Category: Stablecoin
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Solana Breaks $1B Stablecoin Inflow, Solaxy Raises $7M
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The turn of the year is shining brightly for Solana as the ecosystem received over $1 billion in stablecoin inflows in December. How and why did this happen? Easy – Stablecoins surged in popularity after Trump’s win in November, and Solana’s status as the home of the best memecoins made…
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Solana Breaks $1B Stablecoin Inflow, Solaxy Raises $7M
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The turn of the year is shining brightly for Solana as the ecosystem received over $1 billion in stablecoin inflows in December. How and why did this happen? Easy – Stablecoins surged in popularity after Trump’s win in November, and Solana’s status as the home of the best memecoins made…
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Binance Stablecoin Reserve At Record
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Data suggests that stablecoin reserves on Binance have risen to a new record high recently, a potentially bullish sign for Bitcoin and other coins. The stablecoin reserve on Binance has been growing rapidly recently As one of the analysts at CryptoQuant Quicktake explained mailRecently, Binance’s stablecoin reserve has risen. The…
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Binance Stablecoin Reserve At Record
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Data suggests that stablecoin reserves on Binance have risen to a new record high recently, a potentially bullish sign for Bitcoin and other coins. The stablecoin reserve on Binance has been growing rapidly recently As one of the analysts at CryptoQuant Quicktake explained mailRecently, Binance’s stablecoin reserve has risen. The…
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As stablecoin bill advances in Hong Kong legislature, advocates trumpet its many uses
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Hong Kong residents are one step closer to experiencing the many applications of stablecoins, from local payments to cross-border trade settlements, as a bill covering the digital currency makes its way through the Legislative Council. proposed by the Hong Kong government Stablecoin bill Closer to becoming law, the city moves…
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Whales Snap Up 30 Million XRP As Ripple Launches Its RLUSD Stablecoin
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This article is also available in Spanish. XRP whales have been in immediate buying mode with blockchain payments company Ripple officially on the way Fired Its dollar-backed stablecoin, RLUSD, will be traded on several global cryptocurrency exchanges on Tuesday. The stablecoin is now available for trading on Bitso, Uphold, CoinMENA,…
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Ripple CEO Announces Approval For RLUSD Stablecoin By New York Regulators
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Ripple CEO Brad Garlinghouse revealed on Tuesday that the New York State Department of Financial Services (NYSDFS) has given final approval to the company’s inaugural stablecoin, RLUSD. Ripple is preparing to enter the stablecoin market with Release RLUSDRipple hopes to provide a reliable option for customers interested in digital currencies…
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Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?
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This article is also available in Spanish. The latest on-chain data shows that the stablecoin market is approaching a new phase in terms of valuation. Here’s how increased liquidity could impact Bitcoin and the overall cryptocurrency market. Could a Stablecoin Cap Send Bitcoin Price to $100,000? IntoTheBlock’s market intelligence platform…
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Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?
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This article is also available in Spanish. The latest on-chain data shows that the stablecoin market is approaching a new phase in terms of valuation. Here’s how increased liquidity could impact Bitcoin and the overall cryptocurrency market. Could a Stablecoin Cap Send Bitcoin Price to $100,000? IntoTheBlock’s market intelligence platform…
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Cardano Founder Breaks His Silence On Wyoming Stablecoin
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In a live feed On November 25, Charles Hoskinson, Cardano founder and CEO of Input Output Global (IOG), expressed serious concerns about the Wyoming stablecoin project, highlighting what he sees as procedural misconduct and unfair exclusion of the Cardano blockchain. Cardano founder speaks Hoskinson began by recounting the initial optimism…
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Cardano Founder Breaks His Silence On Wyoming Stablecoin
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In a live feed On November 25, Charles Hoskinson, Cardano founder and CEO of Input Output Global (IOG), expressed serious concerns about the Wyoming stablecoin project, highlighting what he sees as procedural misconduct and unfair exclusion of the Cardano blockchain. Cardano founder speaks Hoskinson began by recounting the initial optimism…
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Stablecoin company Noble raises $15 million in Series A from Paradigm
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As stablecoins like Tether and Circle’s USDC grow in popularity, more companies are rushing to offer their own versions. This includes Ripple, Revolut and Robinhood, which are said to be planning to offer their own version of digital tokens, which are designed to maintain a fixed peg to a fiat…
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Stablecoin company Noble raises $15 million in Series A from Paradigm
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As stablecoins like Tether and Circle’s USDC grow in popularity, more companies are rushing to offer their own versions. This includes Ripple, Revolut and Robinhood, which are said to be planning to offer their own version of digital tokens, which are designed to maintain a fixed peg to a fiat…
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Exchanges See 2nd Most Stablecoin Inflows Ever
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On-chain data shows that exchanges have just received significant inflows of stablecoins, something that could ultimately benefit Bitcoin’s rally. Stablecoin exchange flows have been on the rise recently As one analyst at CryptoQuant Quicktake pointed out mailthe exchange flow of stablecoins recorded a sharp jump. “Exchange flow” here refers to…
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$2.3 Billion Gains And What Lies Ahead For The Stablecoin
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This article is also available in Spanish. On Thursday, Tether (USDT), the largest coin in the world, was traded Stablecoin sourcereleased its third-quarter (Q3) Assurance Opinion report, revealing big financial results amid a broader market recovery led by Bitcoin (BTC). Tether’s total assets reach an all-time high Conducted by accounting…
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$2.3 Billion Gains And What Lies Ahead For The Stablecoin
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This article is also available in Spanish. On Thursday, Tether (USDT), the largest coin in the world, was traded Stablecoin sourcereleased its third-quarter (Q3) Assurance Opinion report, revealing big financial results amid a broader market recovery led by Bitcoin (BTC). Tether’s total assets reach an all-time high Conducted by accounting…
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Introducing Falcon Finance: A Revolutionary Synthetic Stablecoin
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DWF Laboratories It recently made waves in the decentralized finance (DeFi) sector with the announcement of Falcon Finance, a synthetic stablecoin designed to provide attractive return opportunities for investors. This innovative project aims to provide transparency and security while meeting the needs of a diverse group of users. In this…
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Robinhood And Revolut Consider Entering The $170 Million Stablecoin Market – Report
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According to Bloomberg a reportCryptocurrency trading platform Robinhood and fintech company Revolut are exploring launching their own stablecoins. The potential move from Robinhood and Revolut comes amid mounting pressure from regulators in Europe, which could dilute the dominance of Tether, the largest stablecoin issuer in the market. Cord and Circle…
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Shiba Inu Stablecoin In The Works? Team Member Hints At Potential Launch
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Shiba Inu The ecosystem is gearing up for another major milestone as the project team hints at the possible launch of a new stablecoin, sparking a wave of excitement within the entire SHIB community. Given that stablecoins are essential to providing price stability and improving utility, this announcement has generated…
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SEC charges TrustToken and TrueCoin over stablecoin fraud
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The US Securities and Exchange Commission has charged two crypto companies linked to the TUSD stablecoin with securities violations. TrueCoin and TrustToken stable The U.S. Securities and Exchange Commission has filed a lawsuit against TrustToken, accusing it of making unregistered offers and selling investment contracts between November 2020 and April…