First Digital’s FDUSD Stablecoin is Officially Live on Sui - fdusd, second, usdc, sui, one, stablecoin

First Digital’s FDUSD Stablecoin is Officially Live on Sui

[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

Chainwire
Experts predict SOL can hit $500 before the end of 2024 - solana, stars, 2024, bull

Experts predict SOL can hit $500 before the end of 2024

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

Guest Post
Sky Protocol Launches USDS Stablecoin on Solana, Boosting DeFi Ecosystem - stablecoin, wormhole, sky, solana, usds, ethereum, maker

Sky Protocol Launches USDS Stablecoin on Solana, Boosting DeFi Ecosystem

Sky, a decentralized finance (DeFi) lending and borrowing protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. The implementation of USDS on Solana is made possible through Wormhole’s Native Token Tr

James M. Gathecha
Binance Announces BFUSD with High APY but Faces UST Comparisons - stablecoin, ust

Binance Announces BFUSD with High APY but Faces UST Comparisons

Binance clarified that BFUSD isn’t a stablecoin amid comparisons to UST.

Chayanika Deka
Exchange stablecoin ratio hits record low, fueling Bitcoin surge - stablecoin, bitcoin, ratio

Exchange stablecoin ratio hits record low, fueling Bitcoin surge

The exchange stablecoin ratio (ESR) is an on-chain metric that indicates the balance of liquidity between Bitcoin and stablecoins held on exchanges. The metric is calculated as the ratio of the total Bitcoin reserves to the total stablecoin reserves,

Andjela Radmilac
MicroStrategy Now Holds $30 Billion in Bitcoin—These Are Its Biggest Buys - bitcoin, stash

MicroStrategy Now Holds $30 Billion in Bitcoin—These Are Its Biggest Buys

How did Michael Saylor's firm amass a record stash of Bitcoin? Here's a look back at how MicroStrategy made such massive gains.

Logan Hitchcock
NBA star Shaq agrees to pay $11 million to settle long simmering class action lawsuit over promoting NFTs - ftx, star

NBA star Shaq agrees to pay $11 million to settle long simmering class action lawsuit over promoting NFTs

O'Neal, who is also part of a massive consolidated case against celebrity "brand ambassadors" for FTX, attempted to dismiss the case.

Daniel Kuhn
Stablecoin market hits 2-year high of $183B amid Trump victory fueled optimism - stablecoin, trump, circle, usdc, donald trump, tether

Stablecoin market hits 2-year high of $183B amid Trump victory fueled optimism

The crypto market has witnessed a significant influx of about $10 billion in new capital following President Donald Trump’s victory in the US elections on Nov. 5. DeFiLlama data shows that Tether’s USDT led the charge, rising $8 billion to a new reco

Oluwapelumi Adejumo
Binance launches BFUSD stablecoin offering 19.55% APY - stablecoin

Binance launches BFUSD stablecoin offering 19.55% APY

Binance has introduced a new stablecoin, BFUSD, with an annual percentage yield of 19.55%. The stablecoin is designed to appeal to crypto users seeking passive income. The total supply of BFUSD is capped at 20 million tokens, and the stablecoin…

Micah Zimmerman
Stellar (XLM) Surges 52% As DOGE & Monsta Mash (MASH) Eyes $5 in 2025. Monsta Mash’s Successful Presale Draws More Attention - mash, crypto, monsta, xlm, doge

Stellar (XLM) Surges 52% As DOGE & Monsta Mash (MASH) Eyes $5 in 2025. Monsta Mash’s Successful Presale Draws More Attention

The crypto market is changing rapidly, with various projects pushing to surpass the limits of innovation and profitability. XLM and DOGE are emerging among the promising altcoins that investors should watch. However, if you are on the hunt for the be

Alex Morrison
Binance clarifies ‘rewards-bearing’ BFUSD asset is not a stablecoin, hasn’t launched - stablecoin, apy

Binance clarifies ‘rewards-bearing’ BFUSD asset is not a stablecoin, hasn’t launched

The so-called "reward-bearing margin asset for futures trading" will pay out nearly 20% APY returns to holders.

MK Manoylov and Daniel Kuhn
Latam Insights Encore: Milei’s Call for Crypto Independence Highlights the Problems of State Adoption - state, crypto

Latam Insights Encore: Milei’s Call for Crypto Independence Highlights the Problems of State Adoption

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine Argentine President Javier Milei’s recent statements about maintaining a separation between

Sergio Goschenko
Binance Announces New Stablecoin Offering 19.55% Yield - world, set, yield, stablecoin

Binance Announces New Stablecoin Offering 19.55% Yield

The world’s largest crypto exchange is set to launch a high-yield stablecoin.

Squiffs
Vitalik Buterin Praises Starknet’s Efforts to Boost Ethereum Scaling Solutions - starknet, ethereum

Vitalik Buterin Praises Starknet’s Efforts to Boost Ethereum Scaling Solutions

Starknet, a Layer 2 scaling solution, has introduced version 0.13.3 to enhance Ethereum’s efficiency by reducing blob gas costs fivefold. Ethereum co-founder Vitalik Buterin praised the update on social media, recognizing Starknet’s strides in improv

Ronny Mugendi
Binance Introduces High-Yield BFUSD Stablecoin - yield, stablecoin, apy, high

Binance Introduces High-Yield BFUSD Stablecoin

Binance has introduced a new stablecoin called BFUSD intended for high-yield earnings and to act as collateral for trading and borrowing. This stablecoin comes with an APY of 19.55%, making it a fantastic alternative to traditional stablecoins. A use

Teuta Franjkovic
Mercado Bitcoin Launches MBRL Stablecoin on the TRON Blockchain, Pegged to the Brazilian Real - bitcoin, stablecoin, tron

Mercado Bitcoin Launches MBRL Stablecoin on the TRON Blockchain, Pegged to the Brazilian Real

São Paulo, November 18, 2024 – Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces the launch of MBRL stablecoin on the TRON blockchain. The MBRL stablecoin presents an innovative means of payment that combines the tr

News Desk
Ripple Suddenly Burns 53 Million RLUSD Ahead of Stablecoin Launch - sets, stablecoin

Ripple Suddenly Burns 53 Million RLUSD Ahead of Stablecoin Launch

Ripple's massive stablecoin burn sets stage for explosive market entry

U.Today
MicroStrategy Bitcoin Stash Surpasses IBM, Nike in Major Milestone - bitcoin, stash

MicroStrategy Bitcoin Stash Surpasses IBM, Nike in Major Milestone

MicroStrategy holds nearly 279,420 Bitcoin

U.Today
XRP Defies Crypto Market Cool Down and Surges by More Than 10% Amid New XRPL Stablecoin Announcement - xrp, crypto, stablecoin

XRP Defies Crypto Market Cool Down and Surges by More Than 10% Amid New XRPL Stablecoin Announcement

The payments altcoin XRP defied a brief crypto market cooldown and surged by more than 15% in 24 hours to close out Friday. The asset’s gains materialized after the French bank Societe Generale (SocGen) announced a plan to deploy its euro-pegged stab

Daily Hodl Staff