Opera Mini’s crypto wallet MiniPay now offers USDT and USDC
Since launching in September 2023, Opera Mini’s MiniPay app has amassed 3 million users. Go to Source
Stablecoin
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Aave protocol’s GHO stablecoin now live on Arbitrum
The deployment of the GHO stablecoin on the Ethereum layer-2 network will leverage Chainlink’s CCIP interoperability protocol. Go to Source
Aave DAO Launches GHO Stablecoin on Arbitrum Network
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched GHO on Arbitrum, utilizing the Chainlink Cross-Chain Interoperability Protocol (CCIP). Aave DAO … Read more
Paxos gains approval for Singapore stablecoin launch with DBS partnership
Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch. Go to Source
Circle becomes first licensed stablecoin issuer under MiCA
Circle’s USDC and EURC stablecoins become the first fully compliant digital fiat tokens under the Markets in Crypto-Assets rules. Go to Source
Philippines adopts Tether’s USDT for social security payments
The Social Security System is a state-run social insurance program that serves employees in the official, informal and private sectors. Go to Source
Curve Finance adopts crvUSD for fee distribution
Curve Finance shifts from 3crv to crvUSD for fee distribution, enhancing the stablecoin’s utility and ecosystem integration. Go to Source
Solana’s Stablecoin Transfer Volume Drops Drastically Amid Scrutiny
According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about the legitimacy of Solana’s previous stablecoin transfer volumes, indicating that the metrics were highly overstated. Stablecoin Metrics Reveal … Read more
Tether halts USDT minting on EOS and Algorand
Tether discontinues support for the EOS and Algorand implementations of its flagship stablecoin USDT. Go to Source
What is Tether’s gold-backed stablecoin, ‘Alloy’ (aUSD₮)?
Alloy by Tether introduces a new class of digital assets called tethered assets, designed to track the price of various assets using robust stabilization mechanisms. Go to Source