Stablecoin
Latin American E-Commerce Giant Mercado Libre Launches U.S. Dollar-Tied Stablecoin
Customers of Mercado Libre digital bank subsidiary Mercado Pago will be able to buy and sell Meli Dollar with their Brazilian reais balances.
By Andrés EnglerAug 21, 2024
Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months
The dwindling metric points to declining selling pressure in the bitcoin market.
By Omkar GodboleAug 13, 2024
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
The Galaxy-backed project aims to attract DAO treasuries to allocate to its new stablecoin.
By Krisztian SandorAug 8, 2024
Tether Nets $5B Profits This Year, Says Its U.S. Debt Holdings Surpassed Germany's
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.
By Krisztian SandorJul 31, 2024
Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B
Renewed expansion in stablecoins is bullish for the broader crypto market.
By Omkar GodboleJul 25, 2024
Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity Is Back Up
Visa and Allium Labs released their latest findings on stablecoin activity which showed demand for stablecoins has picked back up in 2024 and there's a steady growth of monthly active stablecoin users.
By Amitoj SinghJul 18, 2024
TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg
Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits.
By Krisztian SandorJul 17, 2024
Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends
Hong Kong authorities plan to introduce a bill into the Legislative Council before year-end.
By Amitoj SinghJul 17, 2024
Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
By Will CannyJul 8, 2024
Tether to Stop Minting Stablecoin USDT on Algorand and EOS
The circulating supply of the dollar-linked stablecoin on the two blockchains represents only about 0.1% of the total USDT supply.
By Bradley KeounJun 24, 2024
