Tag: stablecoin

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TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023

A report issued by TRM Labs indicated that Tether’s USDT, the largest stablecoin in the cryptocurrency industry, was the preferred stablecoin used for...

Weekly Crypto Roundup: Current News, Blockchain Trends, Bitcoin and Stablecoin Analysis, and More Insights.

This analysis report, backed by quality data, covers the major developments the Web3, Blockchain, and Crypto sectors have experienced this week. 1. Breaking News...

Yala’s Strategic Roadmap Unveiled: Bring Bitcoin Liquidity Across Blockchain With a Meta-Yield Stablecoin

PRESS RELEASE. Yala, a project that enables the seamless transfer of Bitcoin liquidity through a meta yield stablecoin, is thrilled to announce...

XSY May Bring Another Stablecoin To Cardano | by Cardanians.io (CRDNS pool) | The Dark Side | Mar, 2024

Input Output Global (IOG) has unveiled a new initiative known as XSY, pronounced ‘eksy’. The specifics of this project, shrouded in a veil...

The Hidden Risks of USDC Stablecoin | by Cardanians.io (CRDNS pool) | The Dark Side | Mar, 2024

Circle has made the immediate decision to cease the minting of USDC on the Tron platform. Current USDC holders have the option to...

Stablecoin Bill’s Passage in 2024 Appears Uncertain as Talks Stall

Discussions among lawmakers have stagnated for months as the upcoming election season draws near, rendering...

Innovative stablecoin launches with unique regulatory strategy

Mehen Finance, the entity behind the USDM stablecoin on Cardano’s blockchain, is gearing up for a public retail rollout slated for April. The...

USDM Stablecoin Goes Live on Cardano (ADA) Mainnet, Issuer Looking for Institutional Minters of Fiat-Backed Crypto

A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The financial firm Mehen launched the USDM stablecoin over the weekend, noting that...

Palladium and Botanix Labs Launches Bitcoin-native Stablecoin on Bitcoin’s First EVM Layer 2

Palladium and Botanix Labs have announced the launch of a new stablecoin, PUSD, on Bitcoin's first EVM-equivalent Layer 2 network, according to a...

Ripple Celebrates Brazilian Real Stablecoin On XRP Ledger

RippleX, the development arm of Ripple, has formally announced the integration of the BRLA Token, a stablecoin pegged to the Brazilian Real (BRL),...

Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox

On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that...

EU Takes Aim at Multi-Currency Stablecoin Regulation with EBA Draft

The European Union's pursuit of regulatory clarity in the realm of cryptocurrencies took another stride as the European Banking Authority (EBA) published its latest draft...