Tag: stablecoin

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Circle Mints $250M USDC, Totaling $3.5B on Solana This Week

Circle mints $3.5B USDC on Solana, driving DeFi growth, boosting liquidity, and strengthening stablecoin adoption with strategic partnerships. Circle, the company behind the stablecoin USDC,...

Binance Futures Expands BFUSD with USDC Support

Binance increases BFUSD holding limits by 50% and adds USDC support. New Pre-Buy and transparency features increase BFUSD flexibility. Major overhauls announced on Binance's...

Philippine Banks to Launch PHPX Stablecoin

Philippine banks are launching PHPX stablecoin on Hedera blockchain to improve cross-border payments and remittances. Several banks in the Philippines are planning to launch a...

Frax Finance Adopts BlackRock’s BUIDL for Stablecoin

BlackRock's BUIDL fund now supports Frax's frxUSD stablecoin. Enhances transparency and has potential yield-bearing benefits. The Frax Finance community has approved FIP-418 unanimously, a...

Cambodia Allows Stablecoin Transactions, Bitcoin Remains Prohibited

Cambodia allows stablecoin services with NBC approval, while Bitcoin remains prohibited. The move aims to integrate secure cryptocurrencies. The National Bank of Cambodia (NBC) has...

OKX Ventures Invests in USUAL to Revolutionize Stablecoin Ecosystem

OKX Ventures invests in USUAL, a decentralized stablecoin issuer, aiming to transform the stablecoin space through RWAs and DeFi integration. OKX Ventures, the investment arm...

Coinbase Report Reveals Stablecoins to Drive Future of Global Payments

Coinbase report highlights stablecoins' growth, predicting $3 trillion market cap, driving faster, cheaper global payments beyond trading. Coinbase recently released its crypto market outlook for...

Hong Kong Introduces Stablecoin Bill to Regulate Issuers

Hong Kong introduces the Stablecoin Bill to regulate fiat-backed stablecoin issuers, ensuring financial stability and transparency in virtual assets. Hong Kong Secretary for Financial Services...

Ripple CTO Warns of Price Fluctuations for RLUSD at Launch

Ripple CTO warns of RLUSD price fluctuations at launch, assuring investors that price will stabilize at $1 after adjustments. Ripple Chief Technology Officer, David Schwartz,...

Bitwise Predicts Crypto IPO Boom and Bitcoin Skyrocketing to $200K

Bitcoin is expected to reach $200,000, ether $7,000, and solana $750 by 2025. Crypto IPOs and stablecoin growth will transform the financial environment. Bitwise...

SGB Plans $50 Million Fundraising, Targets Stablecoin Payments Firm

SGB plans to raise $50 million, targeting stablecoin payments firm acquisition to strengthen its position in the digital asset market. Singapore Gulf Bank (SGB) is...

Kima Network Announces Partnership with Blocksquare for Tokenized Real Estate

 Kima Network announces a partnership with Blocksquare to enhance tokenized real estate, enabling fiat payments, stablecoin support, and atomic swaps. Kima Network has partnered with...