Stablecoin Launch: Braza Group on XRP
@BrazaGroup launches USDB, a dollar-pegged stablecoin on the XRP Ledger, available to institutional clients now and retail customers via app in May. #Update #Crypto $XRP (+3) ↗
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Stablecoin Project by Major US Banks
@JPMorgan, @BankofAmerica, @Citi, and @WellsFargo explore a stablecoin project to rival digital asset platforms amid regulatory developments like the GENIUS Act. #Update #Crypto (+3) ↗
XRP Ledger Welcomes USDB Stablecoin Launch
@BrazaGroup launched a USD-backed stablecoin, USDB, on the XRP Ledger to enhance digital asset solutions in Latin America. The stablecoin is fully backed by U.S. and Brazilian bonds. #Update #Crypto $XRP (+4) ↗
Binance Supports Trump-Linked Stablecoin Launch
@Binance adds support for $USD1, a stablecoin linked to @realDonaldTrump’s World Liberty Financial project, enhancing cross-chain capabilities with Chainlink’s protocol. #Update #Crypto $USD1 (+4) ↗
Binance Lists Trump-Backed WLF Stablecoin
Binance will list World Liberty Financial USD ($USD1), backed by the Trump family, for trading on May 22, 2025. Withdrawals start May 23. #Update #Crypto $USD1 (+3) ↗
Stablecoin Bill Advances in Senate
The US Senate advances the GENIUS Act, a stablecoin regulatory bill, to the amendment process with a 69-31 vote, potentially shaping US crypto regulation. #Breaking #Legal $BTC (+9) ↗
Stablecoin Bill: Catalyst for Crypto Surge
The U.S. Senate’s 66–32 vote advancing the Guaranteed Essential Neutral and Interoperable Uniform Stablecoins (GENIUS) Act marks a key step for institutional crypto adoption, says @BitwiseInvest’s Matt Hougan. #Update #Legal (+6) ↗
Solana DeFi Surge Unveils Stablecoin Potential
Solana’s DeFi TVL hits $9.17B, with stablecoin reserves at $11.4B, signaling strong liquidity for potential growth. #Update #Crypto $SOL (+6) ↗Solana’s DeFi TVL hits $9.17B, with stablecoin reserves at $11.4B, signaling strong liquidity for potential growth. #Update #Crypto $SOL (+6) ↗
Stablecoin Initiative: South Korea Pegs Won
Lee Jae-myung proposes a stablecoin pegged to the won, aiming to stabilize South Korea’s financial system and allow pension fund investments in digital assets. #Update #Crypto (+4) ↗
Stablecoin Revolution: French Bank Launches First
@SGForge, a subsidiary of Société Générale, will launch the first bank-issued dollar stablecoin on Ethereum, targeting institutional investors in a $250B market. #Breaking #Crypto (+8) ↗
Stablecoin Revolution: $40B Bank Launches on Ethereum
Société Générale’s SG Forge is launching a USD-backed stablecoin on Ethereum, with plans for Solana, targeting institutional use amid EU regulatory clarity. #Update #Crypto $ETH (+6) ↗
Stablecoin Bill Boosts Aave Surge
@AaveAave’s $AAVE surged 20% as the U.S. Congress advanced the GENIUS Act, potentially offering stablecoin regulatory clarity and boosting institutional interest. #Breaking #Legal $AAVE (+9) ↗
Stablecoin Milestone Tether on TRON Soars
@trondao announces $USDT supply on TRON surpasses $75 billion, reclaiming its position as the leading network for Tether stablecoin activities. #Update #Crypto $USDT (+4) ↗
Stablecoin Bill Advances GENIUS Act Momentum
The Senate’s GENIUS Act stablecoin bill passed a key procedural vote, advancing towards full passage amid renewed Democratic support and industry lobbying. #Update #Legal (+6) ↗