Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
North Dakota is launching Roughrider Coin, a state-backed stablecoin for interbank transactions, in collaboration with @BankofND and @Fiserv. It follows Wyoming’s Frontier Stable Token. #Update #Crypto $USDC
@CitiVentures has invested in stablecoin payments platform BVNK, joining @Visa’s backing. BVNK processes over $20B annually, reflecting growing interest in stablecoins for crypto transactions. #Update #Crypto $USDC
@MiniPay launches stablecoin-backed USD and EUR accounts for freelancers, converting payments into $USDT and $USDC. Over 10 million wallets activated since 2023. #Update #Crypto $USDT
Citi Ventures invests in @BVNK, pushing its valuation over $750M. The investment follows Visa’s backing and aligns with Citi’s digital asset integration plans. #Update #Finance
The Bank of England will exempt crypto exchanges from stablecoin holding limits, potentially boosting liquidity for $BTC and $ETH trading as firms retain necessary inventories under UK regulation. #Update #Crypto $BTC $ETH
@JupiterExchange plans to launch its stablecoin, JupUSD, in partnership with @ethena_labs by mid-Q4 2025, backed 100% by USDtb and integrated into its trading platform. #Update #Crypto $USDT
Ethena Labs partners with Jupiter Exchange to launch JupUSD, a stablecoin for Solana’s ecosystem, boosting liquidity and DeFi integrations. #Update #Crypto $SOL
@Ethena_Labs has partnered with @JupiterExchange to develop JupUSD, a stablecoin replacing $750M in existing stablecoins in the Jupiter ecosystem, enhancing Solana’s DeFi offerings. #Update #Crypto $SOL
@EthenaLabs and @Jupiter are set to launch JupUSD, a US dollar-backed stablecoin on Solana, in Q4 2025, converting $750 million in USDC to enhance DeFi services. #Update #Crypto $USDC
The Bank of North Dakota is launching “Roughrider Coin,” a U.S. dollar-backed stablecoin in partnership with @Fiserv, aimed at enhancing bank transactions and merchant adoption, set for release next year. #Update #Crypto $USDT
Fasset receives a provisional banking license in Malaysia to launch the first stablecoin-based Islamic digital bank, offering Shariah-compliant services and expanding its platform into full-service banking. #Update #Crypto $USDT
Solana’s $15B stablecoin supply and ETF demand are driving its next growth phase. #Update #Crypto $SOL
Russian-controlled cryptocurrency operations have executed transactions exceeding $6.1 billion using the stablecoin $A7A5 since U.S. sanctions in August, involving significant token destruction to evade restrictions. #Update #Crypto $A7A5
USDT dominance fell as altcoin market cap surged to $1.18 trillion, signaling potential for an altseason. #Update #Crypto $USDT
