Binance Launches BFUSD High-APY Stablecoin Amid UST Comparisons
Binance introduced BFUSD, a reward-bearing token offering 19.55% APY, backed by overcollateralization and daily rewards without staking. The…
Binance Launches BFUSD Stablecoin with 19.55% Yield
The new stablecoin BFUSD, which Binance has released, provides a dividend of 19.55% each year Crypto consumers looking for a way to earn money…
Firms Unveil Global Dollar Stablecoin Network
Major banking firms launched the Global Dollar Network, a regulated platform designed to accelerate stablecoin adoption worldwide. Crypto and…
Tether Records Q3 Profits, Releases Attestation Report
Tether’s Q3 attestation report reveals a group net profit of $2.5 billion, contributing to a consolidated profit of $7.7 billion for…
TRON Protocol Revenue Hits Record High in Q3
TRON’s Q3 revenue jumped 29% thanks to user growth and higher transaction volume, showcasing its efforts to expand the market and…
Hermetica Raises $1.7M for Bitcoin-Backed Stablecoin
The startup that created the stablecoin USDh, backed by Bitcoin, Hermetica, has acquired $1.7 million in early money The money will aid in…
Ripple Launches RLUSD Stablecoin to Shake USDT, USDC
Ripple launched RLUSD stablecoin, which is backed by the USD, as it aims to challenge the 90% market dominated by USDT and USDC. Ripple, a…
Ripple Unveils Global Partners for RLUSD Stablecoin
RLUSD, Ripple’s stablecoin targeted at businesses, was introduced during the Ripple Swell 2024 conference. Tuesday at the Ripple Swell…
DWF Labs Introduces Falcon Finance Stablecoin
Falcon Finance, introduced by DWF Labs, is a synthetic stablecoin that yields and is available in USDf and USDwf versions. The brand name of…
Ripple Boosts Crypto Liquidity with Stablecoin Launch
The broader crypto market is presently experiencing a significant increase in liquidity, primarily driven by stablecoins, as Ripple conducts a…
South Korea Targets Cross-Border Stablecoin Transactions
The Financial Services Commission of South Korea intends to confer with the EU and Japan over stablecoin regulations. The government of South…
OKX Adds PayPal’s PYUSD Stablecoin to Spot Market
The popular exchange OKX now offers PayPal’s PYUSD stablecoin for Spot Market trading, in addition to Circle’s USDC and USDT. One…
Robinhood, Revolut Eye Stablecoin Market
Bloomberg reported that Robinhood Markets and Revolut, two prominent fintech firms, purportedly attempt to enter the $173 billion stablecoin…
SEC Charges TrustToken, TrueCoin in Stablecoin Fraud
The U.S. Securities and Exchange Commission has charged two crypto companies associated with the TUSD stablecoin with securities violations…
SEC Charges TrueUSD Backers $700K
TrueCoin and TrustToken, responsible for the TrueUSD stablecoin, have settled with the U.S. Securities and Exchange Commission (SEC) for…
SocGen Partners With Bitpanda
The crypto subsidiary of the French banking colossus Societe Generale-FORGE, SG-FORGE, has partnered with Bitpanda to expand the availability…
BitGo Launches USDS ‘Reward’ Stablecoin in January
BitGo, a crypto infrastructure provider, is preparing to enter the stablecoin market by introducing a dollar-backed reward coin called…
Tether Dominates Stablecoin Market, Surging 20% in Two Years
After seeing tremendous uptake over the previous two years, Tether’s stablecoin currently holds two-thirds of the market, priced in US…
Circle Launches USDC Stablecoin on Sony Blockchain
Bridged USDC, issued by stablecoin issuer Circle and Sony Block Solution Labs, is a significant blockchain token for value exchange Circle and…
Ripple Plans Japan Stablecoin: CEO
Brad Garlinghouse, the CEO of Ripple, believes that stablecoins have the potential to be global successes, with a particular emphasis on…