Stablecoins

Circle has achieved a significant milestone by becoming the first stablecoin issuer to meet Canada’s new listing requirements for its USD Coin (USDC). This compliance with the rules set by the Ontario Securities Commission (OSC)…

Ripple is facing a delay in the launch of its RLUSD stablecoin due to regulatory issues with the New York State Department of Financial Services (NYDFS). The platform announced the delay on Dec. 4, stating…

Meta’s former stablecoin project, Diem, originally known as Libra, faced significant political and regulatory obstacles in the US, leading to its termination. Co-founder David Marcus revealed the challenges in a recent social media post, citing…

Ripple Lab’s new stablecoin, Ripple USD (RLUSD), is set to be approved by the New York Department of Financial Services (NYDFS) and could be launched by December 4. The overcollateralized dollar-pegged stablecoin will provide a…

Stablecoins are gaining traction in global finance, moving beyond their initial use in crypto exchanges. A recent report from Standard Chartered indicates that stablecoins are being utilized for various purposes similar to traditional finance, such…

Euro Coin (EUROC) is a digital currency issued by Circle that operates under a full-reserve model, just like the popular USD Coin (USDC). With over $54 billion in circulation, USDC has earned a solid reputation…

The global stablecoin market capitalization reached an unprecedented $190 billion in November, surpassing the previous all-time high of $188 billion set in April 2022. This growth trend reflects sustained global demand for stablecoins as an…

The UK is set to unveil a comprehensive crypto regulatory framework in early 2025, with plans to address oversight challenges for stablecoins, staking, and other digital asset services. The announcement was made during the City…

Switzerland’s Financial Market Supervisory Authority (FINMA) has expressed concerns about the rising money laundering risks in the crypto sector, as highlighted in its 2024 Risk Monitor report. The report noted the increasing misuse of digital…

Binance has recently launched BFUSD, a yield-bearing stablecoin designed for futures and perpetuals traders. This new stablecoin offers users an annual percentage yield (APY) of around 19.55%, allowing them to earn daily rewards by holding…