Stablecoin

SocGen Launches USD-Pegged Stablecoin on Ethereum and Solana

French banking powerhouse Société Générale, through its crypto subsidiary SG-Forge, has launched a U.S. dollar-pegged stablecoin, USD CoinVertible (USDCV), marking a significant step in institutional crypto adoption across Europe. The announcement, made Tuesday, confirms the stablecoin’s launch on the Ethereum and Solana blockchains, offering new capabilities for 24/7 fiat-to-stablecoin conversions.

June 10, 2025 2 mins read

South Korea Proposes Licensing Regime for Stablecoin Issuers

In a major effort to legalise cryptocurrency regulation, South Korean representative Min Byeong-deok proposed a sweeping new bill on Tuesday that would transform the country’s digital asset ecosystem. The Digital Asset Basic Act bill, as it is called, creates a new licensing system for stablecoin issuers and establishes general rules

June 10, 2025 3 mins read

Stable Introduces Gasless Blockchain Powered by USDT

A new project, Stable, is being built, and it has unveiled its work on a blockchain where USDT, Tether’s stablecoin, is the option for paying transaction fees. Adding more to this, peer-to-peer transactions can incentivize on-chain exchanges for users in emerging markets. The increasing demand for stablecoins has led to

June 7, 2025 2 mins read

Circle Stock Soars Nearly 300% in First Two Days After IPO, Raising Over $1 Billion

Circle, one of the world’s leading issuers of USDC—a stablecoin pegged to the U.S. dollar—had a significant first day as a publicly traded company. When it debuted on the New York Stock Exchange on June 5, Circle’s stock price soared to $83.23, an impressive 168% jump above its initial offering

June 7, 2025 3 mins read

Uber Explores Stablecoins for Faster, Cheaper Global Payments

Uber, an American multinational transportation company, is now spreading its wings towards stablecoins to ease global payments and cut transaction costs linked with cross-border transactions. The chief executive officer of Uber, Dara Khosrowshahi, attended the Bloomberg Tech Summit in San Francisco on June 5, in which he revealed that the

June 6, 2025 2 mins read

World Liberty Financial Airdropped 47 USD1 to WLFI Sale Participants

The Trump family’s crypto project, World Liberty Financial, has become the talk of the town after its recent move. Reportedly, the project started airdropping 47 USD1 tokens to each blockchain wallet that participated in the WLFI token presale. This is raising concerns about whether it’s a marketing move with no

June 4, 2025 2 mins read

Binance Research's Monthly Market Insights Report Highlights Strategic Shift in the Blockchain Ecosystem

Binance Continues to Lead Crypto Market With 59% Stablecoin Reserve

Binance continues to deepen its roots in the crypto market with each passing year. A recent statistics report by an on-chain data and analytics provider, CryptoQuant, further confirms Binance’s unbeatable role in the crypto market. User-friendly trading services, high liquidity, and transparency are the major highlights driving Binance adoption. CryptoQuant

June 3, 2025 2 mins read

RLUSD Moves Beyond Payments to Power Sovereign-Grade Infrastructure

Ripple’s RLUSD Approved by Dubai Regulator as Recognized Crypto Token

Ripple is gradually strengthening its position in the crypto market by focusing on global expansion. Its 4-year-long lawsuit with the SEC came to an end after Trump’s presidency, and the project is witnessing growth and expansion across countries. Today marked a big milestone for Ripple as its native stablecoin, RLUSD,

June 3, 2025 3 mins read

Paradigm Unveils Orbitals to Transform Stablecoin Trading Efficiency

Orbitals, an automated market maker (AMM) design, has been introduced by Paradigm researchers to transform the way stablecoin pools operate in decentralized finance. This proposal is made when the stablecoin market sets a new record of $250 billion in capitalization for the first time on June 2. Breaking Current DeFi

June 3, 2025 2 mins read

Do Stablecoins Have Practical Use Cases? This Nobel Laureate Doesn’t Think So

The stablecoin market has grown exponentially since the inception of asset-backed cryptocurrencies. Their current market cap is over $251 billion, amounting to 7.63% of the total crypto market capitalization. Top stablecoins like USDT and USDC are used by billions of crypto users all over the world. The increased popularity and

June 2, 2025 3 mins read