Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion
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Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO…
AED Stablecoin Gets Green Light From UAE Central Bank
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AED Stablecoin LLC has received approval from the Central Bank of the United Arab Emirates (UAE) to launch its stablecoin, AE Coin….
Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review
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In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI…
Latam Insights: Venezuela Reaches Crypto Milestone, Consortium Announces Real Stablecoin
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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue,…
Circle Brings USDC to Sui: What This Means for Bridged Tokens
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Circle has introduced native USDC on the Sui blockchain, giving developers and users direct access to USDC without relying on bridges. This…
Brazilian Crypto Giants Team up to Launch Real-Pegged Stablecoin
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Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The…
Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD
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Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin…
Paypal Completes First Corporate Transaction Using PYUSD Stablecoin
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Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone…
Sky Reports Over 1 Billion USDS Minted Since August Rebrand
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It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and…
Circle to Expand USDC Stablecoin to Australia and APAC Region Through Strategic Partnership
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Mark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to…