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Latest Stablecoin News
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The Consumer Financial Protection Bureau has proposed a rule that would require U.S. cryptocurrency companies to refund customers who lose funds due to hacks or unauthorized transactions. he proposal aims to extend the consumer protections already in place for traditional…
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2025 looks promising for the cryptocurrency industry after sectors like OTC and stablecoin transactions witnessed booms in 2024, Finery Markets experts shared.
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Stablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. USD0++, the staked version of the USD0 stablecoin by Usual, dropped to $0.92 — 8% below its previous…
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Sonic Labs has announced that the Ethereum virtual machine layer-1 chain Sonic now supports the bridged version of Circle stablecoin USDC. The USDC.e stablecoin on Sonic, bridged from native USDC (USDC) on Ethereum via the Sonic Gateway, is now live…
USDC
USDC
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FV Bank is expanding its stablecoin offerings, adding PYUSD for USD integration and cross-border payments. FV Bank has enhanced its stablecoin services by integrating PayPal USD (PYUSD) into its digital banking platform. This addition enables account holders to receive PYUSD…
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Stablecoin issuer Agora has hit a new milestone with the first-ever over-the-counter transaction involving its flagship asset, Agora USD. The company announced the significant development on Jan. 8, noting that the OTC transaction involved collaboration with Galaxy Digital, a digital…
ETH
Ethereum
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Fidelity Digital Assets released its latest report and with it a bullish forecast for the crypto market, with some game-changers that might take place in 2025.Â
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Bitcoin
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Ripple has integrated Chainlink’s blockchain technology to provide reliable pricing data for its RLUSD stablecoin. RLUSD, a USD-backed digital currency, is designed for secure, instant payments and is supported on both the (XRP) Ledger and Ethereum (ETH) blockchains. With this…
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Tether and a top third-party cryptocurrency exchange have announced a chain swap that will move $1 billion USDT from other blockchains to the Tron network. On Jan. 6, stablecoin issuer Tether posted on X that it plans to coordinate with…
Markets
Ethena price rises for two straight days as annual revenue increases and a Chainlink whale buys its token. Ethena (ENA) rose to an intraday high of $1.07, crossing the critical resistance level of $1 for the first time in over…
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Ethena
USDE
Ethena USDe
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Tether’s U.S. dollar stablecoin witnessed its biggest downturn since FTX collapsed during the lethargic 2022 crypto market period.
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Ethereum scarcity narrative is “equally strong” to Bitcoin in practice, says 1confirmation’s Nick Tomaino, predicting ETH price to surpass $10,000. Ethereum’s (ETH) growth and deflationary supply make $10,000 achievable, says 1confirmation founder Nick Tomaino, citing the network’s dominance in decentralized…
ETH
Ethereum
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As banks gear up to issue stablecoins for payments, 2025 could mark a turning point for stablecoin adoption, Dragonfly Capital’s Haseeb Qureshi predicts. Stablecoins are set to revolutionize small and medium-sized business payments in 2025, shifting from trading and speculation…
USDT
Tether
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Tether, the issuer of $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million.
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HyperLiquid, the recently launched layer-1 blockchain and decentralized exchange, could outpace rivals in terms of fee generation in the next year, Syncracy Capital co-founder Ryan Watkins says. The DEX platform for perpetual futures has, in the past few days, attracted…
HYPE
Hyperliquid
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The National Bank of Cambodia has given commercial banks and payment firms permission to provide crypto-related services, but not for Bitcoin and other unbacked tokens. According to the Phnom Penh Post, the NBC formally declared the decision to allow banks…
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