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Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network, aiming to bridge institutional FX liquidity with the stablecoin market. The…
Ripple’s RLUSD just hit crypto exchange Kraken, boasting over $10 billion in volume and a soaring $250 million market cap as it powers real-world DeFi and enterprise payments. RLUSD Goes…
First Digital’s stablecoin, FDUSD, slipped almost 10% today, falling below its intended peg after news broke of a lawsuit targeting the company’s CEO. Adding fuel to the fire, Tron founder…
Ripple has integrated its USD-backed stablecoin, RLUSD, into its Ripple Payments platform to streamline cross-border transactions for enterprise clients, with the asset nearing $250 million in market capitalization since its…
Circle Internet Group Inc., a leading stablecoin operator, is aiming to go public with an S-1 filing that outlines major opportunities and challenges in the fast-evolving digital finance sector. Circle’s…
The stablecoin economy expanded notably in March, posting a 4.52% increase over the month. Roughly $10.148 billion flowed into the fiat-pegged sector during the 31-day stretch. March Stablecoin Boom The…
The Stanford Blockchain Club published a paper on March 28 introducing “Type III Stablecoins,” a new category of yield-bearing stablecoins governed by autonomous smart contracts, developed by Cap Labs’ Benjamin…
Acting SEC chair rejects enforcement, first US bank-issued stablecoin, Bitcoin’s four-year cycle at crossroads, and more in this Week in Review. Week in Review Acting SEC Chair Uyeda called for…
Through Juno, a new subsidiary dedicated to digital assets and stablecoin issuance, Bitso aims to introduce the Mexican peso stablecoin to serve several use cases, with remittances and cross-border payments…
The U.S. state of Wyoming has identified nine candidate blockchains to host its upcoming stablecoin, dubbed WYST. The state has selected Layerzero, an omnichain interoperability protocol, as the top-ranked vendor…