Stablecoin News
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Latest Stablecoin News
Binance Labs, the venture capital and incubation arm of Binance, has invested in Perena, a stablecoin infrastructure protocol on Solana. In an announcement on Dec. 11, Binance Labs revealed it had participated in the pre-seed funding round of Quine Co.,…
Akshay Naheta is reportedly negotiating the sale of a minority stake in his stablecoin payments startup, with plans to use the proceeds for market expansion. Akshay Naheta, the former SoftBank executive behind some of the company’s biggest deals, is reportedly…
Binance and Circle announced a strategic partnership that would integrate the USDC stablecoin into Binance products and services, making it more accessible for users. On Dec. 11 at the Abu Dhabi Finance Week, Binance unveiled its strategic partnership with stablecoin…
BNB
BNB
Bitcoin-backed stablecoin USDa has become the second largest collateralized debt position project in the world, with a total market size of $84.10 million.
BTC
Bitcoin
Ripple has received the final approval from New York regulators required to launch its RLUSD stablecoin, entering a $200 billion global liquidity market.
Tether has announced that Abu Dhabi’s Financial Services Regulatory Authority has approved the company’s U.S. dollar-pegged stablecoin as an accepted virtual asset. According to the announcement on Dec. 10, Tether (USDT) is now available to authorized individuals and entities regulated…
Enterprises should consider evolving their financial strategies and utilizing the power of the blockchain and stablecoins for payments.
PYUSD
PayPal USD
The State of Wyoming is hiring blockchain developers to support the creation of its government-issued stablecoin currency. The Wyoming Stable Token Commission has issued public Requests for Qualification to attract talent for its stablecoin initiative, known as “Project WYST.” Stablecoins…
BTC
Bitcoin
Tether says that of the millions of on-chain wallets that had received the USDT stablecoin by the end of the third quarter of 2024, more than 109 million are holders. In a Dec. 9 blog post, Tether noted that millions…
Crypto provider 21Shares anticipates a transformative year for crypto in 2025, projecting Bitcoin’s continued rise, Ethereum’s revenue rebound, and the expansion of stablecoins. Crypto exchange-traded products are projected to reach $150 billion in assets under management by 2025, driven by…
The Curve DAO token saw significant growth as December started, emerging as one of the top gainers over the past month. Curve DAO (CRV) rallied 500% in 30 days, reaching $1.33 with a market cap of $1.6 billion on Dec.…
CRV
Curve DAO
Congress must pass legislation that establishes a framework for regulating stablecoins, officials say.
USDT
Tether
Ripple is pushing to launch its U.S. dollar-pegged stablecoin, RLUSD, by the end of 2024, though regulatory approvals and the holiday season could cause delays. This sentiment comes from Ripple CTO David Schwartz. Speaking at The Block’s Emergence conference in…
Copper, a digital assets custody and collateral management platform, has integrated support for the USDC stablecoin on Sui. The platform announced on Dec. 5 that USDC (USDC), a U.S. dollar-pegged stablecoin, is now available on Sui (SUI) via its infrastructure.…
Circle, the issuer of the USD Coin stablecoin, has partnered with Pockyt, a global payments platform, to offer USDC-based pay-in and payout solutions for merchants worldwide. This collaboration also incorporates Circle’s programmable wallets, creating a “Web2.5” hybrid approach that bridges…
USDC
USDC
Tether CEO Paolo Ardoino reveals some of the stablecoin firm’s recent investments in a variety of sectors, ranging from Bitcoin mining, TradFi to payments for commodity trades. During ann interview at the Emergence Conference in Prague on Dec. 5, Paolo…