Tag: stablecoin
CryptoQuant CEO Warns of the Rise of “Dark Stablecoins”
Ki Young Ju warns of rising demand for “Dark Stablecoins” CryptoQuant CEO predicts growth of algorithmic and unregulated stablecoins USDT could be classified as ‘Dark…
Trump-Backed WLFI Secures Strong Backing for USD1 Airdrop Test
WLFI’s USD1 airdrop vote secures 99.97% approval from $WLFI holders. USD1 stablecoin backed by U.S. Treasuries gains market traction. WLFI raised $550M from $WLFI token…
PayPal Crypto PYUSD Surges with SEC’s Nod and Coinbase Deal
SEC’s decision lifts uncertainty around PYUSD. PYUSD eyes competition with USDT and USDC Stablecoins are gaining traction for payments and value storage. The SEC finalized…
Abu Dhabi Set to Launch Dirham-Backed Stablecoin Soon
Stablecoin to operate on UAE-developed ADI blockchain. ADI blockchain ensures secure, compliant digital transactions. A new stablecoin pertaining to the UAE dirham stands ready to…
Stripe Set to Launch Long-Awaited Stablecoin Product
Stripe to launch stablecoin product after acquiring Bridge for $1.1B. New stablecoin service targets users outside U.S., EU, and U.K. Stripe, a global payments giant,…
Coinbase Expands Partnership with PayPal to Promote PYUSD Stablecoin
Coinbase enables free USD to PYUSD conversions to boost stablecoin adoption Stablecoin transactions surge 250% on Coinbase amid growing everyday use Coinbase has announced a…
Stablecoins Bring a WhatsApp Moment to Global Money Transfers
Stablecoins facilitate near-instantaneous transactions with minimal fees. Stablecoins democratize financial services and promote greater economic inclusion globally. During his analysis, Chris Dixon from Andreessen Horowitz…
Covered Stablecoins Gain SEC Approval, Boost Crypto Clarity
The SEC’s Covered Stablecoins category excludes them from securities laws, aiding dollar-backed coins. Only stablecoins with full asset backing and fixed value qualify for the…
US Senate Committee Pushes STABLE Act to Regulate Stablecoins
The House Financial Services Committee approved the STABLE Act with 32 votes to regulate stablecoins. Lawmakers debated Trump’s crypto participation and stablecoin interest earnings before…
