BitGo Introduces USDS Stablecoin, Aiming to Shift Market Dynamics
New dollar-backed stablecoin will reportedly offer rewards for liquidity providers and prioritize transparency.
New dollar-backed stablecoin will reportedly offer rewards for liquidity providers and prioritize transparency.
The London-based fintech firm is reportedly planning a deeper crypto push.
TrueX will exclusively settle trades using PayPal’s PYUSD stablecoin — a market underdog.
The post Former Coinbase Executives Launch Crypto Platform Focusing On PayPal’s Stablecoin appeared first on Coinpedia Fintech News According to the latest Bloomberg report, two former high-level Coinbase Global Inc. employees unveiled a crypto platf
[PRESS RELEASE – Dubai, UAE, September 18th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has announced new developments as part of a strategic focus to become the core infras
BitGo is set to launch the USDS Stablecoin, a new financial instrument designed to enhance liquidity in the stablecoin market by rewarding institutions that contribute to its ecosystem. This innovative approach aims to set USDS apart in a highly comp
Chainlink Labs and Fireblocks collaborate on a stablecoin platform. The platform simplifies stablecoin issuance and enhances regulatory compliance. Continue Reading:Empowering Financial Institutions with a Unified Stablecoin Solution The post Empower
TON Foundation collaborates with Curve Finance to incubate a stable swap project, enhancing stablecoin trading and liquidity on the TON blockchain.
In what should be an important development for the stablecoin, Circle has expanded access to its USDC offering…
Circle has expanded its stablecoin operations in Latin America to include Brazil and Mexico. In a company statement, stablecoin operator Circle revealed that its (USDC) token can now be used to settle payments in Brazil and Mexico. The feature suppor
The TON Foundation and Curve Finance have announced a new collaboration to incubate a stable swap project on the TON blockchain, according to a Sept. 17 statement shared with CryptoSlate. This collaboration aims to make stablecoin trading more effici
Stablecoin issuer Circle is expanding its native issuance of USD Coin (USDC) and deploying its Cross-Chain Transfer Protocol on the layer-1 blockchain Sui. In a Sept. 17 X post, Evan Cheng, co-founder and CEO of Mysten Labs, revealed that his firm’s
Based on trading volume, dollar pegged stablecoins Tether ($USDT), USD Coin ($USDC), and Dai ($DAI) account for over 94% of the total stablecoin market.
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.
An investigation by sleuth ZachXBT found that North Korean hackers managed to turn hundreds of millions of dollars worth of crypto into fiat.
Ethereum, the second largest crypto by market cap, is trading at $2,420 after a recent price rally. Ethereum has been up by 3.4% and 6.3% in the past 24 hours and seven days, respectively, which has raised hopes for an extended bullish run. As the pr
The chief executive of stablecoin issuer Circle (USDC) says that the firm is moving its headquarters to New York City. In a new thread on the social media platform X, Circle CEO Jeremy Allaire says that the company is moving to New York from Boston t
Tether has appointed former PayPal executive Jesse Spiro as its head of government affairs to lead policy and engagement with lawmakers, regulators, and key stakeholders. Stablecoin issuer Tether (USDT) is expanding its government relations efforts w
Ripple Labs confirmed the issuance of an additional 90 RLUSD stablecoins, continuing its operational strategy to expand its digital assets. According to data from the Ripple Stablecoin Tracker, these mintings mark a significant step for the company.
Fidelity sees stablecoin usage differentiating Ethereum from Bitcoin. Ethereum's network effects and utility offer advantages over competitors. Continue Reading:Fidelity Predicts Stablecoin Usage Will Distinguish Ethereum from Bitcoin The post Fideli