Tag: Stablecoins
Crypto News: Galaxy Reports 1500% Profit Surge With Helios in Lead
Galaxy Digital reports $505M profit surge, up 1,546%, as Helios AI campus expansion and trading gains drive record quarter. Galaxy Digital reported a record-breaking…
Crypto News Today: Ethena Prepares to Launch Two New Products and Expand Its Team
Ethena Labs to hire 10 new team members and launch two new products within three months, co-founder Guy Young confirms. Ethena Labs, the company…
Crypto Banking Race Heats Up: Erebor Approved, Sony Files for Federal Charter
Erebor receives a federal bank charter, and Sony files for one, intensifying competition in the U.S. crypto banking sector amid stablecoin growth. The race…
Crypto News: Ethena’s USDe Is Not A Stablecoin, OKX Founder Says
OKX founder Star Xu warns Ethena’s USDe isn’t a stablecoin after Binance depeg, urging exchanges to treat it as a tokenised hedge fund. Ethena…
Ripple News: Ripple Partners with Bahrain’s Fintech Bay to Boost RLUSD Use
Ripple partners with Bahrain Fintech Bay to promote RLUSD adoption, blockchain innovation, and digital finance growth in the Gulf region. Ripple has announced a…
Crypto News: ICE to Invest $2B in Polymarket as Prediction Markets Gain Momentum
ICE invests $2B in Polymarket, enhancing crypto prediction markets with tokenization and data distribution for global growth. Intercontinental Exchange (ICE), the owner of the New…
Crypto News: Rezolve AI Acquires Smartpay After Handling $1B in USDt Payments
Rezolve AI acquires Smartpay, processing $1B in USDt payments, to expand AI-driven digital payments across Latin America and Africa. Rezolve AI has acquired Smartpay,…
Crypto News: Fasset Wins Malaysia License to Launch Stablecoin-Powered Islamic Digital Bank
Fasset secures a Malaysian license to launch the first stablecoin-based Islamic digital bank, introducing Shariah-compliant finance. Fasset has gained a provisional license from Malaysia’s…
Market News: Standard Chartered Foresees 1T will escape emerging market banks to stablecoins by 2028.
Standard Chartered predicts that by 2028, it will have exited $1 trillion of emerging market banks to stablecoins due to inflation and demand of US…
