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Ripple, the financial technology firm behind the XRP cryptocurrency, has initiated testing of its much-anticipated stablecoin, Ripple USD (RLUSD). According to its official announcement, the testing...
The Bank for International Settlements (BIS) and the Bank of England are running a project that allows the tracking of stablecoin reserves in real-time. UK financial watchdogs...
The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will...
On Thursday, July 18, the Hong Kong Monetary Authority (HKMA) announced the list of participants for its stablecoin issuer sandbox. This initiative, launched in March 2024,...
DWS, an asset management firm owned by Deutsche Bank, is preparing to launch the first euro-denominated stablecoin regulated by Germany’s Federal Financial Supervisory Authority (BaFin). This...
On Wednesday, June 10, stablecoin issuer Circle minted USDC worth $250 million on the Solana (SOL) blockchain. The injection of fresh liquidity added fuel to market...
The Securities and Exchange Commission (SEC) has now decided to close its investigation into Paxos Trust Company over Binance USD (BUSD) stablecoin. This decision, communicated through...
During a recent congressional hearing, Federal Reserve Chair Jerome Powell has expressed a keen interest in the passing of stablecoin legislation before the year ends. Federal...
The stablecoin giant Circle has once again made global headlines by revealing plans to introduce EURC, its first euro-backed stablecoin, to Base, an L2 (layer 2)....
The Ronin Network has announced the integration of PHPC, a Philippine peso-pegged stablecoin, onto its platform. This development was shared on Ronin’s X (formerly Twitter) account,...
