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TL;DR Ripple’s stablecoin RLUSD gained support from another well-known cryptocurrency exchange. XRP rebounded to $2.27 after a correction, with analysts predicting a substantial rally in the short term. The Next…
In 2024, euro-backed stablecoins emerged as a critical driver of growth in the European cryptocurrency market, bolstered by the implementation of the Markets in Crypto-Assets Regulation (MiCA). In fact, these…
Over the past month, the stablecoin market has swelled over $200 billion, and two fiat-backed tokens have experienced eye-catching expansions. Ethena’s yield-generating stablecoin, USDE, has grown rapidly, now approaching 6…
Michael Saylor, co-founder and executive chairman of Microstrategy, has discussed the opportunity for the U.S. to make the dollar ubiquitous by building a regulatory framework that allows U.S. banks to…
Bitcoin’s (BTC) climb to record levels has lifted the crypto market, and as the year wraps up, it’s sparking strong bullish sentiment for the future. In the backdrop, there has…
Ethena Labs officially launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), on December 16th. Developed in partnership with Securitize, USDtb is designed to operate…
The TRON blockchain has achieved a remarkable feat, processing $587.2 billion in USDT transfers during November 2024. This all-time high (ATH) reflects significant growth compared to $424.4 billion in September…
Ripple, the US-based enterprise company behind the third-largest cryptocurrency by market cap, made the headlines on December 16, announcing that its long-anticipated stablecoin is finally ready to be deployed, which…
The stablecoin market has experienced remarkable growth in 2024, driven by rising cryptocurrency adoption and a surge in institutional participation. All eyes are now on Ripple’s newly approved stablecoin, Ripple…
Ripple’s long-awaited stablecoin will finally see the day of light tomorrow, the company announced minutes ago. The statement also outlined several platforms where users will be able to purchase the…