STABLECOIN
A stablecoin (or stable coin), as its name indicates, is a stable cryptocurrency designed to be resistant to the type of price volatility synonymous with cryptocurrencies like Bitcoin and Ether. The key is to understand "stable": what is "stable"? which references are pegged to make its value "stable"? In terms of what we measure the "stability".
FDUSD Stablecoin Launches on Sui Blockchain
First Digital introduces its stablecoin, FDUSD, as a native token on the Sui blockchain, expanding DeFi options and showcasing institutional confidence in Sui's growing ecosystem.
Paxos Introduces USDG and Global Dollar Network for Stablecoin Advancement
Paxos unveils USDG, a US dollar-backed stablecoin, alongside the Global Dollar Network to boost stablecoin adoption globally, according to Paxos.
Global Dollar Network Launched to Boost Stablecoin Adoption
Anchorage Digital, Bullish, Galaxy Digital, and more launch Global Dollar Network to enhance stablecoin usage globally, featuring the new stablecoin USDG.
Paxos Launches USDG Stablecoin with Regulatory Compliance
Paxos introduces USDG, a US dollar-backed stablecoin, compliant with Singapore's MAS framework. Partnering with DBS Bank for secure reserve management, USDG aims to enhance global stablecoin adoption.
Tether (USDT) Reports $7.7 Billion Profits and Record U.S. Treasury Holdings in Q3 2024
Tether's Q3 2024 report reveals $7.7 billion nine-month profits, $102.5 billion U.S. Treasury holdings, and a $6 billion reserve buffer, highlighting its financial strength.
Agora Introduces AUSD Stablecoin on Injective (INJ)Blockchain
Agora launches AUSD, a US dollar-backed stablecoin, on the Injective (INJ)blockchain, enhancing liquidity between DeFi and TradFi markets, and supporting seamless financial transactions.
M^0 Integrates Wormhole NTT for Multichain Stablecoin Expansion
M^0 partners with Wormhole to enhance the multichain capabilities of its stablecoin M, utilizing Wormhole's NTT framework to boost interoperability and DeFi adoption.
Paxos Launches Yield-Bearing Stablecoin on Injective (INJ)Network
Paxos introduces Wrapped Lift Dollar (wUSDL) on the Injective (INJ)Network, offering users a stablecoin that earns yield from treasury bills, enhancing DeFi interactions.
USDC Launches on Sui Mainnet, Boosting DeFi Ecosystem
USDC, a major stablecoin, is now available on the Sui Mainnet, enhancing liquidity and value transfer within the DeFi ecosystem as Sui's TVL surpasses $1 billion.
Tether (USDT) Marks a Decade of Stablecoin Leadership with 350 Million Users
Tether celebrates 10 years of innovation, solidifying its role as the leading stablecoin with 350 million users worldwide. Discover Tether's impact on global finance and its future vision.
BNB Chain Introduces Gas-Free Stablecoin Transfers Amidst Expanded Infrastructure
BNB Chain launches 'Gas-Free Carnival' enabling gasless stablecoin transfers with partnerships from leading exchanges, wallets, and bridges.
Etherfuse Launches Mexican Stablebond on Solana (SOL) Blockchain
Etherfuse introduces a Mexican Stablebond on the Solana (SOL) blockchain, aiming to revolutionize financial inclusion and democratize financial systems.
Tether Appoints Jesse Spiro as Head of Government Affairs Amid Regulatory Challenges
Tether appoints Jesse Spiro as Head of Government Affairs to strengthen regulatory relations amid U.S. scrutiny, leveraging his PayPal and Chainalysis experience.
Binance Introduces Zero Fee for EURI Purchases via SEPA Bank Transfer
Binance launches a zero-fee SEPA bank transfer option for EUR deposits to receive EURI, enhancing user experience and compliance with MiCA regulations.
AUSD Stablecoin Now Integrated with Sui Network
AUSD stablecoin launches on Sui, enhancing the network's utility, accessibility, and interoperability, according to The Sui Blog.