Stablecoin Inflows Stall as Bitcoin Dips, Signaling Investor Caution
As per CryptoQuant, the decline in stablecoin inflows suggests that there is still doubt across the market.
Umair Younas
PayPal’s PYUSD Stablecoin Surpasses $1B Market Cap
PayPal’s stablecoin, PayPal USD (PYUSD), has reached a significant milestone. It has surpassed $1 billion in total market capitalization, according to CoinMarketCap data. Let’s explore more about PYUSD. PYUSD Hits $1B Market Cap, Competing with Top Stablecoins Launched in 2023, PYUSD is a US dollar-…
Victor
Tether Law Enforcement Support Boosted With Over $100M Recovered
Key Points: Stablecoin issuer Tether law enforcement support is being increased with a recovery of over $108.8 million in USDT tied to illicit activities since 2014. Read more: Tether Venture Investment Is Being Actively Fueled By Huge Profits Tether Law Enforcement Support Helped Recover $108.8 Mil…
Latin E-Commerce Giant Launches New US Dollar-Pegged Stablecoin
Mercado Libre, the leading e-commerce giant in Latin America, has introduced a new US dollar-pegged stablecoin through its digital banking service, Mercado Pago.
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion
Jamie Redman
Tron network leads in stablecoin market share amid growing monthly transfer volume
Tron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $384 billion in July.
Cointelegraph by Nancy Lubale
Bankrupt Swiss bank plunges $63m euro stablecoin into uncertainty over withdrawals
Swiss euro stablecoin provider Anchored Coins warned customers of losses on their holdings due to FlowBank’s bankruptcy.
Osato Avan-Nomayo
Impact of stringent MiCA stablecoin regulations
The Markets in Crypto-Assets Regulation (MiCA), partly effective as of June 30, 2024, is a comprehensive regulatory framework established by the European Union. MiCA aims to foster innovation, ensure
exbasi.com
Ripple unveils webpage for upcoming RLUSD stablecoin amid growing market competition
Blockchain payments firm Ripple has unveiled a webpage for its much-anticipated stablecoin, Ripple USD (RLUSD). This webpage has led to excitement within the XRP community about the stablecoin’s immin
exbasi.com
Just In: Ripple Launches Website for RLUSD Stablecoin
In what is coming as a shock to community members, blockchain payments firm Ripple Labs Inc. has launched the webpage for its stablecoin RLUSD. While this might seem a long-due move from the company,
Godfrey Benjamin
Solana-based PayPal stablecoin supply closes gap on Ethereum PYUSD
After launching in May, supply of PYUSD on Solana has nearly caught up with the supply of PYUSD on Ethereum.
RT Watson
Swiss financial watchdog FINMA rolls out guidance for stablecoin issuers
Swiss regulator FINMA has published guidance on stablecoin issuers, urging them to verify the identity of all persons holding digital tokens pegged to fiat currencies. The Swiss Financial Market Super
Denis Omelchenko