Paradigm research unveils a groundbreaking concept aiming to revolutionize stablecoin trading within decentralized finance (DeFi). Their proposed system, called Orbitals AMM, seeks to tackle the challenges of managing […]
Tether Introduces Gold-Backed Stablecoin XAUt0 to Telegram’s Growing Ecosystem
Tether has launched a new gold-backed stablecoin, XAUt0, on the TON blockchain for over 1 billion Telegram users. This innovative token aims to bring the benefits of owning […]
Ripple’s RLUSD Receives Regulatory Approval in Dubai – A Step Towards Real-World Utility
Ripple’s stablecoin, RLUSD, has been granted official recognition by the Dubai Financial Services Authority (DFSA). This approval paves the way for RLUSD to be used within the Dubai […]
Crypto Lobby Seeks Pre-Debate Stablecoin Bill Approval Amid Market Surge
The crypto industry is advocating for the swift passage of the GENIUS Act in the Senate, a bill designed to provide regulatory clarity for stablecoins and potentially unlock […]
Norwegian Crypto Exchange Soars After Bitcoin Treasury Announcement
Shares of Norwegian Block Exchange (NBX) surged over 138% on June 2nd after the company announced it was acquiring Bitcoin and building a plan to create a stablecoin. […]
Stablecoin Regulation Act Advances as Lobbying Heats Up
The U.S. Senate is gearing up for a crucial debate on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a proposed framework aimed at regulating […]
Senate Races to Pass GENIUS Act for Stablecoin Regulations
The U.S. Senate is pushing hard to pass the GENIUS Act, a groundbreaking legislation aimed at regulating stablecoins. With bipartisan negotiations in full swing, senators aim to finalize […]
Senate Aims to Approve GENIUS Act to Regulate Stablecoins This Weekend
The U.S. Senate is racing against time to pass the GENIUS Act, a proposed law aimed at regulating stablecoins. The bill’s approval by the weekend hinges on reaching […]
Circle Eyes $896 Million IPO to Capitalize on $7.2 Billion Valuation
Circle Internet Financial, the issuer of USD Coin (USDC), is planning a significant listing on the New York Stock Exchange (NYSE) with an anticipated initial public offering (IPO). […]
Circle Raises IPO Target to $896M, Aims for $7.2B Valuation
Circle Internet Financial, the issuer of USDC stablecoin, has significantly boosted its initial public offering (IPO) target, increasing it to $896 million. This revised plan will see the […]
US Senate Approaching Vote on GENIUS Act: Impact on Stablecoin Regulation
The U.S. Senate is poised to vote on a key piece of legislation concerning stablecoins, the GENIUS Act, potentially significantly impacting their future regulation. This move comes amidst […]
Pendle Platform Surpasses $50 Billion in Trading Volume
Pendle has reached a significant milestone, exceeding $50 billion in cumulative trading volume. This substantial growth reflects strong investor confidence and a robust user base, driven by the […]
Binance Dominated by Whales: 75% of $USDT Inflows on Platform
Crypto whales are heavily utilizing Binance for stablecoin deposits, particularly USDT. According to CryptoQuant analyst maartunn, these investors hold a significant stake in the platform’s $USDT inflow, accounting […]
Tether Invests €10 Million in Be Water: Expanding Digital Infrastructure for Media
Tether, the world’s leading stablecoin issuer, has made a strategic investment of €10 million in Italian media company Be Water. This move increases Tether’s ownership to 30.4% and […]
South Korea Cautions on Non-Bank Stablecoin Issuance
The Bank of Korea (BOK) has issued a warning regarding the potential risks associated with non-bank stablecoin issuance. Governor Rhee Chang-yong expressed concerns about the possibility of these […]