With $95 million in funding, Eco plans to deliver on crypto’s promises of mass adoption and reliable decentralized payments inclusive of existing mainstream platforms. Eco, the builders behind Ethereum layer-2 …
Glassnode data recorded a $4.1 billion monthly increase in the aggregate stablecoin supply, a 21-month high for fiat-pegged cryptocurrencies following bullish momentum. Since October last year, stablecoin supply has shot …
Circle Internet Financial’s Leap to the Public Markets Circle Internet Financial, the issuer of USDC stablecoin, has filed for an IPO, marking a significant milestone in merging crypto with traditional …
A consortium of Nigerian banks, fintechs and blockchain companies is developing the first regulated Naira stablecoin, cNGN. The new stablecoin cNGN will be a consortium-based compliant and regulated Naira stablecoin. …
OneDegree, a Hong Kong-based virtual insurance company, reported interest from over 100 project teams for stablecoin development. The enthusiasm spans a variety of applications, including payments, international trade finance, the …
Hong Kong authorities have proposed accepting and regulating fiat-pegged stablecoins (FRS). According to the document, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) …
Crypto exchange Binance is returning trading pairs with USDC just a year after removing it to concentrate stablecoin liquidity. Cryptocurrency exchange Binance announced in a press release on Dec. 27 …
Stability in the Crypto Market: A Closer Look at the Top 5 Stablecoins of December 2023 Tether (USDT), established in 2014, continues to be a key player in the stablecoin …
Leading tokenization platform Paxos has announced its expansion into the Solana blockchain, marking a significant move beyond its previous Ethereum exclusivity. The integration into Solana (SOL) is a strategic step …
The Basel Committee for Banking Supervision has proposed new criteria for stablecoins, aiming to differentiate them from more volatile cryptocurrencies like Bitcoin. A consultative document released on Thursday outlines 11 …