Mastercard has announced a major shift in its approach to digital currency, empowering merchants across its vast network to accept payments in stablecoins. This unprecedented move, facilitated through […]
Circle Secures Regulatory Approval in Abu Dhabi, Expanding USDC Presence
Circle has received in-principle approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM), a significant milestone that paves the way for full licensing as […]
Crypto Fraud Soars to $52.5 Billion in 2024: Bitrace Report Highlights the Challenge
A new report from Bitrace reveals a significant spike in crypto-related fraud, reaching a staggering $52.5 billion in 2024. The report pinpoints stablecoin embezzlement as a major driver […]
Binance Market Update: Crypto Trends – April 29, 2025
The global crypto market cap experienced a slight decline of 0.02% over the past day, currently sitting at $2.98 trillion. Over the last 24 hours, Bitcoin (BTC) traded […]
Non-USD Stablecoins Gain Traction as Competition Grows
While dollar-backed stablecoins have dominated the market for years, a shift is underway with the emergence of stablecoins backed by assets like gold, euros, and other commodities. This […]
Abu Dhabi Launches Dirham-Backed Stablecoin to Fuel Digital Asset Growth
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 […]