TRON Boosts Stablecoin Settlements by 50%
@TronFoundation reports a 40% rise in stablecoin supply to $81B, with USDT making up 99% on the network. Q2 saw 780M transactions, marking a 37% YoY increase. #Update #Crypto $TRX
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Bitcoin Suisse Flags Stablecoin Rule Gaps
Peter Märkl of Bitcoin Suisse highlights regulatory gaps in EU and Swiss stablecoin frameworks, impacting foreign issuers under MiCA. Bitcoin Suisse eyes expansion in Middle East, UK, and US. #Update #Crypto
Stablecoin Launch: Cake Wallet Offers 10% Yield
Cake Wallet now offers the overcollateralized decentralized stablecoin dEURO, allowing users to earn 10% yield without losing custody of their funds. #Update #Crypto
Stablecoin Attestation Reports Matter for Investors
Stablecoin attestation reports are crucial for verifying stablecoin backing, highlighting the importance of understanding these documents. #Update #Crypto
Stablecoin Yield Surges Veda Raises $18M
Veda raises $18M led by CoinFund to boost crosschain yield products, with total value locked surpassing $3.3B. #Update #DeFi
Binance Launches Russian Ruble Stablecoin
Russian ruble stablecoin A7A5, with a $151M market cap, reportedly involved in $9.3B transactions with Grinex, successor to sanctioned Garantex exchange. #Update #Crypto
Stablecoin Bill Survives Institutional Assault
The U.S. Senate passed the GENIUS stablecoin bill, despite Senator Warren’s attempts to impose heavy regulations on stablecoin issuers, highlighting ongoing regulatory challenges in crypto. #Update #Regulation
Tether Blocks $12.3M Suspicious Tron Funds
Tether freezes $12.3M in USDT on Tron for potential sanctions or AML risks, continuing its crackdown on illicit crypto activities. #Update #Crypto $USDT
Stablecoin Licenses: Ant International Targets Asia
Ant International, a unit of @AntGroup, plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, reflecting fintech’s growing crypto adoption. #Update #Crypto
Tether CEO Rejects $515B IPO Valuation
Tether CEO Paolo Ardoino dismisses IPO plans despite speculation of a $515B valuation, emphasizing growth and Bitcoin treasury expansion. USDT remains third-largest cryptocurrency. #Update #Crypto
Tether CEO Rejects IPO at $515B Valuation
Tether CEO Paolo Ardoino dismisses IPO plans despite speculation of a $515 billion valuation, emphasizing growth and Bitcoin treasury. Tether’s USDT remains the third-largest cryptocurrency. #Update #Crypto
USDT Staking Revolution: Loopring AI Platform
@Loopring’s AI-powered platform offers USDT staking with 5-12% APY, providing a low-risk passive income opportunity for crypto enthusiasts. #Update #Crypto $USDT (+3) ↗
Stablecoin Integration Talks: Apple, X, Google
@Apple, @X, @Google are in early talks with crypto firms on stablecoin integration to enhance payment systems. Google Cloud already accepts $PYUSD. #Update #Crypto (+5) ↗
Stablecoin Revolution: Solana Integrates Chainlink
@MapleFinance launched syrupUSDC on Solana via @Chainlink CCIP, boosting SYRUP token 8% with $30M liquidity and $500K incentives. #Update #Crypto $SYRUP (+5) ↗@MapleFinance launched syrupUSDC on Solana via @Chainlink CCIP, boosting SYRUP token 8% with $30M liquidity and $500K incentives. #Update #Crypto $SYRUP (+5) ↗