Tag: stablecoin

A recent report from VanEck suggests that Solana could reach a price of $330, potentially achieving half of Ethereum’s current market value.

PayPal announced a new feature allowing PayPal Business accounts to buy, sell, and trade cryptocurrencies directly through their accounts.

The U.S. Department of Justice (DOJ) has launched an antitrust lawsuit against Visa, accusing the payments giant of maintaining a monopoly in the debit payments sector.

The crypto market is buzzing with excitement as Tether (USDT) reaches new heights, Avalanche (AVAX) positions itself for a surge, and meme coins dogwifhat (WIF) and FoxLetFun (FLF) gain momentum. With these four coins dominating the market this week, investors are watching closely for potential gains. Let’s break down why these tokens are leading the […]

At the beginning of the week, Solana’s (SOL) price slightly declined but stayed close to $144 following a 9% rise over the previous week.

SG Forge, part of Société Générale, revealed on Friday its plans to launch the EUR CoinVertible (EURCV), a euro-pegged stablecoin, on the Solana blockchain.

Tether’s USDT, the largest stablecoin, continues to strengthen its market position, with its market capitalization nearing $120 billion for the first time.

Circle is preparing for its initial public offering (IPO) and is set to relocate its headquarters to Wall Street in 2025, according to CEO Jeremy Allaire.

PayPal has announced the launch of its stablecoin, PYUSD, on the Solana blockchain, citing limitations in Ethereum for payment solutions.

Louisiana has become the latest U.S. state to accept cryptocurrency payments for state services.

FTX is set to begin distributing $16 billion in assets to creditors starting in early Q4 2024.

Raoul Pal, CEO of Real Vision and prominent macro analyst, has identified a layer-1 blockchain that he believes could rise to dominance in the crypto space.

Circle has announced that it will now support local bank transfers for USDC in Mexico and Brazil, using the countries’ real-time payment systems PIX and SPEI.

A new digital asset exchange called TrueX is set to launch, backed by a team of former Coinbase executives and utilizing PayPal’s stablecoin for transactions.

Ethereum (ETH), the leading altcoin, has been underperforming compared to Bitcoin (BTC) since the start of 2024, disappointing many investors.

Fintech giant Revolut is planning to launch its own stablecoin. Sources indicate that Revolut, which recently secured a U.K. banking license and was valued at $45 billion earlier this year, is progressing well with this initiative.

BNB Chain has announced a major update designed to enhance its stablecoin infrastructure by introducing gasless transactions.

CEX.io, a centralized cryptocurrency exchange, has unveiled a new integration with financial services firm MoneyGram and the Stellar blockchain.

Tether’s USDT stablecoin has reached a milestone on The Open Network (TON), exceeding $1 billion in circulation, according to data from Token Terminal.

Former President Donald Trump has launched a new cryptocurrency venture called World Liberty Financial, aiming to reshape the digital currency world ahead of the 2024 presidential election.

On a recent episode of the Thinking Crypto podcast with Tony Edward, Johann Kerbrat, General Manager of Robinhood Crypto, hinted at the potential development of a company-branded stablecoin.

BlackRock Investment Institute is skeptical about the Federal Reserve implementing as many rate cuts as the bond market anticipates.

Circle, the issuer of USDC, has announced a strategic partnership with Sony Block Solutions Labs to integrate bridged USDC into Sony’s new Ethereum Layer 2 platform, Soneium.

As younger generations, particularly Gen Z, those born between 1997 and 2012, begin to shape the financial world, their growing inclination towards cryptocurrencies could drive major changes in financial services.

Circle, the company behind the USDC stablecoin, is optimistic about the mainstream adoption of stablecoins as a key component of digital finance.

The notorious hacking group known for its crypto thefts has lost access to nearly $5 million in stablecoins, following actions taken by stablecoin issuers to freeze the funds.

In a recent fiery discussion on X, Justin Bons, founder of Cyber Capital, has unleashed strong criticism against Tether, calling it the largest fraud in the cryptocurrency world.

Circle, the company behind the USDC stablecoin, is set to relocate its global headquarters to New York City by 2025.

Crypto exchange Bitstamp is gearing up to launch a new crypto derivatives platform within the coming months.

Former President Donald Trump has revealed the launch date for his new decentralized finance (DeFi) initiative, World Liberty Financial.

