Stablecoin News
Latest Stablecoin News
Binance Labs and Kraken Ventures led the $10 million Series A funding round for Usual, a decentralized fiat-backed real-world assets stablecoin issuer. Usual, the RWA-backed stablecoin issuer that uses its USUAL token to distribute value and ownership, revealed the fundraising…
The blockchain developer ecosystem is shifting: fewer developers are entering the space, and experienced developers are dominating the work, Electric Capital’s research report shows. Blockchain developers are key to the crypto industry. They build apps and tools that attract users…
Tether, the company behind crypto’s $140 billion stablecoin USDT, may expand its artificial intelligence by early 2025
USDT
Tether
Industry leaders Ivan Soto-Wright, CEO of MoonPay, and Nancy Beaton of Uphold highlight stablecoins as a transformative 'killer use case' for the crypto industry.
XRP
XRP
RLUSD
Ripple USD
Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading.…
BVNK, a stablecoin infrastructure platform founded in 2021, has announced it raised $50 million in its Series B funding round. The platform plans to use the funding to drive the next phase of its business growth, it said in a…
Ripple’s stablecoin RLUSD is live on major crypto exchanges, the U.S.-based crypto company has announced. The launch of the Ripple USD (RLUSD) stablecoin follows the official announcement of its highly anticipated unveiling on December 16. In that communication, Ripple stated…
Tether, the company behind the USDT stablecoin, made an investment in the European firm StablR. The investment comes as the European Union prepares to implement the Markets in Crypto-Assets regulatory framework on December 30, 2024. MiCA sets clear compliance standards for…
Ripple’s U.S. dollar stablecoin will become available on the XRP Ledger and Ethereum blockchain starting Tuesday, Dec. 17.
XRP
XRP
Ethena Labs has introduced a new stablecoin, USDtb, backed by BlackRock’s USD Institutional Digital Liquidity Fund. USDtb operates similarly to other popular fiat-backed stablecoins like USD Coin (USDC) and Tether (USDT), with reserves held in cash or cash-equivalent assets at…
David Schwartz, the Chief Technology Officer of Ripple, has warned investors about possible supply constraints and price fluctuations for the company's USD-pegged stablecoin, RLUSD, upon launch.
XRP
XRP
The Bank of England’s Prudential Regulation Authority has issued a data request asking firms to disclose their current and planned exposures to “cryptoassets.” The statement requested firms to disclose their current and expected future “cryptoasset exposures” and to explain their…
Coinbase will restrict European users from trading certain stablecoins like Tether due to MiCA regulatory constraints.
Paris-based asset manager and private banking services Oddo will collaborate with Fireblocks to enter the stablecoin market. Oddo BHF SCA brought an initiative to increase the use case of euro-dominated stablecoin by working with a crypto technology firm. This project…
While meme coins sparked a frenzy among retail traders, stablecoins seem to emerge as crypto’s most promising innovation so far. The meme coin craze keeps going strong, even though regulators are being cautious because of their wild price swings. While…
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.,…