Stablecoins

SCB Launches First Stablecoin Cross-Border Payment in...

SCB launches Thailand’s first stablecoin-based cross-border payment service, improving efficiency, lowering costs, and enhancing remittances globally. Siam Commercial Bank (SCB), Thailand's fourth-largest and oldest bank,...

Paxos Introduces Stablecoin Platform for Enterprises Alongside...

Paxos is bringing a stablecoin platform to increase stablecoin acceptance among merchants with features like instant fiat settlements at their end for stablecoin transactions...

Binance Research Report Talks About the State...

Regulations globally look to make stablecoin usage safer for users and prevent threats to national currencies. A Binance Research report delved into the stablecoin vertical...

Local Stablecoin Issuer Gets Approval From UAE...

AED Stablecoin has received in-principle approval in the UAE for its AE Coin as Tether’s entry into the UAE’s crypto market looms. AED Stablecoin, a...

Tether Explores Commodities and TradFi Ventures

Tether explores new opportunities in commodities and TradFi while maintaining stablecoin reserves, focusing on separate investment ventures and growth. Tether CEO Paolo Ardoino recently announced...

Ethena Proposes Adding SOL as Backing Asset...

Ethena proposes adding Solana (SOL) as a backing asset for USDe, aiming to boost revenue and meet growing market demand. Ethena has proposed adding Solana...

TRON Surpasses 10 Million Active Users Monthly...

TRON surpasses 10 million monthly users in 2024, as stablecoins grow in popularity, transforming decentralized finance and payments. TRON, a popular blockchain platform, has seen...

Stripe’s Stablecoin Offering Gained Traction in 70...

Stablecoin payments on Stripe witnessed global usage the day the platform introduced the feature. Global payments provider Stripe introduced its USDC payment feature on October...

Bitso, Mercado Bitcoin, and Foxbit Launch BRL1...

Three major players in Brazil’s cryptocurrency market—Bitso, Mercado Bitcoin, and Foxbit—have teamed up to launch BRL1, a stablecoin pegged to the Brazilian real. This...

South Korea to Regulate Cross Border Stablecoins

South Korea’s financial regulator, the FSC, will oversee stablecoin usage and introduce a won-pegged asset with the second stage of its crypto framework unfolding. The...