Borderless.xyz Emerges With $3M Pre-Seed Led By Amity Ventures To Build a Modern Global Stablecoin Payment Network
New York, New York, 23rd October 2024, Chainwire
October 23, 2024
2 mins read
Search Results for: stablecoin
Binance Research Report Highlights Global Trends in Stablecoin Regulation Amid Growing Demand
As blockchain-backed digital assets that are anchored to fiat currencies or other assets, stablecoins have become more popular in the global financial scene. These digital currencies promise to transform international finance by providing stable, transparent, and effective cross-border transactions. But because of their quick expansion, regulatory agencies all over the globe
October 15, 2024
3 mins read
UAE Central Bank Launches First Dirham Pegged Stablecoin
The Central Bank of the UAE has granted in-principal approval for the first AED stablecoin. Furthermore, this milestone, announced on October 13, 2024, marks a significant advancement in the UAE’s digital currency landscape. The stablecoin will be pegged to the UAE dirham, aiming to provide stability for digital transactions. Al
October 14, 2024
1 min read
Stablecoin Market Liquidity Surges, Boosting Crypto Sector Optimism
Record highs in stablecoin dynamics have increased market liquidity in the cryptocurrency sector. Bitcoin (BTC) and the whole cryptocurrency sector might take heart from this, since past performance indicates that more liquidity usually leads to higher prices. According to a new analysis by CryptoQuant, the combined value of the market
October 12, 2024
2 mins read
Ripple Launches RLUSD, Challenges Other Stablecoin Contenders
The stablecoin market has reached a pivotal juncture, with total liquidity hitting unprecedented levels, according to the latest CryptoQuant report. This surge in stablecoin value, now totaling $169 billion, represents a 31% increase year-to-date, adding $40 billion to the market. This growth not only signals increased confidence in digital assets
October 9, 2024
2 mins read
Leading Stablecoin Issuers & Crypto Firms Embrace International Set Of Stablecoin Standards
London, United Kingdom, 9th October 2024, Chainwire
October 9, 2024
4 mins read
Tether Celebrates 10th Anniversary with Documentary on USDT Stablecoin
On its 10th anniversary, stablecoin issuer Tether announced that a documentary on USDT and its role in combating inflation would be released. Interviews with Tether users who have used the stablecoin to fight inflation were included in the trailer. High inflation rates were shown in the trailer via conversations with
October 6, 2024
2 mins read
Coinbase Prepares to Delist Stablecoins Ahead of EU MiCA Rules
Cryptocurrency exchange Coinbase Global Inc. has announced plans to delist stablecoins that do not comply with the new requirements across the European Economic Area (EEA) by the end of this year. The European Union’s Markets in Crypto-Assets (MiCA) regulation moves toward full implementation by the end of 2024. Coinbase plans
October 4, 2024
2 mins read
OKX Exchange Announces Listing PayPal USD (PYUSD) Stablecoin
The cryptocurrency market has seen a spur of activity in the last 24 hours. While the Uptober bull run has not begun yet, prices have declined. Meanwhile, cryptocurrency firm Ripple has reaffirmed its vow to battle with the SEC. Amid traders’ significant losses and partnerships, as aforementioned, the sector showed
October 3, 2024
2 mins read
Ripple Mints Additional 1.35 Million RLUSD Stablecoin on XRPL
In an effort to make sure the stablecoin works well when it launches, Ripple has minted an additional 1.35 million RLUSD to the XRP Ledger. Ripple is gearing up for a crucial period of regulatory reviews and market integration, which is when this development occurs. With 2.45 million RLUSD created
October 2, 2024
2 mins read
