During the four-hour period in which the Binance attack took place, Ethena’s ENA token lost more than 16% of its value, while price and supply changes in USDe, which tracks…
Former SWIFT CEO Lazaro Campos has become chair of London-based OpenTrade, which enables businesses to earn yield on their stablecoin balances.
According to CoinDesk, Campos has joined OpenTrade, which provides infrastructure…
Visa’s annualized settlement volume using stablecoins has surpassed $25 billion, reaching 10 times its level a year ago.
According to Wu Blockchain, Visa CEO Ryan McInerney shared the scale of the…
Coinbase has opened Ripple’s dollar-backed stablecoin RLUSD to retail and institutional customers, offering deposits and withdrawals across three networks and 1:1 conversions.
According to The Block, Coinbase and Ripple announced on…
In a survey commissioned by DBS, 88% of respondents representing large companies said they use or have tested tokenized money, with stablecoins ranking first among the tools in use or…
Moody’s assigned investment-grade credit ratings to Ripple’s dollar-backed stablecoin RLUSD, evaluating the quality of its reserves and users’ ability to redeem their tokens for cash.
According to The Block, RLUSD received…
As the dollar and stock market swung sharply following Brazil’s election results, companies’ search for ways to protect their money led to a major increase in Bitcoin and dollar-backed stablecoin…
According to CryptoQuant data, Binance and Binance.US hold about 75% of the stablecoin reserves on tracked exchanges, making them the center where capital that could be used for crypto purchases…
The U.S. Office of the Comptroller of the Currency (OCC) urged small and local banks to prepare to apply for permission to issue their own dollar-pegged tokens and have a…
Canada has opened for public comment a draft regulation that would ban interest payments to stablecoin holders and require non-bank issuers to maintain full reserves.
According to CoinDesk, the 60-day consultation…
The central banks of Singapore, Malaysia and Thailand will examine the use of stablecoins and other digital currencies for cross-border payments in a project joined by Ripple, Visa and Mastercard.
According…
HSBC plans to add the wallet for RedCoin, a Hong Kong dollar stablecoin, to its mobile banking app in Hong Kong and offer customers the option to subscribe to investment…