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Hong Kong’s central bank warned that fraudulent tokens claiming links to HSBC and licensed issuers are circulating, even though no regulated stablecoins have been issued in the market. Key Takeaways:…
Ripple and OKX announced on April 29 that RLUSD is now live on eligible OKX markets, adding 280+ spot pairs and derivatives collateral support. The rollout includes XRP/RLUSD trading, XRPL…
Meta has launched a pilot program allowing eligible creators in Colombia and the Philippines to receive earnings in USDC stablecoins through Facebook, Instagram, and Whatsapp. Key Takeaways: Meta launches USDC…
Visa announced April 29 that its global stablecoin settlement pilot has reached a $7 billion annualized run rate, up 50% quarter over quarter, and now supports nine blockchains after adding…
Circle minted $500 million in USDC on the Solana network on April 29, with the issuance being part of a week that saw Solana process $3.25 billion in fresh USDC…
Paxos Labs has embedded yield directly into Toku’s stablecoin payroll platform, giving workers in more than 100 countries a way to earn on their pay the moment it arrives, without…
Western Union’s CEO and president, Devin McGranahan, has confirmed the company’s Solana-based stablecoin USDPT is in its “final stages” of preparation and expected to go live next month. Key Takeaways:…
TRM Labs’ latest report on global cryptocurrency adoption stressed that stablecoins are being used in Venezuela as part of retail users’ arsenal to deal with high inflation and capital-constrained environments,…
Coinbase has partnered with Nium to enable global payments using USD Coin, expanding stablecoin use in cross-border transactions. The integration reflects growing demand for faster settlement and reduced reliance on…
The stablecoin market has kept a muted tone in the wake of the recent KelpDAO breach, with $892 million flowing out of the sector. Even after the drawdown, the market…