Stablecoin

"I remain optimistic that we will be able to launch by the end of the year," stated Ripple CTO David Schwartz during his presentation at The Block's Emergence crypto conference.The company's CTO, David Schwartz, remains optimistic…
Read More...

BitGo has appointed Ben Reynolds, the former president of Silvergate Bank, to oversee its USD Standard stablecoin initiative. The company's objective is to increase global adoption and capitalize on Reynolds' extensive fintech experience…
Read More...

Coinbase's Ethereum Layer 2 network, Base, has been the driving force behind the rise of Circle's euro-backed stablecoin, EURC, which has achieved an all-time high supply of over 90 million.EURC has a market valuation of around $99.2…
Read More...

Stripe, a leading fintech company, has acquired Bridge, a stablecoin company, for $1.1 billion, its most significant acquisition to date. The action indicates that the payment provider is becoming increasingly involved in the…
Read More...

The lucrative potential of the $170 billion stablecoin market is motivating Robinhood and Revolut to contemplate the launch of stablecoins in order to broaden their crypto offerings.Revolut Ltd. and Robinhood Markets Inc. are…
Read More...

BitGo's USDS stablecoin will compete with major issuers such as Circle and Tether by distributing up to 98% of earnings to network supporters.BitGo, a cryptocurrency custodian that is supported by the banking behemoth Goldman Sachs, is…
Read More...

Through its digital banking service, Mercado Pago, Mercado Libre, the top e-commerce company in Latin America, has launched a new stablecoin anchored to the US dollar.Meli Dollar is a stablecoin that is intended to offer Brazilian…
Read More...

The USDC trading volume has increased to $23 billion in 2024, which is more than double the $9 billion from the previous year.The USDC stablecoin's trading volume has increased to $23 billion annually. This expansion coincides with an…
Read More...

The Legislative Council (LegCo) of Hong Kong is soliciting policy proposals for web3 and virtual assets in order to stimulate industry expansion.Johnny Ng, a LegCo member, recently posted on social media that the Council has created a…
Read More...

Well-known payment processor PayPal just announced the stablecoin PYUSD is now available on its Venmo platform.PayPal said that initially, just a subset of Venmo customers would have access to this stablecoin, but that everyone would…
Read More...