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International Holding Company recently executed a $30 million transaction using the new United Arab Emirates dirham-backed stablecoin. Major Institutional Transaction Executed The Abu Dhabi-based global investment company, International Holding Company…
Malta-based stablecoin issuer StablR suffered a security incident on Sunday, after an attacker exploited a weak multisig configuration to mint millions of unbacked EURR and USDR tokens and dump them…
The FDIC advanced a proposed rule that would set Bank Secrecy Act and sanctions compliance standards for bank-linked stablecoin issuers. The measure would apply to FDIC-supervised stablecoin issuers and include…
Over the last seven days, the stablecoin sector posted a slight contraction of $90.01 million, bringing the market’s total valuation to $323.052 billion, according to figures compiled by Defillama. Tether…
XRP and RLUSD were described as serving separate XRP Ledger roles, with XRP routing trades and RLUSD supporting dollar-based transactions. Evernorth’s Sagar Shah described XRP as an intermediary asset that…
Already implemented in SUI’s mainnet, the feature allows users to send any amount of funds held in stablecoins without paying fees. Adeniyi Abiodun, co-Founder and CPO of Mysten Labs, qualified…
25 additional banks have joined Qivalis, a European stablecoin initiative now backed by 37 financial institutions across 15 countries. The project reflects growing efforts by European lenders to build blockchain-based…
Fintech payroll platform Ontop has partnered with stablecoin yield infrastructure provider Opentrade to launch a platform-wide ~3% APR rewards program for its remote workforce users. Mitigating Risk for Cross-Border Workers…
Bank of England Deputy Governor Sarah Breeden has detailed a comprehensive plan to modernize the UK financial ecosystem by integrating stablecoins, asset tokenization, and overhauled payment architectures. A Shift in…
The stablecoin sector climbed to a fresh zenith of $323.343 billion during the last seven days as $1.542 billion entered the market. Tether posted a modest 0.04% gain while maintaining…