The Federal Reserve Board has announced that Michael S. Barr is resigning from his position as Vice Chair for Supervision. In a …
Stablecoin
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The State of Wyoming is hiring blockchain developers to support the creation of its government-issued stablecoin currency. The Wyoming Stable Token Commission …
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DeFi
Solana becomes the leader for stablecoin inflows as DeFi, DEX trading accelerates
by shayaanby shayaanSolana (SOL) is attracting more stablecoins in the past day, as liquidity shifts to the most promising markets. A shift to DeFi …
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Ethena’s synthetic USDe dollar has emerged as the fastest-growing USD-pegged stablecoin over the past 30 days after its market capitalization skyrocketed 73% …
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Finance
usdx.money Secures $45 Million Funding Round to Advance Stablecoin Adoption
by shayaanby shayaanusdx.money, an emerging synthetic dollar stablecoin protocol, has announced that it has secured $45 million in a funding round. The firm stated …
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Regulation
Former Diem co-founder says Meta’s stablecoin project was a ‘political kill’
by shayaanby shayaanMeta’s former stablecoin project, Diem, which initially launched as Libra in 2019, ended after facing significant political and regulatory obstacles in the …
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Regulation
Powerful New York Regulator May Greenlight Ripple RLUSD Stablecoin As Soon as This Week: Report
by shayaanby shayaanA prominent New York regulator is reportedly mulling over approving payments platform Ripple Labs’ RLUSD stablecoin as soon as next week. According …
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Regulation
Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets
by shayaanby shayaanThe Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial …
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Bitcoin news of the newly launched Bitcoin-backed stablecoin USDa by Avalon Labs has rapidly gained traction in the market. It has amassed …
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Finance
OpenTrade Secures $4M Seed Extension to Scale RWA-Backed Lending & Stablecoin Yield Solutions
by shayaanby shayaanThe stablecoin market has seen incredible growth, with over $175 billion in circulation and transaction volumes exceeding $11.1 trillion—comparable to the combined …