Stablecoins News
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 ...
Survey Shows 69% of Crypto Users in Emerging Markets Opt for Stablecoins Over Local Currencies
Stablecoins are increasingly reinforcing the dominance of the U.S. dollar worldwide, particularly in regions where access to USD is limited....
Ripple CEO Brad Garlinghouse Says RLUSD Stablecoin Weeks Away, “Not Months”
Earlier this year, Ripple Labs (developers of XRP Ledger and XRP) announced they are releasing a stablecoin native to their blockchain netwo...
SEC Eyes Challenge to FTX’s Stablecoin Repayment Plan, Drawing Industry Backlash
The US Securities and Exchange Commission (SEC) took the unusual step last Friday of submitting a filing to ensure it can potentially challe...
More Than $100 Million BTC Long Positions Liquidated, Analysts Reveal What’s Next
Amid the recent drop in most major crypto assets, many traders have been liquidated. According to data from Coinglass, close to 70K traders ...
Fidelity Eyes Stablecoins, Tokenised Treasuries in Crypto Push
Multinational financial services provider Fidelity Investments has been playing an important role in the crypto-sphere. The worldwide operat...
Circle CEO Says iPhone Users Will Soon Be Able to Use USDC For Payments
Jeremy Allaire, co-founder and CEO of Circle, the company behind the second largest stablecoin by market cap, USDC, has just announced an ex...
Ripple Starts Testing of Stablecoin RLUSD on Ethereum and XRP Ledger
The news cycle over the past week has revolved around last Monday’s catastrophic crash and the market’s gradual recovery since. Despite ...
Ripple to Allocate US$10 Million to Tokenised US Treasury Bills on XRP Ledger in Crypto Tokenisation Push
Ripple, the digital payment network, has invested US$10M (AU$15.4M) in tokenised US treasuries on the XRP Ledger (XRPL). The tokenisation of...
Tether Reports Record US$5.2 Billion Net Profit for First Half of 2024, USDT Market Cap Nears US$115 Billion
The largest stablecoin issuer Tether (USDT), has recorded over US$5B (AU$7.65B) in net profit for the first half of 2024, the company said i...
Tether Taps Former Chainalysis Economist to Boost Transparency in Stablecoin Operations
Tether might be the biggest player in the stablecoin sector, but they haven’t gone without controversy. The team’s flagship coin, USDT, ...
Circle’s USDC Leading Demand for Regulated Stablecoins, According to Analytics Firm Kaiko
USDC, Boston-based payments firm Circle’s flagship product, is currently seeing the most demand out of all regulated stablecoins, says cry...