Facing a recent freeze on USD-pegged stablecoins, Russia’s finance ministry is exploring the creation of a domestic cryptocurrency similar to Tether (USDT). The proposal aims to alleviate risks […]
Bank of America Enters Stablecoin Race, Challenging Tether and Circle
The Bank of America is making a bold move to enter the competitive stablecoin market. Aiming to challenge industry leaders like Tether and Circle, the institution is seeking […]
Russia Mulls National Stablecoin as Reliance on Foreign Tech Grows
Russian officials are exploring the possibility of creating their own stablecoin, reminiscent of USDT. This follows the freezing of over $30 million in Tether by Tether’s parent company, […]
R2 Protocol Launches Testnet for Yield-Bearing Stablecoin, Paving the Way for a New Era of Decentralized Finance
R2 Protocol has launched its testnet for a yield-bearing stablecoin called R2USD, marking a significant step towards integrating real-world assets into decentralized finance (DeFi). This innovative move involves […]
Korea Steps Forward: Stablecoin Regulation Takes Center Stage
South Korea’s Financial Services Commission (FSC) is taking a proactive approach to securing its cryptocurrency landscape. Following global trends, the FSC has reaffirmed its commitment to establishing a […]
Russia Eyes Stablecoin Solution Amidst Crypto Exchange Freeze
The Russian Finance Ministry is exploring the development of a Ruble-pegged stablecoin following a USDT freeze on Garantex, a major crypto exchange. This move comes after the EU […]
Powell Signals Mainstream Crypto with Stablecoin Framework: Market Reacts Positively
Jerome Powell’s recent remarks about stablecoins have sent shockwaves through the crypto market, signaling a potential shift towards mainstream acceptance. Following his comments on the need for a […]
Russia Eyes Domestic Stablecoins Amidst Sanctions Pressure
Facing economic fallout from sanctions, Russia’s Finance Ministry is exploring the creation of its own stablecoins. This initiative seeks to lessen dependence on foreign digital currencies like USDT […]
R2’s Yield-Bearing Stablecoin Protocol Goes Live in Testnet
R2’s innovative approach leverages a diverse portfolio of on-chain tokenized U.S. Treasuries, compliant money market funds, and real estate rental income to provide stable and reliable yields to […]
Russia’s Stablecoin Initiative: A Potential Shift in Global Finance
Russia is exploring the development of its own national stablecoin, signifying a strategic shift in its financial landscape and potentially impacting the global cryptocurrency industry. This initiative reflects […]
USD1 Stablecoin Gains Momentum: 90% Circulated on BNB Chain
USD1, a stablecoin issued by World Liberty Finance (WLFI), has reached a significant milestone as it nears 90% circulation on the BNB Chain. This follows a recent boost […]
Korean Stablecoin Regulation: Unpacking the Impact on Capital Flows
South Korea’s Financial Services Commission (FSC) has provided critical insights into the impact of stablecoins on capital flows within the country. Following concerns about dollar-denominated stablecoins triggering a […]
South Korea’s Stablecoin Transactions Show Balanced Capital Movement
South Korea’s Financial Services Commission (FSC) has released a significant update regarding stablecoin activity within the country. PANews reports that dollar-denominated stablecoins have demonstrated a balanced capital flow, […]
Russia Urged to Develop National Stablecoin Amid Global Payment Transformation
Ivan Chebeskov, head of the Digital Financial Assets Department at the Russian Ministry of Finance, has called for Russia’s development of a national stablecoin. This move aligns with […]
Stablecoin Yield Strategies Detailed: Jacob Zhao’s New Guide.
Renowned DeFi expert Jacob Zhao unveils a comprehensive guide illuminating diverse stablecoin yield strategies, sparking interest within the crypto community. The guide delves into lending, tokenization, and passive […]