U.K. to unveil crypto, stablecoin rules early next year - stablecoin, early, crypto

U.K. to unveil crypto, stablecoin rules early next year

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

Benson Toti
UK to deliver comprehensive crypto regulation framework by early 2025 - stablecoin, crypto

UK to deliver comprehensive crypto regulation framework by early 2025

The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies.

Cointelegraph by Derek Andersen
Sky (Formerly Maker) Announces USDS’s Debut on Solana Blockchain - usdt, usds, usdc, circle, tether, stablecoin

Sky (Formerly Maker) Announces USDS’s Debut on Solana Blockchain

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

Chayanika Deka
Binance on BFUSD: Not a Stablecoin, High-Yield Concerns Addressed - stablecoin, ust

Binance on BFUSD: Not a Stablecoin, High-Yield Concerns Addressed

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

AnnJoy Makena
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
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
Sky, formerly Maker, launches USDS stablecoin on Solana - usds, solana, stablecoin, maker, sky

Sky, formerly Maker, launches USDS stablecoin on Solana

Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.

Cointelegraph by Martin Young
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
Paxos acquires Membrane Finance for EU stablecoin expansion - stablecoin, membrane

Paxos acquires Membrane Finance for EU stablecoin expansion

Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license.

Cointelegraph by Derek Andersen
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
Binance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacks - terra, stablecoin

Binance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacks

Binance has clarified its forthcoming BFUSD asset is not a stablecoin as crypto users started freaking out over its promise of high yields.

Cointelegraph by Tom Mitchelhill
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
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
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
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
A $9.7 Billion Boom in 14 Days—Stablecoin Market Eyes Historic Peak - stablecoin

A $9.7 Billion Boom in 14 Days—Stablecoin Market Eyes Historic Peak

Over the past 14 days since Nov. 2, an eye-popping $9.736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powe

Jamie Redman