Egorov explained that centralized stablecoins are backed by real-world assets, such as cash reserves and U.S. Treasury bills, which are held in traditional financial institutions. While this backing offers stability,…
Ethena launched USDtb in partnership with Securitize, serving as a traditional stablecoin with a distinct risk profile compared to its derivative-based USDe token. Ethena’s Risk Committee approved USDtb as a…
by Jude Ayua
Remote, a leading global human resources platform and payroll provider, has partnered with Stripe to facilitate stablecoin payments for international contract workers. Remote announced the partnership on 17…
by Jude Ayua
Coinbase has delisted Tether (USDT) and five other stablecoins in Europe, following its final announcement that these stablecoins would be deleted by 13 December 2024. This is because…
$RLUSD is a 1:1 US dollar-backed stablecoin. Like Tether’s USDT, US dollar deposits, short-term US government treasuries, and related cash equivalents, will be $RLUSD’s backing structure. $RLUSD aims to penetrate…
Announced at the 2024 Abu Dhabi Finance Week, the strategic partnership is also aimed at supporting the advancement of the global digital assets and broader financial services ecosystem. The collaboration…
RLUSD’s approval will enable Ripple to launch its into New York’s tightly regulated crypto market fully, positioning it as a competitor to prominent stablecoin issuers like Circle, Paxos, and Gemini.…
Meanwhile, the United Kingdom government is proposing a regulatory framework for stablecoins by December 2024. On 6 November, the Bank of England (BOE) published a discussion paper which set out…
October is historically a strong month for bitcoin, with the crypto community anticipating an “Uptober” rally. Tether’s supply surge may act as a catalyst.
According to Prof. Ndubuisi Ekekwe, founder of Tekedia, stablecoins’ popularity surge is driven by the desire for predictability in value and could potentially challenge bitcoin’s (BTC) long-term viability as the…