Tag

Stablecoin

Ripple Eyes Stablecoin Supremacy with Bold Bid to Acquire Circle

Ripple’s recent bid to acquire Circle, the issuer of the USDC stablecoin, signals a strategic move to solidify its position in the evolving cryptocurrency landscape. This development follows Ripple’s significant...
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SEC Declares Covered Stablecoins Like USDT and USDC Are Not Securities

In a significant regulatory development, the U.S. Securities and Exchange Commission (SEC) has officially declared that certain stablecoins, including leading tokens like Tether (USDT) and USD Coin (USDC), are not...
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Yellow Card Secures a total of $85 Million to Lead Africa’s Stablecoin Revolution

Yellow Card, one of Africa’s leading cryptocurrency exchanges, continues to make waves in the fintech space. With the recent successful $33 million Series C funding round, the company is now...
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Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion in Landmark Crypto Deal

In a historic move for the cryptocurrency sector, payments giant Stripe has announced the acquisition of stablecoin platform Bridge in a transaction valued at $1.1 billion. This deal marks the...
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PayPal Expands PYUSD Stablecoin to Solana, Introduces Confidential Transfers

On May 29, PayPal announced the deployment of its PYUSD stablecoin on the Solana blockchain, expanding beyond its previous availability on Ethereum. This strategic move introduces “confidential transfers,” a significant...
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Central Bank Governor Urges Action Amidst Growing Stablecoin Concerns

Bank of Korea Governor Rhee Chang-yong highlighted the challenges posed by the increasing dominance of stablecoins like tether (USDT) and USD Coin (USDC). Despite their name, these digital currencies often...
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France’s Société Générale Unveils Largest Euro-Pegged Stablecoin, EUR CoinVertible, in Crypto Market Debut

Société Générale, one of France’s leading banks, has stepped into the burgeoning stablecoin market with the launch of its native euro-pegged stablecoin, EUR CoinVertible (EURCV). This move marks a significant...
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PayPal Set to Launch Its Own Stablecoin PYUSD

(Image credits:Pymnts) In a groundbreaking move, Silicon Valley-based payments giant PayPal has revealed its plans to introduce a U.S. dollar stablecoin, in partnership with Paxos. The digital token, aptly named...
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MakerDAO Community Votes to Remove $500 Million Paxos Dollar (USDP) from Reserves, Impacting Stablecoin Supply

Coindesk reports, that a recent decision that has significant implications for both MakerDAO and Paxos, the MakerDAO community has unanimously voted to eliminate $500 million worth of Paxos Dollar (USDP)...
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Backed by high-grade government assets & major fiat currencies, ARYZE’s suite of full reserve stablecoins provides stability amid global financial uncertainty. COPENHAGEN, DENMARK, March 23, In the wake of numerous...
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin96,279 0.14 % 0.62 % 2.11 %
Ethereum1,835.9 0.28 % 0.08 % 2.31 %
Tether1.000 0.00 % 0.01 % 0.01 %
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