Auto Added by WPeMatico
Banks in the United States are lobbying to change new stablecoin regulations under the GENIUS Act, fearing massive deposit outflows as crypto exchanges gain a competitive advantage in offering yield…
Ripple Labs has entered into a collaboration with SBI Holdings, a major Japanese financial services conglomerate, according to an announcement on Friday. The memorandum of understanding is to distribute Ripple’s…
Consensys-developed self-custodial wallet, MetaMask, has introduced its native stablecoin, MetaMask USD (mUSD). The launch is significant as it marks the first instance of a self-custodial wallet issuing a native stablecoin.…
Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, “the payment system is experiencing what I have called a ‘technology-driven revolution’.” He added that this…
Bitcoin maintained its role as the market’s anchor asset in July, to a fresh record of $123,000. Its performance, however, coincided with a notable change in market structure as investor…
A pioneering firm in the evolution from TradFi to DeFi in payments has received backing from prominent patrons to continue developing its product. Backed By Giants According to a press…
Developments surrounding the case against the SEC, the advancement of RLUSD, and enhanced XRP price volatility – check out some of the latest news associated with Ripple and its native…
Ethena’s synthetic dollar stablecoin, USDe, has seen impressive market growth in recent weeks. Its market cap now stands at $9.3 billion. Over the past month alone, it increased by 75%,…
Ethereum and Solana are the key players for derivatives, while Ondo Finance continues to make waves in the RWA space. Stablecoin movements are signalling a continuation of the current rally.…
Now, what that means is that the total amount of circulating stablecoins of these eight denominations (e.g., USDT) was collectively worth approximately $245 billion US dollars, according to CoinMarketCap data…