Zand Bank Launches Dirham Stablecoin
@ZandBank receives CBUAE approval to launch Zand AED, a dirham-backed multi-chain stablecoin. #Update #Crypto
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
@ZandBank receives CBUAE approval to launch Zand AED, a dirham-backed multi-chain stablecoin. #Update #Crypto
@Paxos has launched USDG0, a new omnichain token providing fully backed dollar liquidity across Hyperliquid, Plume, and Aptos while maintaining a single regulated supply. #Update #Crypto $USDC
@Revolut partners with @Polygon Labs to enable UK and EEA customers to send/receive $USDC and $USDT via the Revolut app, processing over $690M in transactions since December 2024. #Update #Crypto $MATIC
@Tether_to invests in @hodlwithLedn for bitcoin-backed loans, expanding crypto lending options. #Update #Crypto $BTC
Tether invests in Ledn, a Bitcoin-backed loan provider, to enhance digital asset financial services. Ledn has originated over $2.8 billion in loans with $100 million annual revenue. #Update #Crypto $BTC
Stablecoin issuance by @Tether_to and @circle has surged over $14B since October 10, indicating potential market rebound despite current bearish sentiment. #Update #Crypto $USDC
@Tether is reportedly leading a $1.16 billion funding round for Neura Robotics, potentially boosting its valuation to €8-10 billion. This marks Tether’s entry into AI robotics. #Update #Crypto $USDT
JPMorgan analysts upgrade Circle to “Overweight,” raising the price target to $100, citing improved fundamentals and potential partnerships despite USDC market share challenges. #Update #Crypto $USDC
@Tether is in talks to lead a €1 billion funding round for Neura Robotics, valuing it at up to €10 billion, amid rising interest in AI-powered humanoid robots. #Update #Crypto $USDT
@CashApp introduces stablecoin payments using Solana network, launching in 2026. New Bitcoin features include Lightning Network integration and map for Bitcoin-accepting businesses. #Update #Crypto $SOL
Relay integrates TRON into its multichain platform, enabling seamless USDT swaps via API and app, enhancing crosschain liquidity. #Update #Crypto $TRX
@Alibaba is developing a deposit token for cross-border e-commerce amid China’s crackdown on stablecoins, following similar moves by @JPMorgan. Regulatory pressures continue to hinder stablecoin initiatives in mainland China. #Update #Crypto $USDT
Aave Labs received MiCA authorization from the Central Bank of Ireland, enabling its Push service to offer zero-fee fiat-to-crypto conversions for stablecoins like $GHO across the EEA. #Update #Crypto $GHO
Tether’s dominance in the crypto market has surged to its highest since April, reflecting risk aversion as Bitcoin drops 11% this month to $97,630. #Update #Crypto $USDT