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stablecoin

BlackRock Enters the Growing Stablecoin Sector with New Fund Design

BlackRock is launching a revamped money market fund to cater to the stablecoin market, adhering to updated regulations.

Crypto Highlights: Trump's Family Fortune and Paxos' Major Mistake

Discover the latest developments in the cryptocurrency world, including Trump's family's crypto profits and an error by Paxos with PayPal USD.

News

Paxos' $300 Trillion Error Highlights Blockchain's Transparency Over Traditional Banking

A recent incident involving Paxos' accidental minting of $300 trillion of PYUSD emphasizes the merits of blockchain transparency in banking errors.

Crypto

Bitcoin Whales Shift to ETFs, Trading Keys for Traditional Finance Benefits

Large Bitcoin holders are exchanging their assets for ETFs, marking a significant shift away from self-custody as they embrace traditional finance perks.

Finance

North Dakota and Fiserv to Introduce the 'Roughrider' Stablecoin

North Dakota's new Roughrider Coin, a stablecoin fully backed by the US dollar, will launch in partnership with Fiserv by 2026.

News

AI Innovations Could Revolutionize Stablecoin Liquidity, According to Paxos Labs

Paxos Labs' co-founder suggests that AI agents may enhance liquidity for stablecoins by optimizing market fragmentation.

Market Analysis

Revealing Insights from Orderbook Data on USDE's Market Collapse

A significant vulnerability in Binance's oracle system is linked to a record-breaking market crash involving $19 billion in liquidations. This analysis delves into the recent trading anomalies observed in the USDE trading pair.

Business

Rezolve AI Acquires Smartpay, A Leader in $1B Stablecoin Transactions

Rezolve AI's acquisition of Smartpay enhances its digital payments infrastructure in partnership with Tether, expanding operations in Latin America and Africa.

News

India Critiques Unbacked Cryptocurrencies as RBI Launches Digital Currency Initiative

The Indian government is cautious about cryptocurrencies while announcing a new digital currency backed by the Reserve Bank of India.

Business

Tether Plans to Nominate Candidates for Juventus Board Amid Shareholder Meeting

Tether is set to propose its own candidates for the board of Juventus, following significant investments in the football club.

Crypto

Spark's $100 Million Shift from US Treasuries to DeFi's Diversified Yields

Spark reallocates treasury assets into crypto yield strategies as traditional Treasury returns decline.

Blockchain

Aave Suspends PYUSD Trading Following Massive Mint and Burn Incident

Paxos' unexpected minting and burning of a staggering 300 trillion PYUSD triggers Aave to halt trading temporarily.

Blockchain

Ethereum Expert Dankrad Feist Joins Stripe’s Tempo Initiative

Dankrad Feist, a prominent Ethereum Foundation researcher, is transitioning to Tempo, a blockchain project developed by Stripe, while continuing his advisory role at Ethereum.

News

Bitwise Executive Envisions Solana as Wall Street's Favored Stablecoin Network

Matt Hougan from Bitwise believes Solana's efficiency positions it as the primary choice for stablecoins in the financial capital.

News

Bitwise Executive Envisions Solana as Wall Street's Leading Stablecoin Network

Bitwise's Matt Hougan believes Solana's rapid transaction capabilities may position it as the favored network for stablecoin transactions on Wall Street.

Business

Ripple Expands Fintech Services with Hidden Road Acquisition

Ripple's recent acquisition of Hidden Road aims to enhance its fintech offerings and broaden the utilization of its RLUSD stablecoin.

News

Ripple Expands to Bahrain with RLUSD Stablecoin Partnership

Ripple has announced a partnership with Bahrain Fintech Bay to introduce its RLUSD stablecoin to local financial institutions.

News

Ethereum Foundation's Key Researcher Dankrad Feist Joins Stripe's Tempo Team

Dankrad Feist, noted for his contributions at the Ethereum Foundation, has announced his transition to Stripe's Tempo blockchain team while retaining an advisory role.