Stablecoin

USDC on Sui expands DeFi liquidity with cross-chain features

The introduction of native USDC to the Sui ecosystem marks a critical advancement in the development of decentralized finance. As a major player in the stablecoin market, USDC provides the stability necessary for transactions and liquidity management. Its presence on…

Stablecoin

Visa launches platform for banks to issue stablecoins

Visa Inc. continues to lead the digital payments space with the introduction of its Visa Tokenized Asset Platform (VTAP). As banks and financial institutions explore the benefits of blockchain technology, Visa’s platform offers a streamlined solution for issuing fiat-backed tokens,…

Stablecoin

PayPal makes first business payment with its own stablecoin

In an increasingly digital world, PayPal continues to innovate by introducing new payment methods that aim to streamline commercial transactions. As businesses seek faster, more efficient ways to process payments, PayPal’s venture into stablecoins offers significant potential for improving the…

Stablecoin

Robinhood Revolut Consider Entering $170 Billion Stablecoin Market

In recent years, the digital asset sector has witnessed exponential growth, driven largely by stablecoins such as USDT and USDC. Companies like Robinhood Markets Inc. and Revolut Ltd. have started evaluating the potential of launching their own stablecoins, aiming to…

Stablecoin

Stablecoins payments in Singapore grow toward $1 billion in Q2

Stablecoins have been at the forefront of digital finance in recent years, particularly in countries with progressive financial ecosystems like Singapore. As businesses and individuals increasingly seek efficient and low-cost solutions for digital payments, stablecoins offer a compelling alternative. This…

Stablecoin

USDC Expands Sui Network Utility with $650M DeFi Growth

The Sui Network continues to build momentum as a major player in the decentralized finance (DeFi) space. With the upcoming integration of USDC, the network’s utility and interoperability will significantly expand. This milestone adds new potential for both developers and…

Stablecoin

Tether, issuer of stablecoin to Double Workforce by 2025 and Enhance Compliance

Tether Holdings Ltd. is a central figure in the cryptocurrency landscape, recognized for issuing the stablecoin USDT, which has amassed a staggering $115 billion in market value. As a cornerstone of the digital asset ecosystem, Tether has consistently positioned itself…

Stablecoin

Tether Reports $1.3B Profit and $5.2B in First Half of the Year

Tether Holdings Ltd., the operator of the largest stablecoin, has recently reported significant financial milestones. This article delves into Tether’s financial performance, market value, and strategic holdings in US Treasuries, highlighting the company’s influence in the cryptocurrency market. Tether Impressive…

Stablecoin

Agora Launches AUSD Stablecoin on Sui Blockchain

Agora, a forward-thinking financial startup, is poised to impact the cryptocurrency world with its upcoming AUSD stablecoin. Scheduled for release in June, AUSD will be pegged to the US dollar, ensuring stability and trust for its users. This stablecoin marks…

Stablecoin

Stablecoins Drive Change in Russian Commodities Trade

The landscape of financial transactions for Russian commodities firms has undergone a significant transformation. In the face of mounting international sanctions and financial restrictions, these firms have turned to innovative solutions to ensure the seamless execution of cross-border deals. Among…