Australian Bank Halts Development of ETH-Based Stablecoin
The decision of the Australian bank to halt the development of the ETH-based stablecoin project shows that startups are better positioned to innovate.
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USDV Stablecoin Expands Rapidly
USDV, a new stablecoin, rapidly expands across multiple chains, aiming to be the most widely used stablecoin with unmatched transparency and partnerships. With.
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Lugh To Stop The Issuance Of Stablecoin EURL After Binance’s Delisting Announcement: Users Given Deadline Until August 30th
After Binance announced that it could delist some altcoins in Europe, another company, Lugh, took another step to stop the issuance of its.
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PayPal’s Stablecoin, PYUSD, Goes Live On Solana
PYUSD, the stablecoin launched by PayPal, has become available on Solana. Users can onramp PayPal’s stablecoin to Solana using Crypto.com, Phantom and Paxos,.
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Philippines’ Central Bank (BSP) Greenlights Pilot For Peso-Backed Stablecoin
Philippines’ Central Bank (BSP) approves a pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins.ph. Sandbox testing to evaluate PHPC’s real-world performance.
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Tether Holdings Reports Record-Setting $4.52B Profit in Q1 2024, Discloses Net Equity for the First Time
Tether Holdings, the issuer of the leading stablecoin by market capitalization, Tether (USDT), has announced a record-breaking net profit of $4.52B in the.
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Stripe Reintroduces Crypto Payments Via USDC Stablecoin
At the company’s Global Internet Economy conference on Thursday, Stripe revealed its decision to reintroduce support for crypto payments via USDC stablecoin. During.
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Russia Bypassing Economic Sanctions By Using Tether’s USDT Stablecoin As Alternative Payment Source
US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according.
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Ripple To Launch A Stablecoin Backed By The US Dollar
Blockchain firm Ripple aims to wrestle market share from USDT and USDC with the launch of a transparent, compliance-focused dollar-backed stablecoin. After years.
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Andre Cronje Raises Concerns Over Ethena Labs’ USDe Stablecoin
Renowned decentralized finance (DeFi) builder Andre Cronje has expressed concerns about the incentives behind Ethena Labs’ USDe stablecoin in a post on X..