Paxos to Launch Stablecoin for Hyperliquid Ecosystem
The stablecoin infrastructure provider Paxos has unveiled a proposal to launch USDH, the first "stablecoin" in the lineup of the largest decentralized crypto derivatives exchange, Hyperliquid.
Paxos to Launch Stablecoin for Hyperliquid Ecosystem
The stablecoin infrastructure provider Paxos has unveiled a proposal to launch USDH, the first "stablecoin" in the lineup of the largest decentralized crypto derivatives exchange, Hyperliquid.
Stripe CEO Highlights Business Interest in Stablecoins
"Stablecoins" are gaining traction as they offer businesses faster, cheaper, and more reliable payments compared to traditional systems, according to Stripe CEO Patrick Collison.
Kazakhstan Permits Regulatory Fee Payments in Stablecoins
The Astana Financial Services Authority has launched an initiative allowing organisations registered with the AIFC to pay regulatory fees in stablecoins pegged to the US dollar.
The Economist Predicts Challenges for Yuan-Backed Stablecoins
China will not launch a yuan-backed stablecoin due to a lack of offshore assets and capital controls, writes The Economist.
Citi Identifies AI and Stablecoins as Key Drivers of the RWA Market
By 2030, tokenized assets are expected to account for 10% of the global market turnover, according to Citi's annual report.
USD1 Predicted to Dominate Stablecoin Market by 2028
By the end of Donald Trump's second term, USD1 is expected to become the leading stablecoin, surpassing USDT and USDC, according to Blockstreet co-founder Kyle Clemmer in an interview with Decrypt.
EtherFi Allocates $500 Million to Plasma in Partnership Deal
The infrastructure stablecoin project Plasma has announced a partnership with the staking protocol EtherFi, describing it as the fastest-growing neobank based on stablecoins.
Tether Revises Plans to Freeze USDT on Five ‘Legacy’ Blockchains
The stablecoin issuer Tether has abandoned its plans to freeze USDT tokens circulating on the Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand networks.
VanEck CEO Labels Ethereum as ‘Wall Street’s Token’
Ethereum is poised to become the primary network for banks due to the increasing adoption of stablecoins, according to Jan van Eck, CEO of investment firm VanEck.
Citi Warns of Stablecoin Threat to Banks
The payment of interest on stablecoin deposits could trigger a mass exodus of deposits from banks, Citi warned.We use cookies to improve the quality of our service.
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