Ripple Tests New Stablecoin RLUSD on Ethereum and XRP Ledger
Ripple has begun testing its new stablecoin, Ripple USD (RLUSD), on the Ethereum mainnet and XRP ...
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Tag: Stablecoin
Coinbase Revenue Dips by 11% as Consumer Transactions See Major Drop
Coinbase reported $1.45 billion in revenue for Q2 2023 Consumer transaction revenues declined to $665 million, ...
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SEC Halts Investigation Into the Developer of Bitcoin L2 Stacks
The SEC has ended an investigation into Stacks, a Bitcoin scaling network, and its original developer ...
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SEC Cuts Investigation into Stablecoin Issuer Paxos, and Declares Binance’s BUSD is Not a Security
• SEC ends investigation into stablecoin issuer Paxos, declares BUSD not a security• Paxos received Wells ...
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Tron Plans Gasless Stablecoin Transfers for Free Peer-to-Peer Transactions
Justin Sun announces gasless stablecoin solution for free peer-to-peer transfers. Tron aims to integrate this solution ...
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Tether Mints $1 Billion USDT on Ethereum Amid ETF Approval Hopes
Tether minted 1 billion USDT tokens on the Ethereum blockchain amid market upswing driven by hopes ...
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90% of Stablecoin Transactions Are Fake and Here is Why
Nearly all stablecoin transactions are tied to inorganic activity like arbitrage, liquidity provision, and market making ...
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Banks could flood into stablecoin market if new payment act passes Senate
The Lummis-Gillibrand Payment Stablecoin Act could encourage U.S. banks to issue stablecoins by imposing a $10 ...
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BRICS to Create a Stablecoin for Global Trade to Eliminate the U.S. Dollar
• BRICS members are exploring the use of stablecoins for international settlements• They are also considering ...
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Binance Converts $1B Emergency Fund ‘SAFU’ to USDC, Now 3% of Supply
Binance has converted its $1 billion Secure Asset Fund for Users (SAFU) into the Circle USDC ...
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