Mexico-based cryptocurrency exchange Bitso has released MXNB, a stablecoin pegged 1:1 to the Mexican Peso. Issued and managed by Bitso’s new subsidiary Juno, MXNB is now available on […]
Binance Simplifies Trading Experience with Seamless CEX to DEX Integration
Binance has simplified cryptocurrency trading by integrating decentralized exchange (DEX) functionality directly into its CEX wallets. This eliminates the need for manual transfers or asset bridging. Users can […]
Trump-Backed Stablecoin WLFI Launches USD1 Coin
WLFI, a DeFi protocol inspired by former U.S. President Donald Trump, has launched its USD1 stablecoin. This stablecoin promises stability, transparency, and institutional adoption through a conservative approach […]
Trump-Backed Stablecoin WLFI Launches USD1 with Focus on Institutional Adoption
WLFI, a DeFi protocol inspired by former U.S. President Donald Trump, has launched its USD1 stablecoin, aiming to revolutionize the stablecoin market and provide a reliable alternative for […]
Bitso’s MXNB Stablecoin Launches on Arbitrum, Bringing Fiat-Backed Solution to Mexican Market
Bitso, a leading cryptocurrency exchange in Mexico, has launched MXNB, a stablecoin pegged to the Mexican Peso. This new stablecoin is now live on Arbitrum, an Ethereum Layer-2 […]
The Tether Controversy: A Deep Dive into Transparency Issues
Tether, the world’s leading stablecoin, has been embroiled in controversy for years. Pegged to the US dollar at a 1:1 ratio, this decentralized currency plays a critical role […]
Tether Mints Billion-Dollar USDT Stockpile for Future Demand
Tether has recently minted $1 billion in USDT tokens to meet potential future demand. This move comes as the stablecoin issuer’s user base continues its rapid growth, exceeding […]
Ripple’s RLUSD Prediction Surges Amidst Market Growth
Ripple’s USD-pegged stablecoin, RLUSD, has seen a surge in popularity, as its February attestation report highlights impressive growth. 📈 Jack McDonald, SVP of Stablecoins at Ripple, shared the […]
Bipartisan Framework for Stablecoin Regulation Advances
Senator Cynthia Lummis, a vocal advocate for cryptocurrencies, has revealed that a bipartisan framework aimed at regulating stablecoins and reshaping financial markets is progressing toward completion. This announcement […]
Bank of America to Launch New Stablecoin Amidst Regulatory Shifts
Bank of America is preparing to introduce a new cryptocurrency, fueled by the evolving regulatory landscape and its commitment to digital currency. CEO Brian Moynihan underscored this decision […]
Bank of America Seeks Approval to Launch Stablecoin, Potentially Entering Market by 2025
Bank of America is exploring the creation of a dollar-backed stablecoin if federal regulators provide clear guidelines for digital assets. The company’s CEO, Brian Moynihan, hinted at this […]
PayPal to Offer PYUSD Payments for Merchants by Year’s End
PayPal is taking steps to boost the adoption of its USD-pegged stablecoin, PayPal USD (PYUSD), by making it available for small and medium-sized businesses. The payments giant plans […]
Bank of America Prepares Stablecoin Launch With Regulatory Approval
Bank of America is poised to enter the stablecoin market, as CEO Brian Moynihan confirmed their readiness for a launch contingent upon U.S. regulatory approval. While some banks […]
Tether Lawsuit Sparks Concerns About Regulatory Capture in Cryptocurrency
Social media chatter suggests a new stablecoin law proposal could severely impact offshore issuers like Tether, potentially barring them from holding US Treasuries. This echoes the tactics employed […]
Filecoin’s USD Stablecoin: Unleashing a New Era of DeFi Growth
A new 10X Research report unveils the transformative potential of a US Dollar-backed stablecoin within the Filecoin ecosystem, offering unprecedented benefits for users. This innovation, backed by Secured […]