Stablecoins
Ripple has officially launched its new Ripple USD (RLUSD) stablecoin, with support from top crypto trading platforms like Uphold, Bitstamp, Bitso, and others. The stablecoin aims to provide the stability of fiat currencies along with…
Stablecoins, specifically USD-pegged stablecoins like USDT, have become a key financial tool in Latin America to navigate economic volatility.Argentina and Brazil have seen significant growth in crypto activity, with Argentina leading the region with $91.1…
South Korea’s government is planning to impose foreign exchange regulations on cross-border stablecoin transactions due to the increasing use of these digital currencies in international trade. The Ministry of Economy and Finance aims to stabilize…
Tron’s revenue growth in the third quarter has surpassed major cryptocurrencies like Ethereum, Solana, and Bitcoin. With a total revenue of $566 million, Tron’s earnings have seen a significant increase of 43% compared to the…
Nigeria has emerged as the second-largest adopter of crypto worldwide, showcasing its position as a leader in digital finance. Chainalysis’ upcoming report highlights the country’s rapidly expanding crypto ecosystem, where everyday transactions, remittances, and business…
BitGo, a prominent digital asset custodian, has announced that it will provide custodial services for USDA, a stablecoin based on the Cardano blockchain. This collaboration involves BitGo Trust, USDA’s issuer Anzens, and EMURGO, the tech…
Ethena Labs has recently introduced a new stablecoin called UStb, which is fully backed by BlackRock’s on-chain BUIDL fund in partnership with Securitize. This new product offers a differentiated risk profile compared to Ethena’s existing…
Circle has launched Compliance Engine, a tool designed to help businesses meet regulatory requirements through customizable, automated compliance checks. The feature is integrated within Circle’s infrastructure, eliminating the need for separate third-party solutions and streamlining…
Societe Generale, a leading European bank, is expanding its EUR CoinVertible stablecoin to the Solana blockchain. The move aims to enhance user experience on DeFi platforms, payment systems, and decentralized applications. Solana is known for…
Terraform Labs has received court approval to wind down its operations in bankruptcy after settling a lawsuit with the US Securities and Exchange Commission (SEC). The approval was granted by US Bankruptcy Judge Brendan Shannon…