Stablecoins news articles
XRP Rallies as Societe Generale Pumps Up Ledger with MiCA-Compliant Stablecoin
XRP has rallied as much as 40% over the past few days, reaching a 2024 high trading close to US$0.84 (AU$1.30) in the early hours of Friday ...
Circle CEO Touts Stablecoins as Future of Global Trade at Hong Kong FinTech Week
Stablecoins are having their time in the sun. The tokenised assets, typically tied to an underlying value such as the US dollar, have been h...
US Treasury Expresses Concerns Over Stablecoins, Advocates Transitioning to CBDCs
The rapid growth of stablecoins has raised concerns within the US Treasury Department, which now suggests moving away from private stablecoi...
Bitcoin Bracing for ‘Potential Turbulence’ as US Election Day Nears and USDT Depegs
It seems Bitcoin is finally breaking out of a trading zone it has been in for much of the past few months. BTC has been rallying from a low ...
Report Alleges Trouble for Tether, CEO Ardoino Slams It as ‘Pure Speculation’
A recent report by the Wall Street Journal claims that Tether is under investigation by US authorities. The WSJ wrote, citing people close t...
Base Achieves Record Stablecoin Volume as Solana Hits All-Time High in Transaction Fees
As data from analytics firm Artemis shows, on October 26, Base, a Layer-2 network developed by Coinbase, reached the highest single-day stab...
Ripple to Revolutionise Crisis Relief with RLUSD Stablecoin and Blockchain Technology
Ripple yesterday announced it has entered into a US$1 million, multi-year partnership with the International Rescue Committee (IRC), an inte...
Coinbase To Stop Supporting Non-Compliant Stablecoins in EU by the End of 2024, Including Possibly USDT: Report
Coinbase reportedly plans to cut support for certain stablecoins in the European Union (EU) by the end of the year. A spokesperson for the c...
Ripple’s RLUSD Stablecoin to Boost XRP, Provide Liquidity and Forex Use Cases
Ripple announced earlier this year that they’re planning to launch a Ripple stablecoin named RLUSD. That had some in the XRP community wor...
BTC Just Had Its Best September Since 2012, But Analysts Say Uptober Could Be Huge
Bitcoin is on track to close September in the green, which would be only the fifth time since its existence to do so. While data from Coingl...
PayPal Enables Businesses to Buy, Hold and Sell Crypto
Global payments giant PayPal yesterday announced it will allow US-based merchants to hold, buy and sell cryptocurrency directly from their P...
Circle CEO Envisions US as Future Crypto Leader Amid HQ Move to New York
Circle, the second-largest stablecoin issuer, is moving its headquarters to New York City, according to Jeremy Allaire, the company’s ...