Ripple Labs’ RLUSD stablecoin: Everything you need to know
RLUSD, a stablecoin by Ripple Labs, is pegged to the US dollar, ensuring a 1:1 value backed by cash or equivalents. Go to Source
Stablecoin
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BVNK raises $50M to expand into US stablecoin market
The capital will be used to expand BVNK’s operations to San Francisco and New York City in 2025. Go to Source
Tether USDT trading continues across Europe despite Coinbase delisting
Binance, Crypto.com, Kraken and other crypto exchanges continue to list Tether’s USDT on their EU platforms weeks before the final MiCA deadline on Dec. 30. Go to Source
Tether backs European stablecoin firm StablR amid USDT uncertainty
Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR. Go to Source
TRON Hits Milestone With $587.2B In Monthly USDT Transfer Volume
Stablecoins continue to drive impressive growth in the crypto sector, with TRON solidifying its position as the leading blockchain for stablecoin transactions. November 2024 marked a historic milestone, as USDT transfer volume on TRON surged to an all-time high of $587.2 billion for the month. This milestone represents a substantial leap from previous months. In … Read more
XRP rally and RLUSD anticipation fuel activity on Xaman Wallet
Xaman’s spike in user activity reflects a renewed interest in the XRPL ecosystem amid the ongoing XRP rally and anticipation of the RLUSD stablecoin launch. Go to Source
Aave DAO considers exiting on Polygon after proposed bridge
Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves. Go to Source
Ripple USD stablecoin set for trading debut tomorrow
Ripple’s RLUSD stablecoin is set for its trading debut on Dec. 17 on platforms including Uphold, MoonPay, Archax and CoinMENA, the company said. Go to Source
Stablecoin Market Cap Surpasses $200B As DeFi Yields Outpace Traditional Finance
The stablecoin market has reached a significant milestone, with its total market capitalization surpassing $200 billion. This explosive growth is being driven by DeFi’s superior yield offerings, which outshine traditional financial instruments. With returns up to three times higher than long-term bonds, it’s no surprise that capital is pouring into this sector at an unprecedented … Read more
Coinbase prepares to delist Tether’s USDT stablecoin in Europe
Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date. Go to Source
