Finance
Ripple Incorporates RLUSD Stablecoin in Global Payment Framework
Ripple USD's market valuation surged to $244 million since its introduction, marking an 87% increase in the last month.
Crypto
Justin Sun Supports TUSD Amid Financial Turmoil
Techteryx alleges that its TrueUSD stablecoin faced a $456 million deficit, with funds misallocated. Justin Sun provided vital assistance to stabilize the situation.
Finance
Sumitomo Mitsui Financial Group Explores Stablecoin Innovation with Ava Labs and Fireblocks
SMBC partners with leading firms to tap into the growing stablecoin market, aiming to develop new issuance and usage frameworks in Japan.
Crypto
Circle, a Major Player in Stablecoins, Moves to Go Public Following $1.7 Billion Reserve Surge
Circle aims to trade publicly on the NYSE under the CRCL symbol, backed by significant reserve income.
Crypto
Tokenized Gold Achieves $1.4 Billion Market Valuation as Trading Activity Peaks in March
The market for gold-backed tokens surged to a record $1.4 billion, with Tether's XAUT and Paxos' PAXG leading the way, as detailed in CoinDesk's report.
Crypto
Intercontinental Exchange to Explore New Applications for Circle's USDC and USYC Tokens
The Intercontinental Exchange is set to investigate potential uses of Circle's USDC stablecoin and USYC tokenized money market fund in various financial operations.
Crypto
Wyoming's Innovative WYST Stablecoin Set to Challenge Traditional Banking
The WYST stablecoin aims to revolutionize cryptocurrency use in Wyoming, offering a fiat-backed digital currency designed for economic growth.
Finance
Wyoming Moves Toward Launching Its First Stablecoin
The state of Wyoming is set to introduce a stablecoin, which could be the first fiat-backed token issued by a public entity in the United States, aiming for a July launch.
Crypto
Donald Trump Jr. Promotes World Liberty Financial's Stablecoin at Washington Event
Donald Trump Jr. appeared via video at a Washington event to support World Liberty Financial's promotion of its new stablecoin amid legislative discussions on cryptocurrency regulation.
Finance
U.S. House's Stablecoin Legislation Set for Introduction, Key Lawmaker States
Rep. Bryan Steil indicated that the House is preparing to introduce a stablecoin regulation bill, aiming to align with the Senate's progress on similar legislation.
Blockchain
Plasma Launches HotStuff-Inspired Consensus for Swift Global Stablecoin Transfers
Plasma's blockchain aims to facilitate high-frequency global stablecoin transactions through an innovative consensus mechanism.
Crypto
World Liberty Financial Announces Backing for Dollar Stablecoin with BitGo
World Liberty Financial, linked to President Trump, reveals plans for a U.S. dollar-backed stablecoin called USD1, set to launch soon with BitGo as its custodian.
Crypto
Speculation Arises Over Trump-Backed Stablecoin Launch by World Liberty Financial
The World Liberty Financial USD token is under scrutiny as it was deployed on Ethereum and BNB Chain earlier this month, with interactions from notable addresses.
Crypto
Bakkt Appoints Akshay Naheta as Co-CEO to Enhance Stablecoin Payments
Bakkt has appointed Akshay Naheta as co-CEO and announced a partnership with his startup, aiming to enhance their stablecoin payment capabilities.
Crypto
Revealing Tether's Billions in Bond Investments: Insights from Paolo Ardoino on Their Position as the 7th Largest Buyer
Tether has significantly increased its holdings by purchasing $33 billion in U.S. Treasuries, positioning itself as the seventh largest buyer globally and emphasizing a shift towards stability and regulatory compliance.
Finance
U.S. Senate Moves Forward on Stablecoin Regulation Bill
The U.S. Senate Banking Committee has made a significant advancement in the legislation concerning stablecoins, passing the bill with a vote of 18-6.
Finance
MEXC Ventures Allocates $36M to Ethena and USDe as Demand for Stablecoins Grows
The investment will enhance adoption of synthetic dollars in decentralized finance.
Crypto
Key Updates on the Senate's Stablecoin Bill Ahead of March Vote
The Senate Banking Committee is gearing up to vote on the GENIUS Act, which incorporates significant updates regarding stablecoins.
Finance
Latest Version of U.S. Stablecoin Legislation Seeks to Redistribute Regulatory Power
The newest draft of stablecoin legislation proposes a redistribution of control between state and federal regulators, enhancing transparency and enforcement standards.
Altcoins
Circle Receives Approval for USDC Operations in Japan and UAE
Circle has gained regulatory approval to offer USDC, the global dollar stablecoin, in Japan and the UAE, marking significant advancements in cryptocurrency regulations.
