Browsing: stablecoin
PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.
Tether teams up with UAE’s Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade…
Stablecoin supply has been growing in U.S. dollar terms, but the expansion doesn’t mean it’s taking over crypto market share;…
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of…
Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months
The dwindling metric points to declining selling pressure in the bitcoin market.
DeFi Protocol Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
Mountain Protocol’s USDM, for example, backs its price by holding U.S. Treasuries, but passes on the bond yields to token…
XRP issuer Ripple is advancing on stablecoin plans after CEO Brad Garlinghouse teased the idea during Consensus 2024. Ripple (XRP)…
“Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners,” the company said…
BIS and UK Bank of England Project Successfully Shows Stablecoin Balance Sheets can be Supervised
“Should a mismatch occur between a stablecoin issuer’s liabilities (the coins in circulation) and the assets backing that stablecoin, this…
The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose…