A proposal to use a US dollar pegged stablecoin as part of economic rebuilding efforts in the Gaza Strip is reportedly under assessment by a policy body linked to the…
USD1, the dollar backed stablecoin issued by World Liberty Financial, briefly fell below its one dollar peg on Monday after the project claimed it was targeted by a coordinated attack.…
Decibel, a decentralized exchange built on the Aptos blockchain, is preparing to launch a protocol native stablecoin called USDCBL ahead of its mainnet debut later this month. The dollar backed…
The Central Bank of the United Arab Emirates has approved the country’s first U.S. dollar backed stablecoin, marking a significant step in the region’s regulated digital asset framework. The stablecoin,…
Citrea has launched its Bitcoin native rollup on mainnet, marking a notable step in efforts to expand Bitcoin’s role beyond payments into on chain financial activity. The platform introduces BTC…
A crypto venture backed by members of the Trump family has taken a significant step toward deeper integration with the US financial system by applying for a national trust bank…
SoFi has become the first U.S. bank to launch direct cryptocurrency trading, expanding its suite of financial services as regulatory clarity encourages more lenders to explore digital assets. The company…
Kyrgyzstan has officially launched its national stablecoin, USDKG, issuing more than $50 million worth of tokens backed by gold and pegged to the U.S. dollar. The state-owned company under the…
Introduction A group of prominent Wall Street banks, including Goldman Sachs, Morgan Stanley, Bank of America, and Citigroup, is reportedly investigating the issuance of stablecoins tied to G7 fiat currencies.…
Introduction A recent analysis by Standard Chartered has raised concerns that the rapid adoption of stablecoins could drain as much as one trillion dollars in deposits from emerging market banks…