Fireblocks has unveiled a new global stablecoin payment network, aiming to revolutionize cross-border transactions for institutions. This initiative empowers businesses to seamlessly move value securely across over 100 […]
Kazakhstan Pioneers Stablecoin Payments for Regulatory Fees
In a groundbreaking move, the Astana Financial Services Authority (AFSA) in Kazakhstan has granted approval for USD-pegged stablecoins to be used for regulatory fees at the Astana International […]
Ripple’s CEO Reveals 5 Undisputed Facts about XRP and its Ecosystem
In a recent X post, Ripple’s CEO Brad Garlinghouse highlighted five key facts regarding the company, XRP, and its associated stablecoin, RLUSD. The community quickly engaged with these […]
Venezuela Embraces $USDT as Dollar Crisis Deepens, UK Steps Up Stablecoin Adoption
Amid a worsening dollar shortage in Venezuela, the government is turning to Tether’s stablecoin, USDT, as a financial lifeline. Businesses and state entities like PDVSA are increasingly utilizing […]
Hyperliquid Launches USDH Stablecoin Through On-Chain Validator Voting
Hyperliquid is revolutionizing stablecoin deployment by granting validators a pivotal role in the launch of its native USDH stablecoin. Instead of top-down decisions, the deployment process will be […]
ECB Warns of Stablecoin Risks to EU Financial Stability
European Central Bank President Christine Lagarde sounded the alarm on global stablecoins, emphasizing their potential threats to EU financial stability and highlighting the need for international regulatory cooperation. […]
Tether Invests in Gold Sector as Stablecoin Giant Seeks to Diversify
Tether, the issuer of the $175 billion USD-pegged stablecoin USDT, is exploring investments across the gold supply chain. The company aims to utilize a portion of its multibillion-dollar […]
Venezuela Embraces USDT for Payroll and Business Payments Amidst Sanctions Pressure
As sanctions continue to impact Venezuela’s economy, the country is turning to stablecoins like Tether (USDT) to facilitate business transactions and employee payments. This shift signifies a move […]
Hedera Selected for First US State-Issued Stablecoin Project
The Wyoming Stable Token Commission has chosen Hedera as the blockchain infrastructure provider for the Frontier Stable Token (FRNT), marking a historic milestone in state-backed digital asset applications. […]
Tether CEO Emphasizes Firm Stability Amidst Economic Uncertainty
Paolo Ardoino, CEO of Tether, has asserted the company’s continued stability amidst global economic uncertainty. His statements were relayed by Foresight News.
Tether to Explore Gold Investments, Potentially Shifting Stablecoin Dynamics
Tether, the leading stablecoin provider, is exploring expanding its gold holdings beyond $8.7 billion in reserves, according to CEO Paolo Ardoino. This move comes as gold surpasses Bitcoin […]
Hong Kong Pursues Stablecoin Initiative with Institutional Backing
Hong Kong is taking proactive steps toward establishing regulated Renminbi (RMB) stablecoins, driven by new regulations and the involvement of major financial institutions like Standard Chartered and HSBC. […]
Hyperliquid Launches Native Stablecoin, USDH, Revolutionizing DeFi Trading
Hyperliquid, a prominent player in the perpetuals trading space, has announced the launch of its own native stablecoin, USDH. This groundbreaking move aims to redefine user interaction with […]
Circle & Tether Issue $12B in Stablecoins, Fueling Crypto Market Liquidity Surge
Circle and Tether have issued a significant amount of stablecoins, exceeding $12 billion in August. This surge has fueled market liquidity growth and boosted exchange inflows across the […]
Tether Invests Heavily in Gold Mining: A New Diversification Strategy
Tether, the issuer of USDT stablecoin, is taking a major step into traditional assets with a significant investment in the gold mining sector. The company has invested hundreds […]