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Ripple targeting year-end RLUSD Stablecoin launch: report
Tether to Invest in Quantoz for MiCAR-Compliant Stablecoin Launch: Leveraging Hadron by Tether for Tokenization Growth
Dogecoin Advocate Warns Against Stablecoin Risks
Mishaboar Advises Against Investing in Certain Stablecoins
Crypto That Will Be Used by Banks: The Rise of Stablecoins and Their Role in the Financial Sector
Bitcoin Set to Break $70K! Stablecoin Surge and Chinese Stimulus Fuel Rally
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Dec / 07
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- Ripple targeting year-end RLUSD Stablecoin launch: report
- Dec 07, 2024 at 01:59 am crypto.news
- Despite targeting a late 2024 release date, Ripple's plans to introduce its US dollar-pegged stablecoin, RLUSD, face potential delays due to regulatory approvals and the holiday season. Ripple's CTO remains optimistic, but acknowledges reduced staff availability during the festive period may impact the launch. Expected to operate on both the XRP Ledger and Ethereum network, RLUSD is currently undergoing testing and has secured partnerships for liquidity. However, regulatory approval from the New York State Department of Financial Services remains a key obstacle, with an initial rumored launch date of December 4th being denied by Ripple as they await final approval.
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Nov / 20
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- Tether to Invest in Quantoz for MiCAR-Compliant Stablecoin Launch: Leveraging Hadron by Tether for Tokenization Growth
- Nov 20, 2024 at 07:19 pm Inside Bitcoins
- Tether has announced a strategic investment in Quantoz Payments to launch MiCAR-compliant stablecoins called EURQ and USDQ. These tokens will facilitate more efficient and transparent digital euro and dollar transactions across European markets. Tether's investment utilizes Hadron by Tether, a platform providing comprehensive tokenized asset management capabilities, to ensure compliance and empower users.
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Oct / 26
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- Dogecoin Advocate Warns Against Stablecoin Risks
- Oct 26, 2024 at 08:34 pm BH NEWS
- Dogecoin Advocate Mishaboar Raises Stablecoin Concerns, Emphasizing Risks Associated with USDT, USDC, and PYUSD, and Advocates for Strict Regulations to Mitigate Vulnerabilities like Reserve Failure and Centralization, Suggesting Alternative Investments like Bitcoin and Dogecoin as More Secure Options.
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- Mishaboar Advises Against Investing in Certain Stablecoins
- Oct 26, 2024 at 07:34 pm COINTURK NEWS
- Dogecoin influencer Mishaboar has issued a warning against investments in stablecoins, such as USDT, USDC, and PYUSD, due to potential risks associated with the assets. These risks include the vulnerability of backing reserves to collapse and high centralization, which could lead to losses for investors. Mishaboar advises holding cryptocurrencies with lower risks, such as Bitcoin and Dogecoin, and advocates for effective regulation and industry collaboration to address these concerns.
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Oct / 03
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- Crypto That Will Be Used by Banks: The Rise of Stablecoins and Their Role in the Financial Sector
- Oct 03, 2024 at 10:24 am Crypto News Land
- Cryptocurrency Market Leaders: Bitcoin, the pioneer, remains dominant with Ethereum gaining prominence for its blockchain technology and smart contracts. Stablecoins like Tether maintain stability attracting businesses and institutions. Binance Coin facilitates transactions within the Binance exchange, while Dogecoin, initially a joke currency, has become a significant player with a loyal fanbase.
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Sep / 29
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- Bitcoin Set to Break $70K! Stablecoin Surge and Chinese Stimulus Fuel Rally
- Sep 29, 2024 at 12:12 am ICOGemHunters
- Bitcoin Surges Towards $70,000, Driven by Stablecoins and Chinese StimulusPrice Action Bitcoin recently surpassed $65,000, breaking through a key resi...
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Sep / 19
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- Revolut expands crypto service with Stablecoin offering
- Sep 19, 2024 at 07:29 am Cryptopolitan_News
- Fintech giant Revolut is expanding its cryptocurrency offerings with the introduction of its own stablecoin, aligning with the industry trend of portfolio diversification. The UK-based company, valued at $45 billion and recently licensed as a bank, joins the stablecoin market. Revolut emphasizes compliance and safety, with plans to back the stablecoin with national reserves, likely the British pound. Europe's favorable regulatory environment through the Markets in Crypto Assets (MiCA) supports this expansion.
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Aug / 24
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- Anchorage Digital Introduces PayPal Stablecoin Yield Program for Institutional Clients
- Aug 24, 2024 at 12:14 pm Inside Bitcoins
- Anchorage Digital has launched a first-of-its-kind rewards program exclusively for institutional clients holding PayPal USD stablecoins (PYUSD) in its custody or through its self-custody wallet, Porto. This program enables participants to earn rewards without engaging in activities like rehypothecation, staking, or lending, while maintaining complete accessibility and on-chain segregation of their PYUSD balances.
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May / 28
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- Stablecoin: Russia China Settle Key Deals Using USDT Amid US Sanctions
- May 28, 2024 at 06:34 pm Coingape News Media
- Driven by international sanctions, Russian firms are increasingly embracing stablecoins like Tether (USDT) to settle deals with China. This shift toward cryptocurrencies amidst the challenges posed by sanctions is fueled by the efficiency and cost-effectiveness offered by stablecoins, which facilitate cross-border transactions swiftly and securely without relying on traditional banking systems susceptible to sanctions.
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May / 04
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- Stablecoin Surge as Ethereum and Bitcoin Hold Steady: Modest Growth or Potential Breakout?
- May 03, 2024 at 07:34 pm Coin Edition
- The cryptocurrency market has experienced a significant increase in the number of non-empty wallets, indicating rising interest in alternative cryptocurrencies. TONcoin (TON) has witnessed an impressive 110% growth in wallets, while Dogecoin (DOGE) has seen a notable 27% growth. Stablecoins, particularly USDT and USDC, continue to gain traction with substantial growth in their user base. Ethereum and Bitcoin, the two largest cryptocurrencies by market capitalization, have observed more modest growth rates of 11% and 10%, respectively.
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