The decentralized finance (DeFi) space is witnessing a new player enter the market with WLFI’s launch of USD1, a stablecoin aiming to revolutionize the industry. This innovative stablecoin, […]
Bitso Launches MXNB Stablecoin on Arbitrum, Aiming to Boost Remittances
Bitso, a prominent Mexican cryptocurrency exchange, has launched MXNB, a stablecoin pegged to the Mexican Peso, on the Arbitrum Ethereum Layer-2 network. This move aims to address challenges […]
Bitso Launches MXNB Stablecoin on Arbitrum Network
This launch comes at a crucial time for Mexico’s remittance market, which has been experiencing significant growth. Mexico sits as the second-largest recipient of global remittances, receiving $61 […]
BurrBear Launches on Fjord Foundry: Berachain’s Stablecoin Hub Unveiled
**BurrBear’s Competitive Advantages:**
Stablecoins Surge Past $200 Billion: Ethereum & TRON Lead the Charge
The stablecoin market has reached a record high of over $200 billion, driven largely by Tether’s dominance ($142 billion) and continued growth in DeFi. Circle’s USDC stands as […]
Ripple’s $170M Milestone Signals RLUSD’s Aim for Top 5 Crypto Spots
Ripple’s RLUSD has crossed a major milestone, achieving a market cap of $170 million this March. This achievement signifies significant growth and points towards the stablecoin’s ambition to […]
Stablecoins Fuel Growth in Decentralized Banks Amidst Market Uncertainty
Despite ongoing market uncertainty fueled by US tariffs, inflationary pressures, and looming fiscal debates, stablecoin adoption is surging, particularly in emerging markets. As a result, decentralized on-chain banks […]
Stablecoin Market Cap Soars to $233.54 Billion, Driven by USDT’s Dominance
The stablecoin market cap has experienced notable growth, reaching a remarkable $233.54 billion according to DefiLlama data. Over the past week, this segment saw a 0.99% increase in […]
Sonic Labs Shifts Course, Embraces UAE Dirham Stablecoin
In a significant move, Sonic Labs has abandoned its planned algorithmic stablecoin project and will now utilize the United Arab Emirates dirham as the basis for its new […]
Hong Kong Paves Way for Stablecoin Regulation with New Framework
Hong Kong’s Monetary Authority (HKMA) is taking decisive steps toward a stablecoin regulatory framework, according to reports from PANews. Deputy Chief Executive Chan Wai-man confirmed progress in establishing […]
PayPal’s PYUSD Expansion: Threat to USDT in Stablecoin Market
PayPal is significantly expanding its USD-pegged stablecoin, PYUSD, by integrating it into its merchant solutions and global payment platforms. This move could challenge the dominance of Tether (USDT) […]
Former CFTC Chairman Calls for Stablecoin Regulation, Delays Broader Cryptocurrency Market Discussion
Timothy Massad, former Chair of the U.S. Commodity Futures Trading Commission (CFTC), has urged Congress to prioritize the development of a regulatory framework for stablecoins. He proposes postponing […]
Bank of America Eyes Stablecoin Launch Amidst Trump Pressure and Regulatory Concerns
Bank of America is preparing to enter the rapidly growing stablecoin market, aiming to capitalize on the burgeoning industry while simultaneously responding to pressure from former President Donald […]
Reeve Collins Launches Pi Protocol: A Decentralized Stablecoin Challenging Tether’s Dominance
Reeve Collins, co-founder of Tether, is launching a new stablecoin project called Pi Protocol that aims to disrupt the traditional system. This project offers a decentralized and yield-bearing […]
SEC Approves First Yield Stablecoin: What This Means for Crypto
The U.S. Securities and Exchange Commission (SEC) has granted approval to YLDS, the first interest-bearing stablecoin registered as a security. Developed by Figure Markets, YLDS offers users a […]