Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin - pyusd, stablecoin, tron

Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin

According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply

Jamie Redman
Bankrupt Swiss bank plunges $63m euro stablecoin into uncertainty over withdrawals - stablecoin

Bankrupt Swiss bank plunges $63m euro stablecoin into uncertainty over withdrawals

Swiss euro stablecoin provider Anchored Coins warned customers of losses on their holdings due to FlowBank’s bankruptcy.

Osato Avan-Nomayo
More Trouble for Bitcoin: Potential Sell-Off Looms - wbtc, bitcoin, stablecoin, dai

More Trouble for Bitcoin: Potential Sell-Off Looms

Wrapped Bitcoin (wBTC) makes up about 10% of the reserves for the overcollateralized stablecoin DAI.

exbasi.com
Ripple Stablecoin RLUSD Beta Testing Goes Live on XRPL and Ethereum - beta, stablecoin, ethereum

Ripple Stablecoin RLUSD Beta Testing Goes Live on XRPL and Ethereum

Ripple has officially started the private beta testing of its proprietary USD stablecoin project Ripple USD (RLUSD) on the Ethereum… The post Ripple Stablecoin RLUSD Beta Testing Goes Live on XRPL and

Sam Wisdom Raphael
Impact of stringent MiCA stablecoin regulations - stablecoin, crypto

Impact of stringent MiCA stablecoin regulations

The Markets in Crypto-Assets Regulation (MiCA), partly effective as of June 30, 2024, is a comprehensive regulatory framework established by the European Union. MiCA aims to foster innovation, ensure

exbasi.com
Blast-incubated stablecoin USDB briefly loses peg amid market turmoil - value, dai, peg, usdb, stablecoin

Blast-incubated stablecoin USDB briefly loses peg amid market turmoil

Decentralized stablecoin USDB, backed by DAI, has temporarily lost its peg to the U.S. dollar, dropping 6% in value. USDB, a decentralized stablecoin, has come under heavy pressure as its price in a m

Denis Omelchenko
Ripple unveils webpage for upcoming RLUSD stablecoin amid growing market competition - stablecoin, xrp, one

Ripple unveils webpage for upcoming RLUSD stablecoin amid growing market competition

Blockchain payments firm Ripple has unveiled a webpage for its much-anticipated stablecoin, Ripple USD (RLUSD). This webpage has led to excitement within the XRP community about the stablecoin’s immin

exbasi.com
Just In: Ripple Launches Website for RLUSD Stablecoin - stablecoin

Just In: Ripple Launches Website for RLUSD Stablecoin

In what is coming as a shock to community members, blockchain payments firm Ripple Labs Inc. has launched the webpage for its stablecoin RLUSD. While this might seem a long-due move from the company,

Godfrey Benjamin
Stablecoin market surges past $160 billion, reaching a two-year peak - tether, stablecoin, peak

Stablecoin market surges past $160 billion, reaching a two-year peak

The stablecoin market's growth signifies increased liquidity and adoption in the crypto-economy, highlighting Tether's dominant role. The post Stablecoin market surges past $160 billion, reaching a tw

Gino Matos
Elixir Network Launches Decentralized Synthetic deUSD Stablecoin - elixir, stablecoin

Elixir Network Launches Decentralized Synthetic deUSD Stablecoin

The Elixir network has launched deUSD stablecoin, a decentralized asset that aims to change the DeFi ecosystem. The team asserted a $1 billion liquidity for the new asset outlining its ecosystem and o

David Pokima
Solana-based PayPal stablecoin supply closes gap on Ethereum PYUSD - stablecoin, solana, ethereum, may, pyusd

Solana-based PayPal stablecoin supply closes gap on Ethereum PYUSD

After launching in May, supply of PYUSD on Solana has nearly caught up with the supply of PYUSD on Ethereum.

RT Watson
Swiss financial watchdog FINMA rolls out guidance for stablecoin issuers - stablecoin

Swiss financial watchdog FINMA rolls out guidance for stablecoin issuers

Swiss regulator FINMA has published guidance on stablecoin issuers, urging them to verify the identity of all persons holding digital tokens pegged to fiat currencies. The Swiss Financial Market Super

Denis Omelchenko
Solana’s Solend Rebrands to Save and Announces Plans to Launch Stablecoin - solend, stablecoin, solana, launch

Solana’s Solend Rebrands to Save and Announces Plans to Launch Stablecoin

Solend, now Save, said it wants to launch a native stablecoin, a liquid staking token, and a protocol for shorting memecoins.

Squiffs
Hong Kong’s ZA Bank starts offering services to stablecoin issuers - kong, stablecoin, bank

Hong Kong’s ZA Bank starts offering services to stablecoin issuers

Hong Kong-based digital bank ZA Bank is launching reserve banking services for participants of the stablecoin sandbox. Hong Kong‘s digital bank, ZA Bank, is now offering reserve banking services to stablecoin issuers, as the Hong Kong Monetary Author

Denis Omelchenko
Hong Kong Regulator Names Stablecoin Issuer Sandbox Participants - stablecoin, kong

Hong Kong Regulator Names Stablecoin Issuer Sandbox Participants

Hong Kong’s HKMA publishes the list of potential stablecoin issuers admitted to its sandbox.

exbasi.com
Circle CEO says EU’s MiCA crypto law ‘introduces a lot of bank risk’ - circle, stablecoin

Circle CEO says EU’s MiCA crypto law ‘introduces a lot of bank risk’

Stablecoin reserve requirements will be an important part of MiCA’s review, Circle says.

Inbar Preiss
Warren Buffett’s Top Stock Picks for Stable Returns - stable

Warren Buffett’s Top Stock Picks for Stable Returns

Known as the "Oracle of Omaha," Warren Buffett leads Berkshire Hathaway with a philosophy rooted in compound investing.

exbasi.com
Circle Brings EURC To Base Boosting Stablecoin Adoption - eurc, stablecoin, usdc, l2, circle, base

Circle Brings EURC To Base Boosting Stablecoin Adoption

The stablecoin giant Circle has once again made global headlines by revealing plans to introduce EURC, its first euro-backed stablecoin, to Base, an L2 (layer 2). This mover comes as an effort to jack up developers in delivering faster and cheaper co

Coingape Staff
Justin Sun To Launch Gas-Free Stablecoin Transfer On Tron, Other Networks - tron, stablecoin, gas, sun

Justin Sun To Launch Gas-Free Stablecoin Transfer On Tron, Other Networks

In an exciting development, Justin Sun, founder of Tron Network, has announced plans are underway to introduce gas-free stablecoin transfers. This has drawn much reaction with many applauding Tron’s latest proposed feature, while other users criticiz

Semilore Faleti
Tron’s Path to New All-Time Highs: Here’s Why It’s Ready to Soar! - new, gas, stablecoin, tron

Tron’s Path to New All-Time Highs: Here’s Why It’s Ready to Soar!

The post Tron’s Path to New All-Time Highs: Here’s Why It’s Ready to Soar! appeared first on Coinpedia Fintech News TRON, under the leadership of founder Justin Sun, is poised for significant growth with its innovative approach to stablecoin transfer

Zafar Naik