Recent in

stablecoin

Binance Forms Alliance with Trump's Crypto Initiative via USD1 Stablecoin

Binance has introduced zero-fee trading options for the Trump family’s stablecoin, enhancing its own collateral with this new asset.

Crypto

Frax and IQ Introduce KRWQ: A Stablecoin Tied to the Korean Won

Frax and IQ have unveiled KRWQ, a stablecoin pegged to the Korean won, aiming for compliance with local regulations amidst South Korea's stablecoin initiatives.

Crypto

Western Union to Test Stablecoin Transfers for Global Remittances

Western Union is exploring the use of stablecoins to enhance its international money transfer services.

Banking

Major Japanese Banks Set to Launch Yen-Based Stablecoin

Japan's leading banks are collaborating to issue a stablecoin pegged to the yen, enhancing their corporate settlements and reducing transaction costs.

Blockchain

Stripe's New Blockchain 'Tempo' Achieves $5 Billion Valuation After $500 Million Funding Round

Stripe's blockchain initiative, Tempo, secures a $500 million investment, marking a significant valuation boost just two months post-launch.

Crypto

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 News

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.

Finance

US Bancorp Initiates Stablecoin Pilot Utilizing Stellar Blockchain

US Bancorp has launched a stablecoin pilot project on the Stellar network, collaborating with PwC and the Stellar Development Foundation to explore new financial technologies.

News

Tether's 116 Tons of Gold Competes with Central Bank Reserves, Jefferies Reports

Tether's significant gold holdings could be impacting market sentiment, as highlighted in a recent Jefferies analysis.

Blockchain

New Solana Yield Product Launched by Figment and OpenTrade Aiming for 15% Returns

Figment and OpenTrade unveil a stablecoin yield product leveraging Solana staking to attract institutional investors.

Crypto

Jupiter Unveils JupUSD Stablecoin Backed by BlackRock's BUIDL Fund

Discover Jupiter's recent launch of the JupUSD, a stablecoin pegged to the dollar, aimed at enhancing its DeFi ecosystem.

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.