In response to evolving US regulations, Tether is preparing to launch a new stablecoin specifically designed for institutions and compliant with existing frameworks. The move comes as the […]
Stablecoin Market Value Slightly Upwards in Past Week
The stablecoin market has experienced a slight increase over the past seven days, according to data from DefiLlama. According to their report, the total market capitalization of all […]
Stablecoin Surge Could Drive $2 Trillion in US Treasury Demand
Stablecoin adoption is poised to revolutionize U.S. Treasury markets, potentially generating a demand of up to $2 trillion. Experts like Scott Bessent are noticing this shift, with stablecoins […]
Stablecoin Surge Could Boost Demand for US Treasuries
A new analysis by Scott Bessent suggests stablecoins, like USDT and USDC, could drive a substantial increase in demand for US Treasury securities, potentially impacting borrowing costs and […]
USDC Circulation Soars by $800 Million in One Week
Circle, the issuer of USDC stablecoin, has witnessed a surge in its circulating supply, increasing by $800 million within just one week. This growth marks a significant advancement […]
XRP Ledger Embarks on New Stablecoin Expansion with Three Fiat-Backed Tokens
The XRP Ledger (XRPL) is actively expanding its presence in the stablecoin market, launching three fiat-backed tokens this week: EURØP (euro), XSGD (Singapore dollar), and USDB (US dollar […]
Ripple’s RLUSD Achieves $244 Million Market Cap, Signaling Growing Adoption on XRPL
Ripple’s USD-pegged stablecoin, RLUSD, closed the first quarter of 2025 with a combined market capitalization of $244.2 million across the XRP Ledger (XRPL) and Ethereum. This accomplishment highlights […]
Is Qubetics the Top Crypto for Short-Term Gains? Analyzing the Stablecoin Surge and Its Impact on AAVE, Immutable X & More
The stability coin market is rapidly changing the crypto landscape. With major banks exploring a collaborative stablecoin network, the shift towards decentralized alternatives is gaining momentum. This trend […]
Cardano Founder Predicts US Banks’ Stablecoin Venture
Major U.S. banks like JPMorgan and Wells Fargo are exploring a joint stablecoin venture, fueled by rising interest in crypto adoption. This initiative comes as legislation supporting stablecoins […]
Trump-Backed Stablecoin USD1 Seeks New Heights after $200 Million Binance Transfer
A significant move in the cryptocurrency market has seen over $200 million of USD1 stablecoin transferred to Binance, raising eyebrows and creating buzz. This transfer, confirmed by Arkham […]
Stablecorp Raises $1.8 Million in Funding Led by Coinbase Ventures
Canadian fintech firm Stablecorp has secured a significant $1.8 million funding round led by Coinbase Ventures and other partners. This investment aims to expand the reach of their […]
Arthur Hayes Warns of Bank-Backed Stablecoins’ Threat to Circle’s USDC
Arthur Hayes, co-founder of BitMEX, issued a warning regarding the potential dominance of bank-backed stablecoins over Circle’s USDC. He expressed skepticism towards Circle’s market share in light of […]
U.S. Banks Team Up for Potential Joint Stablecoin Initiative
A major initiative from U.S. banks is gaining momentum as they explore a joint stablecoin project. Early discussions between JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo […]
XRP Plunges After Liquidations Hit, EURØP Debuts with EU Compliance
The XRP token experienced significant losses after over $9.9 million in liquidations from long positions were triggered by market volatility. Analysts attributed this to a shift in sentiment, […]
U.S. Banks Eye Collective Stablecoin Venture Amidst Regulatory Uncertainty
Major American banks are exploring a potential collaboration to launch a shared stablecoin, according to the Wall Street Journal. Early-stage discussions involve entities linked to JPMorgan, Bank of […]