Streamex's Stock Rises 20% Following Launch of Gold-Backed Stablecoin Pre-Sale
Streamex announces a pre-sale for GLDY, its gold-backed stablecoin, causing a significant 20% rise in its shares.
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Streamex announces a pre-sale for GLDY, its gold-backed stablecoin, causing a significant 20% rise in its shares.
Vietnam's effort to launch a crypto trading pilot has received no applications, attributed to high capital demands and strict regulatory measures.
The GENIUS Act is reshaping the banking landscape, allowing stablecoin issuers to attract retail depositors away from traditional banks.
Stripe's CEO, Patrick Collison, asserts that stablecoins will compel traditional banks to provide real yields on deposits to stay competitive.
Industry experts suggest that the recent surge in stablecoin supply may enhance the growth of the cryptocurrency market.
Market analysts believe the record stablecoin supply may boost cryptocurrency valuations, reflecting greater global financial integration.
Kazakhstan is piloting its digital tenge CBDC alongside the Evo stablecoin, positioning itself as a future crypto hub.
Samsung Wallet partners with Coinbase to facilitate direct cryptocurrency purchases for Galaxy users, expanding access across the globe.
Crypto.com is set to incorporate Morpho lending into its Cronos platform, enabling users to earn yields on their stablecoins by lending wrapped Bitcoin and Ethereum.
Kazakhstan is developing a dual approach to digital currencies by introducing its CBDC alongside a state-backed stablecoin, aiming to bolster its position as a crypto hub.
The dominance of Tether's USDt and Circle's USDC in the stablecoin market is waning, indicating a shift in the industry dynamics.
Custodia Bank has unveiled a new solution enabling banks to tokenize deposits, enhancing security while optimizing blockchain benefits.
Reeve Collins envisions a future where every form of currency will be represented as stablecoins on the blockchain by the year 2030.

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