Tag: Stablecoins

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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 behind...

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 in...

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 USDe...

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 new...

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, a...

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 Labuan...

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...

Sui Treasury Company Ignites Stablecoin Race: Two Launches Confirmed

Nasdaq-traded digital asset treasury Sui Group to introduce two stablecoins, suiUSDe and USDi, with an eye toward disrupting the largest stablecoin markets.The sole publicly...

Visa Is Directly Testing Stablecoins As Cash Alternative

Visa Direct is piloting USDC and EURC stablecoins to cut pre-funding needs and boost liquidity in cross-border payments. Visa has launched a pilot that uses...

Ripple has partnered with Ondo Finance to tokenize U.S. Treasuries on the XRP Ledger (XRPL)

Ripple partners with Ondo Finance to tokenize U.S. Treasuries on XRPL, offering institutional access to blockchain-based government debt.Ripple has announced a new partnership with...

Plasma Mainnet Launch Sends XPL Token Soaring 52%

XPL token surges 52% following Plasma mainnet launch, with strong support from Binance, Tether, and Chainlink integrations. The launch of the Plasma mainnet has driven...