Leading cryptocurrency exchange Bitso has launched MXNB, a stablecoin pegged to the Mexican Peso. This stablecoin, issued and managed by Bitso’s subsidiary Juno, is now live on Arbitrum, […]
Ripple Rolls Out RLUSD for Enterprise Payment Efficiency
Ripple has integrated its new stablecoin, Ripple USD (RLUSD), into its enterprise payments solution, Ripple Payments, aiming to streamline cross-border transactions. The integration comes as the company seeks […]
House Passes Stablecoin Bill: Trump’s Crypto Ties Spark Debate
The U.S. House Financial Services Committee has advanced a significant step in regulating stablecoins with the passage of the STABLE Act, a move gaining bipartisan support but facing […]
Justin Sun Steps In: How Tron Founder Stabilized Troubled TrueUSD Stablecoin
Tron founder Justin Sun intervened in a liquidity crisis affecting the stablecoin TrueUSD (TUSD) after it was caught in a complex financial dispute. According to recent court filings, […]
Bitso Launches MXNB Stablecoin on Arbitrum: A New Solution for Cross-Border Payments in Mexico
Mexican cryptocurrency exchange Bitso has launched MXNB, a new stablecoin pegged to the Mexican Peso. This fiat-backed stablecoin is now live on Arbitrum, an Ethereum Layer-2 network designed […]
House Approves Bill Regulating Stablecoin Market
The U.S. House Financial Services Committee has passed a bill aimed at regulating the growing stablecoin market, marking a significant step towards greater clarity and structure for this […]
Ripple’s RLUSD Breaks $10 Billion Trading Volume Barrier, Driven by Institutional Adoption
Kraken has listed Ripple’s RLUSD stablecoin, driving the token’s trading volume past $10 billion and cementing its place in the growing DeFi landscape. The exchange’s listing adds to […]
US Passes STABLE Act to Regulate USD-Pegged Stablecoins
The United States has enacted the STABLE Act, bringing much-needed clarity and regulatory oversight to USD-pegged stablecoins like Tether (USDT) and Circle’s USDC. This act was approved by […]
Kyrgyzstan Launches A7A5 Stablecoin for New Crypto Hub Opportunities
Kyrgyzstan is forging ahead as a leading player in the crypto space, with its government establishing a robust regulatory framework and actively developing its own digital asset hub. […]
US House Approves Bill to Regulate Stablecoins, Potentially Shifting Crypto Landscape
The US House Financial Services Committee recently approved the STABLE Act, a landmark legislation aimed at regulating stablecoins and potentially impacting the cryptocurrency market landscape. The bill aims […]
US House Approves Bill Setting Rules for Stablecoins
The US House of Representatives Financial Services Committee has voted to advance a bill aimed at regulating stablecoin issuance, known as the STABLE Act. This bipartisan legislation now […]
Ripple’s USD-Backed Stablecoin, RLUSD, Breaks $10 Billion in Trading Volume on Kraken
Ripple’s USD-backed stablecoin, RLUSD, has officially launched on Kraken, a prominent cryptocurrency exchange. This milestone follows substantial market momentum; RLUSD has already surpassed $10 billion in cumulative trading […]
US House Approves Bill To Regulate Stablecoins
The US House Financial Services Committee has taken a major step towards regulating stablecoins, passing a bill that will bring digital currencies under federal oversight. This decision represents […]
Ripple Labs Integrates RLUSD for Enhanced Global Payment Transactions
The integration enables cross-border payments using RLUSD, offering direct access to billions of dollars in liquidity. Ripple Labs believes this advancement enhances services for select customers by simplifying […]
FDUSD De pegs Following Insolvency Rumors and Justin Sun’s Concerns
Stablecoin FDUSD saw a sudden drop of over 11% from its dollar peg following claims by Tron founder Justin Sun that First Digital Trust (FDT), the issuer, may […]