Emerging markets drive the vast majority of stablecoin volume, using USDT for crucial tasks like remittances and access to US dollars amidst high inflation. However, this rapid growth […]
StablecoinX Secures $530 Million in PIPE Financing for Ecosystem Growth
StablecoinX has just secured an additional $530 million through a PIPE financing deal, bringing its total funding to $895 million. This substantial investment will fuel the growth of […]
Wyoming State-Issued Stablecoin Launches on Hedera
The Wyoming state government has expanded its pioneering $FRNT stablecoin to the Hedera Hashgraph network, marking a significant milestone in U.S. state-backed digital currencies. Although public purchases of […]
Paxos Unveils USDH: A Stablecoin Driven by Rewards for Hyperliquid’s Growth
Paxos, a leading financial technology company, has announced the launch of USDH, a US dollar-pegged stablecoin designed to power Hyperliquid’s ecosystem. This innovative approach incorporates a unique built-in […]
StablecoinX Raises $890 Million for Ethena’s ENA Treasury Ahead of Merger
StablecoinX has secured an additional $530 million in funding, bringing the total investment to $890 million, ahead of its upcoming merger and Nasdaq listing. The combined entity will […]
Bybit Kazakhstan and AFSA Lead Stablecoin Payments for AIFC Regulatory Fees
Bybit Kazakhstan, a subsidiary of Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered with the Astana Financial Services Authority (AFSA) to pioneer stablecoin payments for […]
USDC Circulation Surges by $2 Billion, Reflecting Stablecoin Adoption
Circle’s USDC stablecoin experienced a significant increase in circulation over the past week, with its total value reaching approximately $72.5 billion. This surge reflects growing demand for stablecoins […]
SPAC Investment Boosts Ethena’s Stablecoin Ecosystem to Over $12 Billion
A recent $890 million investment from investors like YZi Labs and Susquehanna Crypto has significantly bolstered Ethena’s stablecoin infrastructure. This funding will be channeled towards developing the stablecoin […]
Circle and Tether Issue $12 Billion in Stablecoins: Impacting Markets
Two major stablecoin issuers, Circle and Tether, recently issued a significant amount of new stablecoins worth $12 billion over the past month. This activity has led to an […]
Stripe Enters Stablecoin Realm with New Tempo Project
Stripe, led by CEO Patrick Collison, has launched Tempo, a blockchain-based stablecoin project aimed at revolutionizing global payment systems in partnership with major financial institutions like Visa and […]
Falcon Finance’s USDf Surges Past $1.5 Billion in Circulating Supply
Falcon Finance has reached a significant milestone, with its decentralized stablecoin USDf exceeding $1.5 billion in circulating supply. This surge reflects accelerating adoption within the DeFi ecosystem and […]
Miami-Dade Chair Proposes $FUSD Stable Token to Tackle Debt Crisis
The Miami-Dade County Cryptocurrency Task Force is taking a bold step towards addressing the region’s $400 million debt crisis by proposing the use of a stablecoin token, $FUSD. […]
Stripe and Paradigm Launch Tempo Blockchain for Stablecoin Transactions
Stripe and Paradigm have launched Tempo, a new blockchain focused on stablecoin transactions designed to revolutionize global payments. The collaboration aims to enhance existing infrastructure and overcome limitations […]
Hyperliquid Launches USDH Stablecoin via Community Governance: Shaping the Future of Decentralized Finance
Hyperliquid has launched its USDH stablecoin through a novel community governance process, giving HYPE token holders direct control over financial strategy. This innovative approach could unlock over $220 […]
StablecoinX Raises $530 Million, Eyes Dominant Position in the ENA Ecosystem
StablecoinX, a leading infrastructure company within the Ethena ecosystem, has secured a substantial $530 million funding round. This investment brings the firm’s total capital raised to an impressive […]