Blockchain infrastructure protocols Celo, Chainlink, Hyperlane and Velodrome have launched a crosschain version of Tether’s USDt on the OP Superchain, in a move designed to improve the interoperability and liquidity of the world’s most widely used s

According to data provided by CryptoQuant, the total supply of the Ripple USD (RLUSD) token has now surpassed $120 million. This has been described as a "huge milestone" considering that it is a highly regulated stablecoin. As reported by U.Today, RL

Standard Chartered Bank Hong Kong, Animoca Brands and Hong Kong Telecommunications (HKT) have partnered to issue a Hong Kong dollar-backed stablecoin under a new joint venture. The group plans to apply for a license from the Hong Kong Monetary Author

Stablecoin issuer Tether is reportedly in talks with Congressional lawmakers in the United States to help craft stablecoin regulatory policies at the federal level.According to Fox Business reporter Eleanor Terrett, Tether has been working with repre

Wallet, a custodial wallet application integrated with Telegram, announced on Feb. 14 a move to enable zero-fee USDt (USDT) deposits from eligible users in more than 60 countries. However, while some users can now deposit USDT with zero fees, withdra

Tether, the cryptocurrency firm behind the $140 billion USDT stablecoin, said on Friday it has invested in Italian football club Juventus FC (JUVE).The firm's investment arm, Tether Investments, acquired a minority stake in the sports club, according

Tether, the operator of the USDt (USDT) stablecoin, has slammed JPMorgan analysts who suggested it may need to sell Bitcoin to comply with proposed stablecoin regulations in the US.On Feb. 12, an analyst team led by JPMorgan strategist Nikolaos Pani

Framework Ventures led a $20 million Series A round for the stablecoin firm Plasma, bringing the company's total funding raised to $24 million. Plasma is building a blockchain specifically built for Tether's USD-pegged stablecoin USDT to enable more

The stablecoin market capitalization reached a record high following a period of consistent growth since mid-2023, according to data from Alphractal. The data analysis platform reported on Jan. 31 that the stablecoin market cap rose 73% from $121.18

An unprecedented stablecoin supply of 73% has occurred on the Solana blockchain since the middle of January. A new initiative that has captured the attention of the crypto community, the $TRUMP memecoin, was launched at the same time as this spike.So

Since Sept. 17, 2024, the supply of USDS, the native stablecoin of the Sky Protocol (formerly known as Maker), has grown from 98.5 million to 2.32 billion at the time of writing, representing a 135% increase in five months.In contrast, the supply of

A popular cryptocurrency exchange platform foresees an outsized market rally for altcoins in the upcoming weeks after Donald Trump assumes the US presidency on January 20. A Coinbase analysis urged crypto traders to start positioning themselves in th

First Digital USD (FDUSD), a multi-blockchain audited stablecoin pegged to the U.S. dollar, enhances its availability on Binance (BNB), the largest crypto exchange by trading volume and user count. Traders are invited to deposit and withdraw FDUSD pa

Stablecoin issuer Tether has filed a lawsuit against Bitcoin financial services company Swan Bitcoin, accusing the firm of “significant breaches” in their agreements. In a statement to Cointelegraph on Jan. 15, Tether, along with co-claimant 2040 Ene

Cardano founder Charles Hoskinson confirmed today that the blockchain is considering integrating RLUSD, Ripple’s new stablecoin.Since its launch in December, RLUSD has gained considerable publicity for its efforts to become a leading stablecoin. Inte

Stablecoin issuer Tether announced that it would move the company and its subsidiaries to El Salvador after it had secured an operating license in the Latin American nation.In a Jan. 13 notice, Tether said it had acquired a license to operate in El S

Vice Chair of the Federal Reserve for Supervision Michael Barr, who has been adamant about a need for stablecoin regulation, will step down from that role in late February.The U.S. Federal Reserve Board said on Monday that Barr would be stepping down

Reece Merrick, Ripple’s Managing Director for the Middle East and Africa (MEA), took to the social media platform X earlier today to reflect on a transformative year for cryptocurrency while outlining Ripple’s vision for the future of digital assets

Decentralized finance (DeFi) protocol Ethena’s stablecoin, USDe, has surpassed Sky’s Dai in total market capitalization, becoming the third-largest stablecoin after Tether’s USDt and USD Coin , according to data from DefiLlama.At less than $6 billi

The U.K. government plans to unveil draft regulations for the crypto and stablecoin markets in early 2025, Bloomberg has reported. According to the publication, Prime Minister Keir Starmer’s administration aims to establish a regulatory framework for