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 […]
DeFi Yields Plummet to Record Low, Driven by Shifting Stablecoin Landscape
Recent data reveals that DeFi yields have hit historic lows as stablecoin APRs average a concerning 5.8%, signaling a significant shift in the decentralized finance (DeFi) ecosystem. While […]
First Digital Defends Against Justin Sun’s False Accusations
First Digital Trust refutes claims made by crypto entrepreneur Justin Sun, branding them false and a smear campaign aimed at damaging its reputation. The company insists FDUSD remains […]
Trump’s Crypto Ties Spark Debate Over Stablecoin Legislation
Discussions surrounding stablecoin legislation in Washington, D.C., are being significantly impacted by Donald Trump’s connections to the cryptocurrency world. These ties have become a focal point in legal […]
Ripple Launches RLUSD Stablecoin on Kraken, BKK Forex, and iSend
Ripple’s U.S. dollar-pegged stablecoin, RLUSD, is officially live on crypto exchanges Kraken, BKK Forex, and iSend, marking a major milestone in the company’s effort to integrate it into […]
Trump’s Crypto Ventures Under Scrutiny as Stablecoin Wars Heat Up
President Trump is facing renewed controversy over his involvement in cryptocurrency after Rep. Maxine Waters accused him of pursuing a plan to replace the US dollar with a […]
Ripple’s RLUSD Surpasses 240 Million in Circulating Supply: Record-Breaking Milestone
In just 106 days, Ripple USD (RLUSD) has achieved a significant milestone, exceeding 240 million circulating supply. This rapid growth comes as the stablecoin continues to gain traction […]
Kyrgyzstan Launches Crypto Hub & A7A5 Stablecoin: Potential Economic Impact on Regional Markets
Kyrgyzstan has officially launched its own cryptocurrency hub, aiming to drive blockchain innovation within the country. This move includes listing the A7A5 stablecoin on the Meer Exchange for […]
Justin Sun Saves TUSD from Liquidity Crisis, Court Documents Reveal
Techteryx, issuer of the stablecoin TUSD, suffered a major financial setback when over $456 million in reserves were trapped in illiquid investments. Court filings reveal this reserve shortfall […]
Tether Claims Market Leadership with Significant Profit Margin Growth Over Circle
Recent data highlights Tether’s dominance in the stablecoin market, surpassing Circle both in valuation and profitability. Tether currently holds a 213% larger market share than its competitor, showcasing […]