Binance Announces BFUSD with High APY but Faces UST Comparisons
2 Mins read
Binance’s token BFUSD has already sparked speculation even before its launch. It all started with Binance’s introduction of the new asset on…
Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant
1 Mins read
This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe…
Stablecoin Supply Hits Record $176.2B Amid Market Recovery
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The total stablecoin supply reached an all-time high of approximately $176.2 billion. According to data compiled by Token Terminal, stablecoin supply has…
UK to Introduce Legislation on Stablecoins, Crypto Staking: Report
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The British government plans to introduce legislation to regulate stablecoins and crypto staking. This move comes as President-elect Donald Trump lays out…
Crypto Kidnapping: Tourist Held Captive, Forced to Transfer $250K in USDT
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A 23-year-old Ukrainian tourist in Phuket, Thailand, was kidnapped and forced to transfer $250,000 in USDT stablecoins (about 8.56 million baht) to…
Here's When Ripple's Stablecoin Is Expected to Launch: President Monica Long
2 Mins read
TL;DR Ripple’s RLUSD stablecoin is in beta testing, with a launch pending regulatory approval. The team has picked Bitstamp, Bitso, Uphold, and…
$9.3B ERC-20 Stablecoin Inflow to Exchanges Following Elections, Another Rally Coming?
2 Mins read
Donald Trump’s win triggered massive gains for not just digital assets but also crypto-related stocks, and ETF flows on November 6 and…
Wintermute Pushes for Ethena Fee Switch to Benefit sENA Token Holders
1 Mins read
Crypto market maker and liquidity provider Wintermute has proposed a fee switch framework for the Ethena protocol. The main objective behind this…
Global Dollar Network Launches: Crypto Titans Aim to Redefine Payments
1 Mins read
A consortium of crypto and fintech giants is launching the Global Dollar Network for seamless cross-border payments. A New Frontier: Crypto Leaders…
Crypto and Fintech Leaders Launch Global Dollar Network and USDG Stablecoin
2 Mins read
On Nov. 5, crypto, venture capital, and fintech firms Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood announced the launch…