solana-native stablecoin designed to deliver transparent and sustainable yield. This novel approach sets […]
Solstice Labs Launches USX Stablecoin for Transparent Solana Yields
Dubai, UAE – April 28th, 2025, Chainwire – Solstice Labs is launching USX, a stablecoin designed for sustainable yield on the Solana blockchain. This groundbreaking offering will debut […]
Ripple Mints Massive 23 Million RLUSD: Potential Refill for Aave Market
Ripple recently minted a significant amount of its stablecoin, RLUSD, exceeding 23 million units within the past 24 hours. This move has been tracked by Ripple’s dedicated stablecoin […]
Stablecoin Surge Predicted to Impact Bitcoin Prices by 2030
Citibank predicts a significant growth in the stablecoin market, projecting a total supply of up to $3.7 trillion by 2030. This increase could have a substantial impact on […]
Circle Pivots Strategy, Emphasizing Stablecoin Regulation Compliance
Cryptocurrency firm Circle is moving away from traditional banking plans and focusing instead on regulatory compliance for its stablecoin USDC. The company has abandoned ambitions to become a […]
Citigroup Predicts Stablecoin Market Boom by 2030, Potentially Boosting Bitcoin Prices
Citigroup’s recent report predicts a significant expansion of the stablecoin market to reach $3.7 trillion by 2030. This growth is attributed to increasing institutional demand and regulatory progress. […]