Stablecoins Remain 1% of US Money Supply, FX Market but Experts Predict 10x Growth
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With a current market cap of less than $200 billion, stablecoins represent a tiny fraction of global financial transactions – just 1%…
Coinbase Will Discontinue USDC Rewards in the EEA on December 1st
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American crypto exchange Coinbase will stop offering rewards to holders of the USD Coin (USDC) stablecoin located in the European Economic Area…
Big Ripple (XRP) Announcement Soon? Company Burns Millions of RLUSD Tokens
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TL;DR Ripple’s stablecoin is reportedly ready for launch, pending NYDFS approval. XRP remains strong, boosted by political shifts and anticipation of RLUSD’s…
Cantor Fitzgerald to Tap Tether in $2B Bitcoin Lending Project, Secures 5% Stake
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Howard Lutnick, US President-elect Donald Trump’s pick for Commerce Secretary, aims to launch a $2 billion project to lend dollars to clients…
Binance Announces BFUSD with High APY but Faces UST Comparisons
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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
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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…