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
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
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
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
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,
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
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
After launching in May, supply of PYUSD on Solana has nearly caught up with the supply of PYUSD on Ethereum.
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
Solend, now Save, said it wants to launch a native stablecoin, a liquid staking token, and a protocol for shorting memecoins.
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
Hong Kong’s HKMA publishes the list of potential stablecoin issuers admitted to its sandbox.
Stablecoin reserve requirements will be an important part of MiCA’s review, Circle says.
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
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
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
The TRON Network has recently witnessed notable activity within its stablecoin ecosystem for the period spanning June 28 to July 4, 2024, as the average daily transfer volume of stablecoins surged to an impressive $13.93 billion across various stable