Stablecoin News
Latest Stablecoin News
Aptos Foundation announced that Circle’s USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain. Along with this launch, Stripe is also adding support for Aptos (APT) in its crypto payment products, a move aimed at streamlining payments…
Paxos is looking to expand its presence in the European Union through a new deal for Finland-licensed e-money platform Membrane Finance. Paxos, which issues stablecoins such as Pax Dollar, PayPal USD (PYUSD), and Pax Gold (PAXG), disclosed the potential deal…
Binance has introduced a new stablecoin, BFUSD, with an annual percentage yield of 19.55%. The stablecoin is designed to appeal to crypto users seeking passive income. The total supply of BFUSD is capped at 20 million tokens, and the stablecoin…
USDT
Tether
Tether will invest in Quantoz Payments to support the launch of euro and U.S. dollar-pegged stablecoins, EURQ and USDQ. In an announcement on Nov. 18, Tether revealed plans for an upcoming investment in the Netherlands-headquartered payments firm to facilitate the…
USDT
Tether
Dutch fintech firm Quantoz to roll out MiCAR-compliant stablecoins pegged to the euro and U.S. dollar in a bid to facilitate payments and transfers across markets. Quantoz Payments, a Netherlands-headquartered payment tech firm, plans to debut two MiCAR-compliant stablecoins —…
Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in his recent op-ed published in the Wall Street Journal. Ryan argues that America’s $35.46 trillion and rising debt threatens the U.S. dollar’s status as…
World largest stablecoin issuer Tether has unveiled a real world asset tokenization platform that allows businesses to tokenize assets ranging from stocks, bonds, equities, loyalty points, and stable coin. According to a Nov. 14 announcement, Hadron was introduced to simplify…
USDT
Tether
The London-based stablecoin startup BVNK is exploring a new funding round, aiming to raise $50 million, as investor appetite for the sector grows. Stablecoin payments firm BVNK is said to be in early discussions to raise at least $50 million…
BTC
Bitcoin
Societe Generale-FORGE is set to launch its euro-pegged stablecoin, EURCV, on the XRP Ledger in 2025. The launch on XRPL marks SG-FORGE’s latest expansion in their multi-chain approach, following earlier deployments on Ethereum (ETH) and Solana (SOL). By moving onto…
Binance will be the first platform to launch the stablecoin USUAL on Nov. 19. The crypto exchange will provide trading support for USDT and USUAL trading pairs. In a notice published on Nov. 14, Binance announced the 61st project that…
British officials are reportedly working on a plan to regulate stablecoins and exempt staking services, aiming to strengthen the country’s appeal amid U.S. regulatory shifts. The British government plans to roll out crypto regulations by December, aiming to retain firms…
Transfero, a stablecoin issuer focused on Latin American currencies, has tapped Wormhole as its interoperability provider. The Brazil-based fintech company announced the development on Nov. 13, noting that integrating Wormhole (W) will help power its stablecoins amid a multi-chain approach.…
W
Wormhole
Flare has partnered with Red Date Technology to introduce a new identity verification system for Mainland Chinese visitors in Hong Kong. The system, which uses decentralized identity technology, allows users to go through KYC checks while keeping their personal information…
Ethereum stablecoin users transferred billions to centralized exchanges following the results of the 2024 U.S. presidential race.
The two leading stablecoins are seeing increased inflows into centralized exchanges, suggesting a potential buying spree. According to data provided by IntoTheBlock, Tether (USDT) saw its exchange net flows rise from a net outflow of $43 million on Nov. 2…
Circle plans to bolster its foothold in Southeast Asia, with Hong Kong’s stablecoin roadmap incentivizing the firm’s proposed business expansion.
USDC
USDC