Tag: stablecoin

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Polygon Chain

Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project

According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could...
Ethereum

PayPal Enables US Customers to Utilize Stablecoin for Global Payments

PayPal has unveiled a new service allowing its U.S. clients to conduct cross-border money transfers...
Polkadot Chain

Ripple Reveals Plan to Launch USD-Backed Stablecoin

Key Takeaways Ripple announces its plan to launch a US dollar-backed stablecoin,...
Scam News

Ripple’s USD-Pegged Stablecoin Initiative Targets Rising Market Demand

Ripple, known for its enterprise-grade blockchain solutions, has announced its intention to introduce a stablecoin pegged 1:1 to the US dollar. This revelation comes as...
Ethereum

Solana’s Stablecoin Supply Surpasses $3 Billion with USDC Leading the Way

The stablecoin supply within the layer-1 blockchain network Solana has experienced a steady rise since...
Altcoin News

MakerDAO Considering Allocating Up to $600,000,000 in DAI in Arthur Hayes-Backed Stablecoin USDe

The decentralized finance (DeFi) protocol Maker (MKR) is considering allocating up to $600 million worth of its stablecoin DAI into markets for Ethena’s...
Blockchain

VanEck Spearheads Entry into Stablecoin Market with Agora’s AUSD Launch

Agora, backed by VanEck, announces the launch of AUSD, a USD-backed stablecoin, following a successful $12 million funding round led by Dragonfly....
XDai Chain

Whales Buy Up 5% Of Stablecoin Supply, What Are They Up To?

On-chain data suggests the whale entities have bought up around 5% of the supply of the major stablecoins over the past three weeks. Whales...
Ethereum

Dragonfly Leads $12 Million Seed Round for Agora, Stablecoin Issuer

Agora, a stablecoin issuer, has successfully raised $12 million in seed funding, according to reports....
Ethereum

Coinbase and Circle Challenge Basel Committee’s Stablecoin Regulations

Coinbase and Circle, two prominent players in the cryptocurrency industry, are contesting aspects of a...
Blockchain

TD Cowen Warns Push for Anti-CBDC Bill May Hinder Stablecoin Bill Support

According to a note from TD Cowen, House Republicans’ efforts to pass an anti-central bank...
Harmony Chain

Stablecoin Report: A Deep Dive into Monthly Performance and TrendsStablecoin Report :

Welcome to the monthly Stablecoin Report, where we delve into the dynamic landscape of stablecoins within the broader crypto market. Our analysis will...
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