Ethena’s ENA token rallies on USDe integration by Deribit
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval. Go to Source
Stablecoin
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Record $9.7B stablecoin inflows could drive Bitcoin to $100K
The record monthly stablecoin inflows could put Bitcoin’s price on track to top the record $100,000 mark. Go to Source
Yellow Card’s African Push: Coinbase-Backed Platform Wins South African License
Coinbase backed Yellow Card, a leading African crypto platform, has secured a crypto asset service provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa. The license allows Yellow Card, which is also licensed in Botswana, to expand its operations and cater to the growing demand for stablecoin-based services. This latest milestone … Read more
Sky, formerly Maker, launches USDS stablecoin on Solana
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers. Go to Source
Paxos acquires Membrane Finance for EU stablecoin expansion
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license. Go to Source
Bitfinex Securities debuts tokenized US T-bills under El Salvador laws
Bitfinex Securities’ initial offering targets to raise a minimum of $30 million to proceed with the issuance of the token that will be traded under the ticker USTBL. Go to Source
Mountain Protocol Brings Yield-Generating Stablecoin Products to El Dorado
Mountain Protocol, a yield-bearing stablecoin project, has partnered with the P2P exchange El Dorado to bring yield savings products to Latin American customers. Both organizations have teamed up to offer up to 4.5% APY for El Dorado Earn customers. The initiative receives USDT and automatically converts it to USDM, allowing users to benefit from the … Read more
Polygon’s AggLayer adopts Agora’s AUSD as native currency
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges. Go to Source
10 Months With Tether: USDT Supply Swells to $123 Billion, Leaving Rivals in the Shadows
It has been over ten months, and through 2024, tether (USDT), the leading stablecoin by market value, has expanded its supply by 34.27%. Tether’s USDT Expands by 34% in 2024 Over the past year, USDT’s supply climbed by 34.27%, rising from $91.73 billion to $123.17 billion. Tether, launched nine years and eight months ago with … Read more
Trump Declared 47th US President, JPMorgan CEO Claims World War III Has Begun, and More — Week in Review
Trump declared 47th US president, JPMorgan CEO claims World War III has begun, Global Dollar Network launches, and more in this Week in Review. Week in Review Donald Trump has been declared the 47th U.S. president. JPMorgan CEO Jamie Dimon warns that World War III may have started, citing unprecedented global risks. In fintech, a … Read more