Ethereum Layer-2 Networks Drive Stablecoin Market to Record Highs
TL;DR Ethereum Layer-2 networks reach a new record with over $13.5 billion in stablecoins locked. Arbitrum One and Base lead among Layer-2 platforms, with over...
Tag : Stablecoin
Dtcpay to Shift to Stablecoin-Only Payments Model Starting January 2025
TL;DR Dtcpay will stop accepting Bitcoin and Ethereum starting in January 2025, focusing exclusively on payments with stablecoins like USDT, USDC, FDUSD, and WUSD. The...
Why Stellar (XLM) is the Most Underrated Cryptocurrency, According to Jed McCaleb
by jose
TL;DR Jed McCaleb, co-founder of Ripple and architect behind Stellar, believes Stellar’s real-world applications and high transaction volume set it apart from other blockchain projects....
Spark Unveils Liquidity Layer to Enhance USDS Multi-Chain Functionality
TL;DR Spark launched Liquidity Layer to enable conversions between USDC, USDS, and sUSDS across multiple blockchains, improving liquidity and yields. It will initially operate on...
Circle Eyes Hong Kong for Strategic Expansion Ahead of IPO
by jose
TL;DR Circle plans to expand its operations into Hong Kong, aiming to capitalize on the region’s favorable regulatory environment and financial infrastructure ahead of its...
EURC Stablecoin Supply Reaches Historic High as Market Capitalization Nears $100 Million
TL;DR The EURC stablecoin, issued by Circle, has reached a historic supply of 91.8 million, with a market capitalization nearing $100 million. This growth has...
Yala Secures $8 Million in Seed Funding to Develop Bitcoin-Backed Stablecoin YU
TL;DR Yala has raised $8 million in a seed funding round co-led by Polychain Capital and Ethereal Ventures, surpassing its $5 million goal. The startup...
SEC Settles Charges Against TrueUSD Issuers Over Fraudulent Marketing Claims
TL;DR The SEC settled fraud charges with TrueCoin and TrustToken regarding TrueUSD. The stablecoin was not fully backed by U.S. dollars as advertised. Companies agreed...
Ripple Prepares for Stablecoin Launch with Strategic Token Burns
by jose
TL;DR Ripple’s Stablecoin Launch: Ripple is preparing to launch its stablecoin, Ripple USD (RLUSD), to enhance the utility and liquidity of the XRP Ledger. Strategic...
Palau Advances National Payment System with Ripple-Based Stablecoin Project
TL;DR Palau completes Phase 2a of its National Payment Service Project, integrating Ripple-based stablecoins. A regulatory and technological framework was developed to support the stablecoin...
