Hermetica, a leading Bitcoin (BTC) stablecoin issuer, has expanded its partnership with Bitcoin Layer 2 (L2) network Stacks (STX), according to information …
Stablecoin
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Finance
Russia’s finance ministry suggests creation of ruble stablecoin post-Tether ban
by shayaanby shayaanRussia should be eyeing its own fiat-backed stablecoins, a senior finance ministry official has said. According to a Reuters report on April …
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DeFi
Synthetix’s sUSD stablecoin falls below $0.8 despite peg recovery measures
by shayaanby shayaanSynthetix’s algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko’s price data, …
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Regulation
Italy sounds the alarm over U.S. stablecoin regulations: ‘bigger threat than tariffs’
by shayaanby shayaanItalian finance and economy minister Giancarlo Giorgetti is warning that dollar stablecoins are a greater threat to the European economy than tariffs. …
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Regulation
Russian Finance Ministry eyes domestic stablecoin to bypass Western infrastructure
by shayaanby shayaanRussia’s Finance Ministry is evaluating the creation of domestic stablecoins pegged to foreign currencies after access to Tether’s USDT was restricted for …
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Regulation
Fed Chair Powell advocates for stablecoin regulation, signals openness to crypto innovation
by shayaanby shayaanFederal Reserve Chair Jerome Powell reiterated the need for a regulatory framework for stablecoins and signaled that the Fed has no intention …
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The European Union’s first united framework to regulate crypto assets, Markets in Crypto-Assets (MiCA) is taking shape rapidly. MiCA is now the …
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Markets
Noble’s New ‘AppLayer’ Lets Developers Build Stablecoin Tools on Celestia
by shayaanby shayaanNoble, a blockchain for issuing real-world assets (RWA) and stablecoins, announced Wednesday that it will expand its platform by introducing “AppLayer,” an …
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DeFi
Steer Protocol Ensures Secure and Seamless Stablecoin Swaps in Collaboration with Kima Network
by shayaanby shayaanSteer Protocol is excited to announce its groundbreaking partnership with Kima Network to redefine the future of cross-chain financial operations. This alliance …
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Markets
Struggle for Stablecoin Dominance Set to Enter Third Round, Fireblocks Says
by shayaanby shayaanThe competition for stablecoin dominance is entering a third phase and companies such as Tether, issuer of the largest token, and Circle, …