In brief
Dubai approved RLUSD for use in Dubai International Financial Centre, the third stablecoin to gain regulatory approval there.
RLUSD is the 20th-largest stablecoin with $333.6M market cap and $10B trading…
The company behind the second-largest USD-pegged stablecoin by market cap is naming its price for its upcoming US initial public offering (IPO).
According to a Reuters report, USDC-issuer Circle says it…
The U.S. Senate may be fast approaching a final vote on regulating stablecoins, which would be a high-water mark for crypto legislation in Congress, but Representative French Hill said the…
The latest CryptoQuant data shows Binance holding the largest stash of stablecoins among major exchanges, giving it an edge in overall liquidity.
Binance holds 59% of all stablecoin reserves, with $31B…
BCP Technologies, a cryptocurrency company registered in the UK, is claiming bragging rights for issuing the first stablecoin denominated in British pound sterling, Tokenised GBP (tGBP), under the UK’s regulatory…
Key Points:Binance holds $31 billion in stablecoins, leading exchanges with 59% share.Coinbase tops total reserves with $129 billion across major cryptocurrencies.Institutional investors drive liquidity surge, boosting market optimism.
Binance, led by…
The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has approved Ripple’s RLUSD stablecoin. Following the approval, DIFC companies can now use…
BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin following a 14-month review in the Financial Conduct Authority’s (FCA) regulatory sandbox.The company announced the rollout…
Key Takeaways:The GENIUS Act is advancing to the Senate floor to establish stablecoin oversight rules.
Crypto groups urge lawmakers to keep the bill focused, as unrelated amendments threaten delays.
Citigroup forecasts the…
The issuer of the USDT stablecoin, Tether, has partnered with The Open Network (TON) blockchain to launch the gold-backed XAUt0 stablecoin, a derivative token backed by Tether Gold (XAUt). This…