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".
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.
Balanced Integrates Injective (INJ) to Enhance Cross-Chain DeFi
Balanced, a cross-chain DeFi platform, integrates with Injective, introducing the bnUSD stablecoin and expanding DeFi capabilities.
Tether (USDT) to Launch UAE Dirham-Pegged Stablecoin in Collaboration with Phoenix Group
Tether announces plans to introduce a stablecoin pegged to the UAE Dirham (AED), in partnership with Phoenix Group and Green Acorn Investments.
Ripple (XRP) USD (RLUSD) Beta Testing Commences on XRP Ledger and Ethereum Mainnet
Ripple (XRP) begins beta testing its stablecoin, Ripple USD (RLUSD), on the XRP Ledger and Ethereum mainnet, a significant step in digital finance.
Circle's Euro-Backed Stablecoin EURC Launches on Base
Circle's EURC stablecoin is now live on the Base mainnet, enabling developers and users to mint and redeem EURC. Supported by major partners like Coinbase and Uniswap.
Standard Chartered, Animoca Brands, and HKT Collaborate in HKMA Stablecoin Issuer Sandbox
Standard Chartered, Animoca Brands, and HKT are joining forces in the HKMA’s stablecoin issuer sandbox to explore digital asset innovations.
HKMA Reveals Participants for Stablecoin Issuer Sandbox
The Hong Kong Monetary Authority (HKMA) has announced the participants of its stablecoin issuer sandbox, fostering the development of Hong Kong's stablecoin ecosystem.
Hong Kong Proposes Regulatory Framework for Stablecoin Issuers
The Hong Kong Monetary Authority and FSTB release consultation conclusions on a legislative proposal for stablecoin regulation.
SEC Drops Stablecoin Probe, Marking a Win for Paxos and the Crypto Industry
In a significant move, the SEC has ended its investigation into Paxos' BUSD stablecoin, signaling a potential shift in regulatory stance toward the crypto industry.