Stablecoin Market Cap Hits $161 Billion, Reaches Two-Year High: CCData
In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData,...
Category : Stablecoin
Stablecoin Studio on Sui, S3, to Give Sui Developers Compliant Payment Processing Stablecoin Applications
Grand Cayman, Cayman Islands, March 8th, 2024, Chainwire Powered by Pravica, S3 will provide builders on the Sui blockchain with the opportunity to seamlessly launch...
Stablecoin Issuer Circle Explores 2024 IPO Possibility a Year After Failed SPAC Deal: Report
Stablecoin issuer Circle is looking into the possibility of becoming a publicly traded company in the early months of 2024. The development comes almost a...
Real Estate-Backed Stablecoin USDR De-Pegs, Plunges to $0.53
In a recent development, the Real USD (USDR) stablecoin lost its peg to the U.S. dollar, causing its value to plummet to just $0.5. TangibleDAO,...
How Venmo’s Stablecoin Integration Can Grow the Bitcoin Economy
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Hong Kong Will Issue Stablecoin Regulations By Mid-2024
Duncan Chiu, a member of the Legislative Council of the Hong Kong Special Administrative Region (HKSAR), revealed that the Hong Kong Parliament is currently conducting...
Visa Boosts Stablecoin Settlement on Solana Blockchain
Visa, the world’s payment giant, announced the pilot programs in partnership with payment processors Worldpay and Nuvei. The goal is to enhance cross-border payment efficiency...
Circle’s USDC Stablecoin Coming to Coinbase’s Base Next Week
After two years of split governance, the cooperation between the two companies has culminated in a new agreement, with Coinbase even acquiring a minority stake...
What Does PayPal’s Stablecoin on Ethereum Mean for Crypto?
PayPal has long been interested in the evolving crypto landscape, but with its recent stablecoin announcement, the payments giant is taking its involvement to the...
Aave Stablecoin GHO Launches to Mainnet on Ethereum
Over the weekend, the Aave DAO successfully launched the GHO stablecoin on the Ethereum mainnet. The dollar-pegged stablecoin was proposed in July 2022 as a...
