The Frax community has voted to pass FIP-418 to use BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.According to the proposal, which passed unanimously after six days of voting,

Tether’s USDT, the world’s leading dollar-pegged stablecoin, has recorded its steepest weekly decline in market capitalization since the FTX collapse in November 2022. In the week since the European Union’s Markets in Crypto-Assets (MiCA) regulation

Securitize's proposal to make BlackRock’s BUIDL token the backing for Frax Finance’s USD stablecoin has received swift governance approval, paving the way for the launch of the frxUSD stablecoin, the company announced on Thursday.

The Frax community has voted to pass FIP-418 to use BlackRock's United States dollar Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin.According to the proposal, which passed unanimously after six

Reece Merrick, Ripple’s Managing Director for the Middle East and Africa (MEA), took to the social media platform X earlier today to reflect on a transformative year for cryptocurrency while outlining Ripple’s vision for the future of digital assets

The stablecoin gasless bridge on BNB Chain offers significant utility by allowing users to bridge USDC and USDT without gas fees, potentially impacting the liquidity and attractiveness of associated tokens like Binance-Peg WETH. This feature can stim

Two-thirds of Americans expect the stock market to gain in 2025, but about the same portion of people expect more political conflict within the US and international discord, a survey shows. Management consulting firm Gallup surveyed up to 100,000 peo

Argentine President Javier Milei has outlined key policy initiatives for 2025, emphasizing free currency circulation and pro-crypto regulation. The new policies under consideration would allow Argentines to conduct transactions in any currency they p

Decentralized finance (DeFi) protocol Ethena’s stablecoin, USDe, has surpassed Sky’s Dai in total market capitalization, becoming the third-largest stablecoin after Tether’s USDt and USD Coin , according to data from DefiLlama.At less than $6 billi

A lawmaker in the Texas House of Representatives has drafted legislation to create a Bitcoin reserve as part of the state’s treasury.In a bill tentatively named the “Texas Strategic Bitcoin Reserve Act” filed with the state government on Dec. 12, Rep

A State Representative in Texas just introduced legislation to establish a strategic Bitcoin Reserve. This bill is part of a growing trend to introduce similar reserves in several states and internationally.State Representative Giovanni Gapriglione s

A leaked proposal to Russian finance minister, Anton Siluanov on the creation of a bitcoin strategic reserve in Russia, is adding to speculation about an imminent Bitcoin Space Race between the two global superpowers. This, after President-elect Dona

The post UK Crypto Regulation 2025: Rivalling EU MiCA with New Stablecoin Rules appeared first on Coinpedia Fintech News The UK is gearing up to present its crypto-regulatory framework in 2025. The announcement, made during the City & Financial G

Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe’s payment services and the stablecoin USDC. Stripe’s payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the l

The U.K. government plans to unveil draft regulations for the crypto and stablecoin markets in early 2025, Bloomberg has reported. According to the publication, Prime Minister Keir Starmer’s administration aims to establish a regulatory framework for

USDS is the third-largest stablecoin by market capitalization after Tether's USDT and Circle's USDC.

Binance clarified that BFUSD is a reward-bearing margin asset, not a stablecoin. The announcement triggered concerns, with many comparing BFUSD to the collapse of TerraUSD (UST). Binance has clarified the nature of its new asset, BFUSD, stating that

Bitcoin has set the market’s pace with multiple all-time highs recorded in less than ten days. SUI and Tron are among the altcoins that have shown similar trends with major gains in November. Meanwhile, Monsta Mash’s projected ROI of above 500X could

[PRESS RELEASE – Grand Cayman, Cayman Islands, November 20th, 2024] FDUSD becomes the second native stablecoin on Sui following USDC’s landmark deployment in early October Sui, the Layer 1 blockchain offering industry-leading performance and infinite

Solana eyes $500 amid ETF optimism, while new projects like Crypto All-Stars gain traction in the bull market. #partnercontent