Solayer, OpenEden launch Treasury-backed stablecoin on Solana
Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC. Go to Source
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Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC. Go to Source
Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with the recent expansion of stablecoins, it is still in the early stages of this crypto class. Circle CEO States Stablecoins Will Become a $10 Trillion … Read more
Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades. Go to Source
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions. Go to Source
Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe. Go to Source
Circle has introduced native USDC on the Sui blockchain, giving developers and users direct access to USDC without relying on bridges. This launch supports Circle’s multi-chain approach, utilizing Sui’s features for fast, secure, and scalable applications. USDC Goes Native on Sui Chain Circle explained that the native integration of USDC on Sui enables developers to … Read more
VanEck’s new $30 million fund, VanEck Ventures, will focus on investment in fintech, crypto and AI startups building next-generation payments. Go to Source
Mark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to institutional investors in Australia and the broader Asia-Pacific (APAC) region. This strategic collaboration aims to help superannuation funds and high-net-worth individuals avoid significant bank fees by leveraging USDC, which has a market capitalization … Read more
Australian pension funds can expect a pitch soon for saving money on fees with a stablecoin. Go to Source
Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand. Go to Source