Stablecoins bring financial inclusion, but their fate is still undecided | Opinion
Stablecoins have grown to become an over $160 billion market. Yet, regulatory uncertainty across the globe threatens their future. We…
Ondo Finance token at risk if Fed begins cutting rates
The Ondo Finance token retreated by over 6% on Tuesday as traders focused on the upcoming U.S. Consumer Price Index…
Ripple begins testing RLUSD stablecoin on Ethereum and XRP
XRP issuer Ripple is advancing on stablecoin plans after CEO Brad Garlinghouse teased the idea during Consensus 2024. Ripple (XRP)…
Blast-incubated stablecoin USDB briefly loses peg amid market turmoil
Decentralized stablecoin USDB, backed by DAI, has temporarily lost its peg to the U.S. dollar, dropping 6% in value. USDB,…
Tether CEO warns MiCA stablecoin rules could pose ‘systemic risks’ to EU banks
Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves requirements, could…
Ethena rises 11% following $34m proposal from BlackRock’s BUIDL distributor
Ethena gained bullish momentum after Securitize, the distributor of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), proposed a significant investment.…
Russia’s central bank might legalize stablecoins for trades with China: report
The Bank of Russia is considering approving stablecoins for cross-border trades, as local businesses explore alternative methods to conduct trade…
Polymarket: Ethena’s USDe stablecoin will not lose its peg in 2024
Ethena’s (ENA) price has crashed by 61% from its all-time high and is nearing its record low as concerns about…
Stablecoin USDT more popular than Bitcoin in Latin America, Kaiko says
Over 40% of all crypto trades in Latin America involve the USDT stablecoin, signaling a waning interest in Bitcoin, which…