Crypto industry executives share with Cointelegraph what they expect for the now $200 billion stablecoin market next year.
The Series A funding round was led by Framework Ventures and included contributions from UXTO Management, Presto Labs and Kenetic Capital
Stablecoins are increasingly being adopted by major companies as a practical solution to financial challenges. With a market cap of $200B, these digital currencies, pegged to fiat currencies like the U.S. dollar, provide stability and efficiency, making them an attractive alternative to traditional financial systems. SpaceX, owned by Elon Musk, is one such company leveraging …
Tether appears to have now been affected by regulatory adjustment in Europe. Particularly, with the EU’s new Markets in Crypto-Assets (MiCA) regulations scheduled to fully take effect in its member states by the end of the year, the crypto landscape is being reshaped. Intended to increase oversight as well as eliminate illegal practices, MiCA requires […]
RLUSD, a stablecoin by Ripple Labs, is pegged to the US dollar, ensuring a 1:1 value backed by cash or equivalents.
The capital will be used to expand BVNK’s operations to San Francisco and New York City in 2025.
The investment round was led by Haun Ventures and included contributions from Coinbase Ventures and Tiger Global.
Binance, Crypto.com, Kraken and other crypto exchanges continue to list Tether’s USDT on their EU platforms weeks before the final MiCA deadline on Dec. 30.
Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR.
The crypto company behind USDT, the largest stablecoin, decided to shutter its own euro-pegged stablecoin and back smaller issuers that comply with the EU's MiCA regulations.
Xaman’s spike in user activity reflects a renewed interest in the XRPL ecosystem amid the ongoing XRP rally and anticipation of the RLUSD stablecoin launch.
Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.
The stablecoin will become broadly available to crypto users on the XRP Ledger and Ethereum networks beginning on Tuesday.
Ripple’s RLUSD stablecoin is set for its trading debut on Dec. 17 on platforms including Uphold, MoonPay, Archax and CoinMENA, the company said.
The protocol's governance token ENA rallied over the weekend as Donald Trump-affiliated World Liberty Financial invested in the token.
Ripple’s highly anticipated stablecoin, RLUSD, is set to launch in 2024, and the crypto community is buzzing with excitement. As the release date approaches, there are growing expectations, especially within the XRP community. While many are eager to get their hands on the new stablecoin, Ripple’s CTO, David Schwartz, has shared some important advice for …
Ethena Labs is set to launch its synthetic stablecoin, USDe, on December 16, 2024, with its market cap already reaching $5.73 billion. Unlike traditional stablecoins like USDT or USDC, USDe is designed as a yield-generating asset rather than just a transaction tool. USDe has quickly gained traction in the decentralized finance (DeFi) world, with its …
Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date.
The Ripple CEO said the RLUSD listing would “be live soon” on exchanges after the New York Department of Financial Services approved the stablecoin.
The global stablecoin market has soared to a new high of $190 billion in November, breaking the previous record of $188 billion from April 2022. This marks an impressive 9.94% growth from October, the biggest monthly jump since November 2021. While stablecoins are rising, The U.S. Financial Services Oversight Council (FSOC) has issued its 2024 …
Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.
The company’s former chief strategy officer, Jonathan Levin, assumed the role of CEO and offered his thoughts to Cointelegraph on the future of the industry.
Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution.
Tether’s USDT stablecoin has reached an all-time high market cap of $135 billion, marking its 15th straight month of growth and capturing 70% of the stablecoin market. The global stablecoin market also achieved a record $202 billion, surpassing its previous peak of $188 billion in April 2022. Meanwhile, USDC, issued by Circle, grew 12.1% to …
Major cryptocurrency assets, excluding Bitcoin, usually known as Altcoins, are currently demonstrating strong momentum, rising significantly to pivotal levels in the past few days. While there is the belief that the tokens are surging due to a drop in Bitcoin’s dominance, several seasoned market experts think otherwise. Has The Much-Awaited Altcoin Season Begun? In an insightful prognosis […]
Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.
By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively.
Tether minted an additional $1 billion USDT on Ethereum and Tron just hours ago, bringing its total USDT issuance to a staggering $16 billion since November 6. The latest mint underscores Tether’s aggressive expansion, reflecting heightened demand for the stablecoin across decentralised ecosystems. This surge in USDT minting aligns with increased crypto market activity, reinforcing …
Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask.
Crypto is coming to Europe’s popular luxury retail stores. According to reports, Printemps, a popular chain of luxury brands, will start accepting cryptocurrencies for payments. Related Reading: Shiba Inu Christmas Countdown: What Big News Is Coming For The Holidays? The luxury store operator has partnered with Binance Pay and Lyzi to offer its customers an […]