Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second-largest bank, is collaborating with technology companies to launch its own stablecoin. The partnership involves Ava Labs, developers of the Avalanche blockchain, […]
Bitso Launches Stablecoin on Arbitrum, Enabling Faster Mexican Remittances
Bitso, a leading cryptocurrency exchange based in Mexico, has launched MXNB, a stablecoin pegged to the Mexican Peso. This stablecoin is now live on Arbitrum, an Ethereum Layer-2 […]
Coinbase Outperforms Circle in USDC Revenue despite Stablecoin’s Growth
Recent IPO filings have revealed that Coinbase is generating more revenue from the USD Coin (USDC) stablecoin than Circle, raising questions about the future of USDC issuer. Despite […]
DeFi Shifts to Lower Interest Rates Amidst Market Slowdown
The cryptocurrency market is experiencing a slowdown, leading DeFi lending protocols to adapt by lowering their interest rates. As market conditions change, these platforms are adjusting yields for […]
Circle Files for IPO Amid Profitability Concerns as Stablecoin Market Thrives
Circle Internet Financial, the issuer of USD Coin (USDC), has submitted an initial public offering (IPO) prospectus to the Securities and Exchange Commission (SEC). This move comes amid […]
Sony Electronics Singapore Embraces USDC Payments with Crypto.com Integration
Sony Electronics Singapore has joined the growing list of businesses accepting cryptocurrency payments, partnering with Crypto.com to enable USDC stablecoin transactions. This move reflects a broader trend towards […]
Ripple’s XRP Experiences Surge Amidst Regulatory Developments
Ripple’s XRP has seen a notable price surge, climbing from a local low of $2 to $2.20. This increase coincides with the anticipation of stablecoin regulations emerging in […]
Circle Files for Explosive IPO: Revolutionizing Crypto’s Landscape
Circle, the driving force behind the USDC stablecoin, has taken a significant step forward in its evolution with a confidential filing for an Initial Public Offering (IPO). This […]
WLFI Launches USD1 Stablecoin: DeFi Meets Traditional Finance
A new stablecoin backed by real-world assets has launched in the decentralized finance (DeFi) space, aiming to bridge the gap between traditional and blockchain economies. WLFI’s USD1 coin […]
Bitso Launches MXNB Stablecoin on Arbitrum: A Fiat-Backed Solution for Mexican Remittances
Mexican cryptocurrency exchange Bitso has launched MXNB, a new stablecoin pegged to the Mexican Peso, available on the Ethereum Layer-2 network, Arbitrum. This innovative move addresses the challenges […]
Could XRP Hit $10 If US Stablecoin Bill Supports Ripple’s RLUSD?
XRP prices currently stand at around $2.20, with analysts predicting a potential surge to $10 in April. This prediction is based on the impact of the upcoming US […]
Circle Plans $5 Billion IPO to Boost Market Presence
Financial services company Circle has filed an initial public offering (IPO) with the Securities and Exchange Commission (SEC), seeking a valuation of up to $5 billion. The listing […]
Circle Files for IPO, Seeking Public Listing to Fuel Growth
Circle, the company behind the popular USDC stablecoin, has officially filed a prospectus with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). The […]
Circle Acquires Coinbase’s Centre Stake for $210 Million in Stock: A Major Shift in Crypto Partnerships
Cryptocurrency company Circle has acquired Coinbase’s stake in the Centre Consortium for $210 million. This significant deal is a major shift in cryptocurrency partnerships and raises questions about […]
Ripple Breaks Record: 50 Million RLUSD Tokens Minted on Ethereum
Ripple has minted a record-breaking 50 million RLUSD tokens on the Ethereum blockchain, marking a significant milestone in stablecoin issuance. This large-scale mint comes as Ripple aims to […]