Stablecoin money movement firm Bridge raises $58 million in funding - money, stablecoin, bridge

Stablecoin money movement firm Bridge raises $58 million in funding

Started by former Coinbase and Square employees, Bridge is building a stablecoin-powered money movement platform.

Stables Money onboards Coins.ph's Philippine peso stablecoin  - money, stablecoin

Stables Money onboards Coins.ph's Philippine peso stablecoin 

Stables Money already has a chunk of the $35 billion Philippine remittance market and will upgrade service with the new stablecoin.

Cointelegraph by Derek Andersen
PayPal’s PYUSD Stablecoin Surpasses $1B Market Cap - stablecoin, paypal usd, pyusd, cap

PayPal’s PYUSD Stablecoin Surpasses $1B Market Cap

PayPal’s stablecoin, PayPal USD (PYUSD), has reached a significant milestone. It has surpassed $1 billion in total market capitalization, according to CoinMarketCap data. Let’s explore more about PYUSD. PYUSD Hits $1B Market Cap, Competing with Top S

Victor
Stablecoin market cap hits new all-time high amid 11 months of growth - time, stablecoin, cap

Stablecoin market cap hits new all-time high amid 11 months of growth

The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 million, its highest point in history.

Cointelegraph by Stephen Katte
PayPal and Anchorage Digital Launch Rewards Program for PYUSD Stablecoin - pyusd, stablecoin

PayPal and Anchorage Digital Launch Rewards Program for PYUSD Stablecoin

PayPal has partnered with Anchorage Digital to introduce a rewards program for clients holding PayPal's USD stablecoin (PYUSD).

Ruholamin Haqshanas
Tether Law Enforcement Support Boosted With Over $100M Recovered - stablecoin, tether, law, usdt

Tether Law Enforcement Support Boosted With Over $100M Recovered

Key Points: Stablecoin issuer Tether law enforcement support is being increased with a recovery of over $108.8 million in USDT tied to illicit activities since 2014. Read more: Tether Venture Investment Is Being Actively Fueled By Huge Profits Tether

Ripple Resumes RLUSD Minting: What’s Next for the Stablecoin? - xrp, stablecoin

Ripple Resumes RLUSD Minting: What’s Next for the Stablecoin?

Ripple has minted new RLUSD tokens, marking a significant step toward the stablecoin's launch on the XRP Ledger.

Tron’s USDD Stablecoin Removes 4000 Bitcoin Reserves, Justin Sun Explains Why - usdd, tron, stablecoin

Tron’s USDD Stablecoin Removes 4000 Bitcoin Reserves, Justin Sun Explains Why

The Tron DAO Reserve undertook a major decision about removing Bitcoins as part of the reserves for its USDD stablecoin while flowing the proceeds back into HTX coin. This move has got crypto industry observers on the edge of their seats with Tron’s

Bhushan Akolkar
Coinbase will enable 1:1 conversions between the euro and MiCA-compliant stablecoin EURC - one, stablecoin, eurc

Coinbase will enable 1:1 conversions between the euro and MiCA-compliant stablecoin EURC

The one-to-one conversions between EUR and EURC, which will be available on Coinbase Advanced, will have no associated fees.

Adam James
Latin E-Commerce Giant Launches New US Dollar-Pegged Stablecoin - stablecoin, new

Latin E-Commerce Giant Launches New US Dollar-Pegged Stablecoin

Mercado Libre, the leading e-commerce giant in Latin America, has introduced a new US dollar-pegged stablecoin through its digital banking service, Mercado Pago.

Tether Launches Stablecoin on Aptos to Cut Costs - usdt, aptos, stablecoin, tether

Tether Launches Stablecoin on Aptos to Cut Costs

Tether launches its USDT stablecoin on the Aptos blockchain, aiming to reduce transaction costs and expand global digital asset accessibility.

Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt - stablecoin, pyusd, growth, tether

Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt

The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion

Jamie Redman
PayPal’s PYUSD Becomes Sixth-Largest Stablecoin - pyusd, stablecoin

PayPal’s PYUSD Becomes Sixth-Largest Stablecoin

PayPal’s stablecoin, PYUSD, has recently surpassed Tron’s USDD in market capitalization, positioning itself as the sixth-largest stablecoin in the crypto space.

Paypal PYUSD Become Sixth Largest Stablecoin - pyusd, paypal usd, stablecoin, bitcoin

Paypal PYUSD Become Sixth Largest Stablecoin

More than half of August has passed, but the crypto market is still stuck in neutral sentiments with minor recoveries here and there. Bitcoin, the biggest cryptocurrency in the market, has surged almo

Pooja Khardia
Tron network leads in stablecoin market share amid growing monthly transfer volume - stablecoin, tron, share, usdt

Tron network leads in stablecoin market share amid growing monthly transfer volume

Tron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $384 billion in July.

Cointelegraph by Nancy Lubale
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