To boost its stablecoin’s adoption in a competitive market, PayPal is offering a 3.7% yield on PYUSD. The program will provide users with daily accrued rewards, paid out […]
Synthetix Revamps Incentives to Revert sUSD Peg
Synthetix founder Kain Warwick announced new incentives for stabilizing the sUSD peg, aiming to enhance its economic structure and community confidence. The strategy combines both positive incentives like […]
Beyond the Peg: Synthetic Dollars Redefine Stablecoins
Stablecoins have exploded in popularity over the past five years, becoming a cornerstone of crypto adoption. However, beneath this growing market lies a potential problem: reliance on centralized […]
Tether Invests in Fizen to Boost Stablecoin Payments
Tether has partnered with Fizen Limited, a fintech company specializing in blockchain-based payment solutions, to enhance stablecoin payments globally. This investment aims to simplify the use of Tether’s […]
Vineeth Bhuvanagiri Joins Anzens Inc. as CEO, Sets Course for USDA Growth
Leading stablecoin issuer Anzens Inc. welcomes Vineeth Bhuvanagiri as its new CEO, marking a significant move that sees him co-lead Encryptus, the parent company of Anzens. Bhuvanagiri’s decade-long […]
Ripple’s RLUSD Breaks $293 Million Mark: Adoption Grows Alongside New Listings
RLUSD has witnessed explosive growth since its launch in December 2024, exceeding a $293 million market cap and reaching daily trading volume of $36.12 million. This signifies increasing […]
ING Develops Stablecoin Project as EU Crypto Regulations Take Shape
Dutch bank ING is venturing into the regulated world of digital currencies with the development of a stablecoin project under Europe’s new MiCA regulations. This move aligns with […]
EU and ECB Clash Over Stablecoin Regulation
The European Commission and the European Central Bank (ECB) have differing opinions on the potential impact of US crypto regulations on the EU. While the Commission believes existing […]
Ripple’s RLUSD Stablecoin Lands on Aave V3, Expanding Cross-Border Payment Potential
Ripple has partnered with Aave V3 to launch its RLUSD stablecoin, marking a significant step forward for cross-border payments. This integration enables enterprise-level solutions and expands the reach […]
ECB Warns Trump’s Crypto Support Could Trigger Financial Disruption in Europe
The European Central Bank (ECB) has expressed concern that the recent endorsement of cryptocurrency by US President Donald Trump could disrupt the stability of European financial systems. The […]
Ripple Launches RLUSD Stablecoin on Aave V3, Spark DeFi Interest
Ripple has launched its dollar-pegged stablecoin, RLUSD, on the Aave V3 Ethereum Core Market. This move signals a significant step towards Ripple’s expansion in the decentralized finance sector. […]
Ripple’s RLUSD Stablecoin Joins Aave V3: Expanding DeFi Lending Options
A new chapter in decentralized finance is unfolding as Ripple’s RLUSD stablecoin is now integrated with Aave V3, enabling users to lend and borrow using this asset. This […]
USDC Growth Surges Past USDT, Driven by Institutional Demand
Stablecoin market dynamics are shifting as USDC experiences explosive growth, overtaking USDT in recent months. The accelerated growth is attributed to its regulatory clarity and institutional appeal, particularly […]
500 Million USDT Transferred From Aave to HTX Exchange: Implications for Market Liquidity
A substantial transfer of 500 million USDT has occurred, moving funds from the Aave decentralized finance platform to the HTX exchange. This move has raised questions about the […]
Circle Unveils New Payments Network for Global Transfers
Circle, the company behind the stablecoin USDC, is launching a groundbreaking new payments and cross-border remittance network at its headquarters in New York City. The event takes place […]