This initiative, announced on September 5, has garnered backing from Japan’s largest banks, including Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho.[…]
The stablecoin, which is currently being tested on the XRP ledger and Ethereum, is expected to be available within weeks.[…]
In a recent update on social media, Christensen addressed speculation about DAI incorporating a freeze mechanism—a feature that halts token[…]
Launched in 2023, PYUSD is a digital dollar equivalent backed 1:1 by actual US dollars and issued by Paxos Trust[…]
This new peak surpasses the previous high of $167 billion set in March 2022, after which the market value had[…]
This move is set to provide users with a stable financial tool and enhance liquidity in the crypto market. The[…]
This initiative aims to provide a stable financial asset amidst Brazil’s economic fluctuations. The MELI Dollar can be traded within[…]
RLUSD, which is pegged to the US dollar and fully backed by US assets, is not yet available for public[…]
Stablecoins, designed to offer price stability by pegging their value to assets like fiat currencies, are gaining traction compared to[…]
This dominance attracts significant stablecoin inflows, reinforcing its status as the backbone of cryptocurrency liquidity. Ethereum’s extensive DeFi ecosystem continues[…]