Stablecoin

Highlights: Wyoming Stable Token Commission partnered with LayerZero to develop and distribute WYST. WYST is backed by cash and U.S. Treasury securities for stability. Trump’s World Liberty Financial will launch USD1, a stablecoin tied to the dollar. Stablecoins are rapidly […]

Highlights: Bitso launches MXNB, a Mexican peso-pegged stablecoin, on Arbitrum. Juno’s platform provides tools to businesses for stablecoin issuance and management. The collaboration with Arbitrum ensures cost-effective and fast transactions for global businesses. Bitso, a Mexican-based cryptocurrency exchange, has entered […]

Highlights: Fidelity plans to launch its own stablecoin by May and has already advanced to the final stages of development. The stablecoin market is growing fast, and it has attracted firms such as Fidelity and BlackRock. Tether and Circle still […]

Highlights: Custodia and Vantage Bank issue the first U.S. bank-backed stablecoin on Ethereum. Avit stablecoin offers efficient, low-cost transactions in a regulated environment. The collaboration between U.S. banks sets a precedent for future blockchain-backed financial products. Custodia Bank, in collaboration […]

Highlights: A survey reveals that 83% of institutional investors plan to increase their cryptocurrency allocations this year. 59% of investors will allocate at least 5% of assets to digital assets. 84% of investors use or consider stablecoins for more than […]

Highlights: Trump’s support for crypto raises concerns over Europe’s financial stability and sovereignty. Europe speeds up digital euro development to safeguard strategic autonomy amid U.S. crypto shift. ECB rejects Bitcoin for reserves while Trump pushes crypto integration in the U.S. […]

Highlights: OCC allows banks to offer crypto custody and stablecoin services without approval. OCC removes Biden-era crypto restrictions to boost innovation. Trump announced the end of Operation Chokepoint 2.0 and pledged to support crypto and position the US as a […]

Highlights: The new bill requires stablecoin issuers to maintain equal reserves to help minimize market instability. Republicans have also introduced a competing stablecoin bill that gives the OCC authority instead of the Federal Reserve. The Congress is forming a bipartisan […]

Highlights: Nigeria’s first compliant stablecoin, cNGN, launched on licensed digital asset exchanges. The stablecoin is pegged 1:1 to the naira and operates across multiple blockchain networks. cNGN aims to improve cross-border payments and digital transactions in Nigeria’s financial sector. Nigeria […]

Highlights: Tether’s net profits topped $13 billion last year, boosting its total equity to over $20 billion. The company’s US Treasury holdings reached a record $113 billion, strengthening its liquidity. Tether’s Bitcoin investments contributed to its growing asset portfolio and […]

Highlights: Ethereum Foundation has sold another 100 ETH tokens for 307,893 DAI. The recent selloffs come a few days after the organization has sold 100 ETH for $336,475. Ethereum’s price decline possibility is making rounds following the consistent dumpings. Renowned […]

Highlights: ECB proposes a digital euro to counter the rise of dollar-backed stablecoins. Trump’s executive order prohibits the Federal Reserve from issuing a CBDC. European banks fear losing deposits due to ECB-backed digital wallets. The European Central Bank (ECB) is […]