Cantor Fitzgerald CEO Props up Stablecoins in the Fight for US Dollar Hegemony
1 Mins read
Howard Lutnick, CEO of financial services company Cantor Fitzgerald, highlighted the value of stablecoins in the fight to maintain the hegemony of…
Circle CEO Shares ‘Super Bullish’ Stance and Unprecedented Optimism on Crypto
1 Mins read
Circle CEO Jeremy Allaire has expressed unprecedented optimism about the future of crypto, highlighting its transformative potential. “I have been building Circle…
Stablecoins Could Capture 10% of Global Economy in the Next Decade: Circle CEO
2 Mins read
Circle CEO Jeremy Allaire has stated that stablecoins could account for 10% of “global economic money” within the next decade or so….
Tether's 'Genius Idea:' Launching aUSDT, a Gold-Backed Stablecoin with Higher Profit Potential
2 Mins read
On June 17, Tether CEO Paolo Ardoino announced aUSDT, a new synthetic dollar over-collateralized by XAUt, Tether’s gold-backed digital asset. In a…
Salvadoran Government Introduces Bitcoin Banking Law Reform
1 Mins read
The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The…
Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China’s Growing Influence
1 Mins read
Paul Ryan, a former speaker of the House of Representatives, has assessed the possible role that stablecoins will play in fighting an…
Major Ripple Advancements and Top XRP Price Forecasts as of Late
2 Mins read
TL;DR Ripple plans to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum, despite SEC’s criticism. Meanwhile,…
BIS Survey: 94% of Central Banks Exploring Digital Currency
1 Mins read
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There…
Paxos Reportedly Downsizes Workforce by 20%: Details
2 Mins read
Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65 individuals, Bloomberg reported Thursday, citing…
Tether Dominates Polygon's Stablecoin Market with $792M Cap, Growing 29% QoQ
1 Mins read
Polygon has witnessed a remarkable surge in its stablecoin market capitalization this quarter. According to the latest report from Messari, the Ethereum Layer…