Key Takeaways: Swift has enabled its ledger, and 17 major banks are looking forward to testing out cross-border payments tokenized. The platform allows for direct 24/7 transfers between the money…
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Tag:
Stablecoin
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Key Takeaways: In only 525 days, USDT0 has already matched the record that rivals the competition with more than $100 billion in total transfers across networks, globally. The network has…
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Crypto Currency
TRON Hits Massive $167B Stablecoin Volume as Network Activity Tops 10.6M Transactions
Key Takeaways: With a record $167 billion in daily stablecoin transfers, TRON has made significant strides in the crypto payments space. Transfers of USDT continued being a significant activity driver,…
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In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual revisions and additions to the…
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Digital asset company AllUnity is launching SEKAU, a Swedish krona-backed stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The new token operates as an e-money token under…
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Stablecoin settlement infrastructure company Trace Finance has raised $32 million in a Series A funding round led by CoinFund. Coinbase Ventures, Jump Capital and Paxos were among the investors that…
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The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK. CertiK said A7A5 processed over $110 billion…
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Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already…
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Ethereum’s stablecoin market capitalization has soared over $164 billion, thanks to growing adoption and regulatory developments. Despite the surge in the stablecoin’s market cap, Ethereum is still facing a revenue-related…
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Key Takeaways: KRWQ, the stablecoin backed by Korean currency by IQ and Frax, is launching on Solana to extend on-chain KRW liquidity. The project will aim to facilitate cross margin…
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