Ethena Labs launched a new stablecoin today called ‘USDtb.’ Nearly 90% of the stablecoin’s reserves are backed by BlackRock’s BUIDL tokenized fund. This new asset complements...
The UK will introduce unified crypto regulations, including stablecoins, in early 2025. New rules aim to simplify oversight and avoid restrictive staking classifications. Labour government aims...
Polygon announced Agora AUSD as the new native stablecoin for the AggLayer. This aims to solve liquidity fragmentation and interoperability issues. AUSD will help streamline cross-chain...
Banco Bisa, the fourth-largest bank in Bolivia, has launched a USDT custody service. Cutstomers can buy, hold and send USDT from their bank accounts. Banco Bisa,...
In a riveting turn of events, Scroll ecosystem’s stablecoin project Essence Finance raised substantial investor concerns across the broader market on Saturday amid rugpull speculations. Notably,...
US Congressman French Hill, who serves as the Chairman of the House’s Subcommittee on Digital Assets, has provided a timeline for when the Stablecoin bill could...
PYUSD, PayPal’s dollar-backed stablecoin, dropped 40% in market cap since its high in August. Data suggests that this high only occurred due to high-yield financial incentives...
Ripple has announced the launch of its stablecoin, RLUSD (Ripple USD), along with its global exchange partners who will facilitate the token’s availability worldwide. This launch,...
Ethena Labs has announced the upcoming launch of UStb, a new stablecoin that will be backed by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). BlackRock’s...
Ethena Labs on Thursday said it will launch UStb stablecoin collateralized by BlackRock and Securitize, enabling separate fiat stablecoin product alongside USDe. UStb will be fully...