Bitcoin and Stablecoins: The Innovative Project by Umoja and Merlin Chain
TL;DR Umoja and Merlin Chain join forces to launch USDb, a new stablecoin backed by Bitcoin. USDb stands out for its backing in tokenized trading...
Tag : Stablecoin
Tether Takes Action Against Illicit Use of Digital Assets
by jose
TL;DR Tether’s Blacklisting Operation: Tether has blacklisted several wallet addresses, cumulatively holding $21.2 million in USDT, as part of its ongoing efforts to combat the...
Reaching the Peak: Stablecoins Market at $142 Billion
by Fernando
TL;DR Stablecoin market capitalization reaches $142 billion, its highest since 2022. Tether (USDT) and USD Coin (USDC) lead the rise, with USDT reaching $98 billion....
Hoskinson on Cardano’s Rise, Stablecoins, and the Taylor Swift of Blockchain
by jose
TL;DR Charles Hoskinson, co-founder of Cardano, likens the trajectory of his blockchain network to Taylor Swift’s rise to fame. He attributes Cardano’s success to innovative...
M^0 Labs Launches Crypto Dollars Backed by U.S. Treasuries on Ethereum
by jose
TL;DR M^0 is a new protocol that allows institutions to issue stablecoins backed by U.S. Treasuries on Ethereum. M^0 tokens are more stable, scalable, interoperable, and...
A New Kind of Stablecoin: Figure Technologies Applies for SEC Approval
by jose
Figure Technologies, a prominent player in the crypto industry, has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking approval for an...
Solana Hits Record $300B Stablecoin Volume in January
by jose
Solana, a rising star in the world of blockchain, has achieved a new milestone with a record-high stablecoin transfer volume of $300 billion in January....
Tether in the Center of the Storm: Becomes the Currency of Choice for Money Laundering, UN Warns
by Fernando
Tether (USDT) has become an increasingly preferred tool for money launderers and fraudsters in Southeast Asia, a report from the United Nations Office on Drugs...
Binance Futures Unleashes $170,000 USDC Rewards to Elevate Perpetual Contracts
Binance Futures has initiated a fresh promotional campaign, offering rewards totaling $170,000 in USDC to boost engagement and awareness of its recently introduced USDC-margined perpetual...
Central Bank of Nigeria Greenlights Africa Stablecoin Consortium (ASC) and Launch of cNGN
by Fernando
An innovative development emerges in Nigeria’s financial landscape as the Central Bank of Nigeria (CBN) grants approval for the launch of cNGN (Compliant Nigerian Naira...