Tether Authorizes the Release of 1 Billion USDT on the Ethereum Network, Capitalization at $155 Billion
Tether, the issuer of the USDT stablecoin, approved the creation of an additional 1 billion tokens on the Ethereum network…
stablecoin
Coinbase Derivatives Implements USDC as Collateral for Futures in the US
Coinbase Derivatives, a subsidiary of the well-known cryptocurrency exchange Coinbase, has announced the integration of the stablecoin USDC as collateral…
The Volume of the Illegal Stablecoin Market on TRON Reached $5-10 Billion — ZachXBT’s Estimate
Renowned crypto detective ZachXBT reported a significant increase in abuses within the cryptocurrency sector. In his view, the situation in…
Ubyx Secures $10 Million to Launch a Stablecoin Clearing System in 2025
The Ubyx platform has secured $10 million in investments to develop a clearing infrastructure for stablecoins, with a launch planned…
SBI Holdings Invests $50 Million in Circle After NYSE Listing
SBI Holdings, along with its subsidiary SBI Shinsei Bank, made the largest investment among international partners in Circle following its…
Société Générale Announces Launch of Dollar Stablecoin on Ethereum and Solana
The French bank Société Générale, through its cryptocurrency subsidiary SG Forge, is preparing to launch a new stablecoin, USD CoinVertible…
Tether does not plan an IPO and is increasing investments in Bitcoin and gold
Tether, the leading issuer of the USDT stablecoin, has no intention of going public through an initial public offering (IPO),…
Ark Invest invested over $373 million in Circle shares during its NYSE debut
The American investment firm Ark Invest, led by Cathie Wood, made a significant investment of $373.4 million by purchasing nearly…
Paradigm invests $5.2 million in DeFi startup 3Jane to develop unsecured lending
The startup 3Jane has received $5.2 million in investment from Paradigm to develop a DeFi protocol that enables the provision…
Ripple Labs’ RLUSD Stablecoin Receives DFSA Approval for Use in Dubai
The RLUSD stablecoin, developed by Ripple Labs, has received official approval from the Dubai Financial Services Authority (DFSA). This decision…