Tron founder Justin Sun has played a critical role in averting a near-total collapse of the True USD (TUSD) stablecoin. Following accusations of mismanaged funds and potential fraud, […]
Bitso Launches MXNB Stablecoin on Arbitrum, Bringing Fiat-Backed Solution to Mexico’s Crypto Market
Mexican cryptocurrency exchange Bitso has launched MXNB, a stablecoin pegged 1:1 to the Mexican Peso. Issued and managed by its subsidiary Juno, MXNB is now live on Arbitrum, […]
Avalanche Stablecoin Surge Sparks Questions: Why is AVAX Price Lagging?
Avalanche has experienced a dramatic surge in stablecoin supply over the past year, yet its native token, AVAX, hasn’t seen the same price rebound. Experts suggest the reason […]
MNEE on 1SAT Launches Plugin to Simplify Blockchain Transactions
MNEE on 1SAT has released its new WhatsOnChain plugin for enhanced blockchain transaction visibility. This user-friendly tool makes exploring MNEE transactions more straightforward and accessible, especially for those […]
Bitso Launches Stablecoin on Arbitrum, Revolutionizing Mexican Remittances
Bitso, a leading cryptocurrency exchange in Mexico, has launched MXNB, a stablecoin pegged to the Mexican Peso. Issued by Bitso’s subsidiary Juno and operating on the Ethereum Layer-2 […]
Sumitomo Mitsui Launches New Stablecoin Project with Ava Labs & Fireblocks
Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), has entered into a strategic partnership with leading blockchain companies Ava Labs and Fireblocks to develop a new stablecoin. The […]
Congress Holds Back on Stablecoin Interest in STABLE Act
The U.S. Congress has opted to maintain its stance against allowing stablecoin holders to earn interest, as per a report from PANews. Despite calls from the cryptocurrency industry […]
Unusual Bug Bounty Program Reaches New Heights With $16 Million Prize Pool
Usual, a decentralized stablecoin protocol, has partnered with blockchain security firm Sherlock to launch a record-breaking bug bounty program offering up to $16 million for vulnerabilities discovered in […]
Stablecoins Drive Growth in Emerging Market Remittances
Emerging markets are witnessing a surge in the use of stablecoins for cross-border remittances, as per data from Artemis released by Foresight News. The platform reveals that approximately […]
Sumitomo Mitsui Launches Stablecoin Experiment with Ava Labs and Fireblocks
Sumitomo Mitsui Financial Group, a prominent Japanese financial institution, has partnered with Ava Labs and Fireblocks to develop a fiat-pegged stablecoin. The project aims to explore the potential […]
Circle Seeks Public Listing on NYSE, Driven by Strong Stablecoin Revenue
Circle Internet Group, the issuer of USD Coin (USDC), has announced its intention to become a publicly traded company. On April 1st, the firm filed for an initial […]
Bitso Launches Peso-Backed Stablecoin on Arbitrum
Bitso, a prominent Mexican cryptocurrency exchange, has launched MXNB, a stablecoin pegged to the Mexican Peso. Managed by its subsidiary Juno, MXNB is now live on Arbitrum, an […]
Sumitomo Mitsui Bank Partners with Ava Labs and Fireblocks for New Stablecoin Launch
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 […]