Stablecoin

Highlights: Anchorage Digital has taken over Mountain Protocol and has ended the minting of USDM. Mountain Protocol will shift focus to support Anchorage in expanding stablecoin services across the global market. Tinian is moving forward with a local digital dollar […]

Highlights: This investment by Visa into BVNK fast-tracks the adoption of stablecoins in global payments. BVNK processes $12 billion annually, enabling seamless fiat and stablecoin transactions. Visa strengthens its digital asset strategy with a focus on stablecoin infrastructure. Visa has […]

Highlights: Patrick Collison announced the testing of Stripe stablecoin and urged companies to participate. Stripe completed a 1.1 billion dollar acquisition of Bridge to strengthen its stablecoin payment infrastructure. The company has begun testing its stablecoin product as competition grows […]

Highlights: OKX Pay Wallet will offer stablecoin payments and a physical card for everyday use without private keys. The Pay Wallet will separate payment functions of the platform with DeFi. OKX separates payments and DeFi with the new Pay Wallet, […]

Highlights: Stacks price spikes 19% to $0.90 in the past 24 hours, as trading volume soars.  Stacks technical indicators signal a slight retracement to sweep through liquidity. Stacks open interest and volume spike 39% and 97% respectively, indicating surging investor […]

Highlights: To foster stablecoin adoption, Coinbase and PayPal are providing zero-fee PYUSD-USD conversions. The collaboration explores on-chain platforms and decentralized finance (DeFi) using PYUSD. PYUSD has been on the rise in terms of usage, and its market cap has doubled […]

Highlights: PayPal has introduced a 3.7% annual yield for PYUSD stablecoin to facilitate real-world adoption. PYUSD rewards will be distributed daily and paid monthly, with flexible spending and transfer options. The PYUSD operates on Ethereum and Solana, providing a wide […]

Highlights: BNB Chain now has more active USDT addresses than TRON, with almost 12 million wallets. Ethereum users are shifting to faster alternatives like BNB and TRON due to high fees. BNB Chain stands out in USDT usage and holds […]

Highlights: Ripple’s $1.25B acquisition of Hidden Road expands its role in global prime brokerage. The firm will integrate its stablecoin, RLUSD, into Hidden Road’s services to enhance its financial offerings. Hidden Road’s $3 trillion annual clearing volume positions Ripple as […]

Highlights: WLFI proposes a small-scale USD1 stablecoin airdrop to test the system and reward holders. The airdrop will occur on Ethereum, with timing and details pending community feedback. USD1 stablecoin launches for institutional investors with Ethereum and BNB Chain support. […]

Highlights: Itaú Unibanco is considering launching a stablecoin pegged to the Brazilian real. U.S. regulatory shifts influence Brazil’s approach to stablecoin development. Itaú is waiting for clearer regulations in Brazil before proceeding with stablecoin plans. Itaú Unibanco, a multinational bank […]

Highlights: RLUSD’s market cap has reached over $240 million, signaling rapid growth. Ripple integrates RLUSD into Ripple Payments to improve cross-border transactions. Kraken joins other exchanges in listing RLUSD, increasing user access. RLUSD, Ripple’s stablecoin, has gained traction in the […]