Browsing: stablecoin

Hourglass has announced the end of the Stablecoin Deposit Phase 2 and disclosed the method for allocation. This conclusion marks a significant step in their ongoing operations. The company has provided details on how the… (via Bpaynews real-time desk)

Yala’s stablecoin YU is facing a troubling scenario akin to that of USDX, involving an address that borrowed $#USDC at a notably high interest rate without repayment. This situation raises concerns about the financial practices…

stablecoin supply change In the last 24 hours, Aptos has overtaken Ethereum regarding changes in stablecoin supply. This shift indicates a significant movement within the cryptocurrency market. The stablecoin supply is a crucial metric for… (via Bpaynews real-time desk)

WLFI Partners With AB to Deploy the USD1 Stablecoin on AB Chain In an exciting development for the world of digital finance, WLFI, a renowned finance institution, has announced a strategic partnership with blockchain powerhouse… (via Bpaynews real-time desk)

BNB Chain has announced the integration of AllScale, a self-custodial stablecoin digital bank. This development aims to enhance the financial services offered on the BNB Chain platform. AllScale provides users with the ability to manage… (via Bpaynews real-time desk)

Tether dominance Tether’s market dominance has reached its highest point since April, indicating significant shifts in the cryptocurrency landscape. This surge reflects a growing preference for Tether among investors and traders. As the largest stablecoin… (via Bpaynews real-time desk)

Circle, the first stablecoin issuer, is experiencing a swift decline back to its initial price level. This drop has raised concerns within the market. Investors are questioning the stability and future of Circle’s stablecoin amid…

Circle’s Q3 Revenue Circle reported a 66% increase in revenue for the third quarter, yet it also experienced a 12% decline, raising concerns in the market. The surge in revenue highlights the company’s growth trajectory,…

Singapore to Roll Out Stablecoin Regulations, Expand CBDC Trials In a significant move to bolster its status as a leading global fintech hub, Singapore has announced plans to implement new regulatory frameworks for stablecoins and… (via Bpaynews real-time desk)

BNY is launching a new reserve fund aimed at stablecoin issuers, seeking to tap into the $1.5 trillion stablecoin market. The reserve fund is designed to provide issuers with liquidity and backing, enhancing their operational…