Brazil XRP ETF Launch Tether Acquisition
Brazil approves the first XRP ETF, while @Tether_to offers to acquire a majority stake in Adecoagro; President Milei denies wrongdoing in Libra’s endorsement. #Update #Crypto $XRP (+3) ↗
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Stablecoin Legislation Sparks New Crypto Rivals
Senate Banking Committee Chairman Tim Scott vows to pass the GENIUS Act, potentially unleashing competition from firms like @Uber and @Meta in the $233 billion stablecoin market. #Update #Legal (+7) ↗
SEC Approves Figure Markets YLDS Stablecoin
@FigureMarkets’ YLDS stablecoin, offering a 3.85% yield, receives SEC approval, marking a regulatory milestone in the U.S. stablecoin market. #Breaking #Crypto (+8) ↗
Euro Stablecoin Launches on Stellar
@SGForge selects Stellar blockchain for its MiCA-compliant euro stablecoin $EURCV launch, marking a significant step in Europe’s regulated digital asset landscape. #Update #Crypto $EURCV (+4) ↗
Solana Integrates SEC-Approved Yield Stablecoin
@Solana integrates $YLDS, an SEC-approved stablecoin, offering 3.85% APR with no lockups, secured on-chain for 24/7 use. #Update #Crypto $YLDS (+4) ↗
Stablecoin Regulations Boost User Protection
Japan’s Financial Services Agency has approved new stablecoin regulations to enhance collateral flexibility and user protection during bankruptcy proceedings. #Update #Legal (+3) →
Stablecoin Launch: SEC-Registered Yield Offering
@FigureMarkets launched YLDS, a yield-bearing stablecoin registered with the SEC, offering daily interest on Provenance Blockchain. #Update #Crypto (+5) ↗
Stablecoin Surge on Crypto Exchanges
CryptoQuant reports a $450M stablecoin influx to exchanges; @Binance receives 920M USDT, with $1.25B new stablecoins issued by Tether and Circle. #Update #Crypto $USDT (+6) ↗
Stablecoin Milestone SEC Approves YLDS
@FigureMarkets’ $YLDS becomes the first SEC-approved yield-bearing stablecoin with a 3.85% APR, offering 24/7 trading and payouts in USD or YLDS. #Breaking #Crypto $YLDS (+8) ↗
Stablecoins: MiCA Approves 10, Excludes Tether
The European Union approved ten stablecoin issuers under MiCA, excluding @Tether_to’s $USDT, leading to delistings in the EU. #Update #Legal $USDT (-6) ↘
USDT Transfer: Tether Moves $800M to Binance
@Tether_to transfers $800M USDT to @Binance, signaling institutional onramping per Arkham. #Breaking #Crypto $USDT (+9) ↗
Stablecoin Launch: Ex-Tether CEO Backs Rival
@PiProtocol, led by former @Tether_to CEO Reeve Collins, is launching a USDT rival, USP, on $SOL and $ETH blockchains, aiming for decentralization with yield-bearing assets. #Update #Crypto $SOL (+3) ↗
Tether Acquires Stake in Energy Firm
@Tether_to plans to acquire a stake in South African energy firm Adecoagro S.A., aligning with its global expansion strategy following the Juventus collaboration. #Update #Crypto (+4) ↗
Bybit Tether Move Boosts Liquidity 100x
@Bybit shifts to $USDT for options and futures, boosting liquidity; @BestWalletHQ presale could see 100x growth with $BEST token (Feb 2024) #Update #Crypto $BEST (+6) ↗ (Source: NewsBTC)