The recent ruling by England’s High Court of Justice has declared Tether’s USDT stablecoin as a form of property, a decision that could significantly influence its future trajectory.

Fidelity’s latest report anticipates that the growing use of stablecoins on Ethereum will deepen the technological and functional gap between it and Bitcoin, as well as other layer-1 blockchain platforms.

Vitalik Buterin, co-founder of Ethereum, has recently clarified the reasons behind his significant ETH sales amid growing community speculation.

In August, the total unfiltered transaction volume on the Ethereum network hit a record $1.46 trillion, with stablecoins playing a key role in this surge.

In 2024, cryptocurrency activity globally has surged, surpassing levels seen during the 2021 bull market.

TRON, Tether, and TRM Labs have launched the T3 Financial Crime Unit (T3 FCU), a new initiative designed to tackle financial crime in the cryptocurrency sector.

Stablecoin issuer Paxos is preparing to roll out its products on Arbitrum One, an Ethereum Layer 2 blockchain, marking an expansion of its services.

Ripple CEO Brad Garlinghouse sees Japan as a promising market for stablecoins and expects strong interest in a Japanese yen stablecoin.

Crypto analyst TechDev suggests that Bitcoin (BTC) and other digital assets may be experiencing a significant bear trap before a potential upward move.

In a recent discussion with Bloomberg, Tether CEO Paolo Ardoino highlighted the rationale behind choosing gold as the collateral for their new synthetic dollar, aUSDT.

The crypto market is currently witnessing a significant shift in liquidity as investors transfer large amounts of capital into stablecoins amid growing uncertainty.

Ripple CEO Brad Garlinghouse recently provided an update on the company’s future plans and the broader crypto landscape, revealing both optimistic and cautious perspectives.

On Friday, Ripple, a prominent American blockchain payments firm, executed a significant transfer of 100 million XRP, valued at approximately $54 million.

Japan’s major banks—MUFG, SMBC, and Mizuho—are gearing up to test a cross-border stablecoin transfer platform, aiming to speed up international payments for businesses.

Binance Loans has launched a new feature offering fixed-rate loans, which aims to provide users with predictable borrowing costs.

Ethereum wallet adoption is accelerating, outpacing Bitcoin in growth due to its broader functionality beyond just holding cryptocurrency.

At Korea Blockchain Week in Seoul, Ripple CEO Brad Garlinghouse shared that the company is nearing the launch of its new stablecoin, Ripple USD (RLUSD), which will be pegged to the U.S. dollar.

Cryptocurrency phishing incidents saw a dramatic increase of over 215% in August, largely due to one major attack that resulted in losses of more than $55 million.

Jeremy Allaire, CEO of Circle, envisions digital currencies triggering a profound change in money velocity similar to the internet’s impact on information and software.

September could prove to be an important month for the cryptocurrency market as major events such as the presidential debates and Federal Reserve decisions loom on the horizon.

Circle CEO Jeremy Allaire believes the crypto industry has not yet seen its most significant developments.

A recent submission by the SEC cautions FTX that the agency may oppose any efforts to repay creditors using stablecoins or other digital currencies.

Ripple Labs Inc. is making significant progress in Asia, highlighted by its participation in the WebX 2024 conference in Tokyo, Japan.

It appears that the Bitcoin ecosystem includes around 400 ‘layer 2’ solutions, a figure provided by Shehzan, the founder of the multi-chain platform Lava.

Kraken, a prominent US-based cryptocurrency exchange, has expanded its offerings by adding Shiba Inu (SHIB) as a new collateral option for futures contracts.

BNB Chain has unveiled its new official bridge, developed in partnership with Celer, deBridge, and Stargate to enhance cross-chain connectivity and liquidity within the BNB Chain ecosystem.

MakerDAO has rebranded to Sky and announced the introduction of its updated tokens – USDS and SKY, which will be launched on September 18.

Brian Armstrong, CEO of Coinbase, remains optimistic about the future of cryptocurrency payments, believing they will become mainstream within this decade.

The top cryptocurrency exchange Binance has announced the listing of a euro-backed stablecoin, that is regulated within MiCA.

The total market capitalization of stablecoins, excluding algorithmic ones, reached an all-time high of more than $168 billion over the weekend.