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…
TrueX launched by Coinbase alum as a stablecoin crypto exchange
The cryptocurrency market has experienced immense changes since the collapse of FTX in late 2022, and with the rise of decentralized applications and public exchanges, new players are continuously emerging. One such platform is TrueX, a digital asset exchange that…
AUSD Stablecoin Launches on Sui Enhancing Liquidity and DeFi
AUSD has emerged as a key player in the decentralized finance (DeFi) ecosystem, consistently proving its utility and flexibility across multiple blockchain networks. As the stablecoin expands into new networks, its presence on Sui introduces a significant opportunity for both…
Hong Kong Stablecoin Regulation Boosts Digital Asset Hub
Hong Kong vibrant financial ecosystem is undergoing a transformative shift, as the city embraces the potential of stablecoins to drive the next wave of digital asset innovation. With the introduction of a comprehensive licensing regime for stablecoin issuers, the city…
SEC Stablecoin Probe Ends Marking Major Win for Crypto
As the crypto industry evolves, the quest for regulatory clarity regarding SEC stablecoin remains paramount. A recent decision by the Securities and Exchange Commission (SEC) to end its investigation into New York stablecoin issuer Paxos suggests that stablecoins, typically pegged…
PayPal Expands Stablecoin PYUSD to Solana Blockchain
PayPal Holdings Inc., continues to innovate within the financial sector. Recently, the company expanded its stablecoin, PayPal USD (PYUSD), to the Solana blockchain. This move marks a significant step in the evolution of digital payments, as PayPal seeks to leverage…
Deutsche Bank Reveals 14% Currency Peg Survival Rate Signals Stablecoin Risks
In a study recently conducted by analysts at Deutsche Bank Research, a comprehensive analysis of 334 currency pegs since the year 1800 has revealed a startling truth: only 14% of these pegs have managed to survive the test of time.…
SEC Targets Ripple Stablecoin as Unregistered Crypto Asset in Ongoing Legal Battle
The U.S. Securities and Exchange Commission (SEC) has recently set its sights on Ripple’s highly anticipated stablecoin. In a recent filing, the SEC characterized the stablecoin as an “unregistered crypto asset.” Ripple, known for its innovative approach to bridging traditional…
Visa and Allium Labs Report Indicates Over 90% of Stablecoin Transactions May Not Involve Real Users
Stablecoins, a type of cryptocurrency pegged to an underlying asset like the U.S. dollar, have garnered significant attention in recent years. Proponents argue that stablecoins have the potential to revolutionize the payments industry, offering fast, low-cost transactions. However, a new…
Stripe Brings Back Crypto Payments with Stablecoins Offering Enhanced Speed and Stability
Stripe Inc., the renowned payments processing company, is making headlines in the world of cryptocurrency by reintroducing crypto payments on its platform. This move allows merchants using Stripe’s platform to accept stablecoins for online transactions, bringing a new level of…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
