Agora, Galaxy complete AUSD stablecoin’s first live transaction
Agora’s AUSD is the latest entrant into the burgeoning stablecoin market. Go to Source
Stablecoin
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Ripple partners with Chainlink to boost RLUSD stablecoin in DeFi markets
Ripple’s RLUSD stablecoin gets a boost as Chainlink’s price feeds enable secure, real-time DeFi transactions on Ethereum and the XRP Ledger. Go to Source
Tether USDT’s market cap drop linked to ‘seasonal holiday lull’
Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport. Go to Source
USDC market cap is up 80% from 2023 lows
The stablecoin is also more widely distributed across blockchain networks. Go to Source
Solana adds $1B worth of stablecoins in December
The network now holds approximately $5 billion worth of stablecoins, mostly made up of USDC. Go to Source
Tether shifts $780M in Bitcoin to reserve — its biggest move in 9 months
Stablecoin issuer Tether moved over 8,400 Bitcoin to its reserve in its biggest move since March. Go to Source
EU silence does not make USDT MiCA-compliant, says exec
While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline. Go to Source
Brazil’s self-custodial stablecoin ban to catalyze decentralization
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable. Go to Source
Stablecoin Adoption Surges In Emerging Markets, TRON Leads The Way
In 2024, the adoption of stablecoins experienced rapid growth in regions such as Latin America, Sub-Saharan Africa, and Eastern Asia. These areas, often characterized by limited access to stable currencies, have increasingly turned to stablecoins as a practical alternative to volatile assets like Bitcoin. Among the various stablecoins, USDT on TRON has gained significant traction … Read more
Ripple’s Stablecoin Hits Singapore – Regulated Exchange Brings RLUSD to Transform Markets
Ripple’s USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR), a licensed crypto exchange in Singapore, announced on Tuesday the launch of Ripple USD (RLUSD), Ripple’s new USD-backed stablecoin, on its platform. This … Read more