A sudden drop in the value of FDUSD, a USD-pegged stablecoin, triggered panic among investors and resulted in a 13% decline in its price. The incident saw Wintermute […]
Itaú Unibanco Considers Launching Stablecoin as Regulatory Landscape Evolves
Brazil’s leading bank, Itaú Unibanco, is weighing the creation of its own stablecoin, according to a report by Odaily. This potential move follows regulatory developments and a growing […]
Justin Sun Calls for Hong Kong Trust Reforms After TUSD Fund Crisis
Tron founder Justin Sun intervened with emergency funding after the stablecoin TrueUSD (TUSD) issuer, Techteryx, faced a liquidity crisis of $456 million due to illiquid investments. Although claiming […]
Ripple Payments Supercharged by RLUSD Integration
Ripple’s payments platform has received a significant boost thanks to the integration of RLUSD, a stablecoin designed with enterprise utility in mind. This integration marks a major step […]
U.S. House Approves Stablecoin Regulation Bill Amidst Political Scrutiny
The U.S. House Financial Services Committee has passed the Republican-led Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act, paving the way for a full House […]
US House Passes STABLE Act: Regulating Stablecoin Market
The U.S. House of Representatives has passed the STABLE Act, a landmark legislation that will regulate payment stablecoins within the country. This move signifies increased regulatory clarity for […]
House Approves STABLE Act for Stablecoin Regulation: Key Takeaways
The U.S. House Financial Services Committee has approved the STABLE Act, a major step forward in regulating stablecoins. This bipartisan legislation provides enhanced oversight of these cryptocurrencies, reflecting […]
Bitso Launches MXNB Stablecoin on Arbitrum: Bringing Mexican Peso-Backed Fiat Solution to Global Markets
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 […]