Category: Stablecoins
AUSD Stablecoin Launches on Sui Network, Enhancing DeFi Ecosystem
Following an announcement in May, the stablecoin AUSD is now live on the Sui Network. This addition marks a significant step for Sui, expanding its…
Frax Finance Launches Frax Name Service (FNS) for Its Ecosystem
Frax Finance has recently launched a new service called the Frax Name Service (FNS), designed specifically for its ecosystem. FNS is a decentralized identity service…
SEC Warns FTX Against Paying Creditors Back in Stablecoins, Other Crypto
The FTX bankruptcy has led to various recovery proposals, including restarting the exchange or issuing new tokens to represent creditor claims. This summer decentralized platforms…
Bridge Stablecoin Network Founded by Ex-Coinbase, Square Execs Raises $58 Million
Stablecoin network Bridge is taking on traditional payment networks, bagging massive investments and equally massive clients. Bridge, a stablecoin network created by former Coinbase and…
Binance Pay Partners with Banking Circle to Integrate EURI Stablecoin
Binance Pay now accepts EURI, Banking Circle’s MiCAR-compliant e-money token. The partnership’s mission is to make digital currencies more accessible and widespread. Binance Pay announced…
Tether and Rezo Money Collaborate to Boost Blockchain Education in Guinea
Tether Operations Limited, a leading digital asset company, has partnered with Rezo Money, a digital payment platform, to enhance blockchain education in Guinea. This partnership…
Binance to List Eurite (EURI) with Zero-Fee Trading Promotion Starting August 28
Binance, a leading cryptocurrency exchange, is set to list Eurite (EURI) and open trading for new spot trading pairs on August 28, 2024, at 10:00…
Stablecoin Market Sets New Record at $168 Billion
The stablecoin market has reached a new milestone, with its total market capitalization hitting an all-time high of $168 billion. This achievement follows 11 consecutive…
Tether Forgoes Its Blockchain Launch Due to a Crowded Market
Tether has given up on building and deploying its own blockchain network. USDT finds significant usage on existing chains, leaving the company satisfied with how…
