Stablecoins will see explosive growth in 2025 as world embraces asset class
Stablecoins will see a bright future in 2025, with massive growth and mass adoption supercharging the asset class. Go to Source
Stablecoins
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Ether and Solana Grow in Brazilian Markets
According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether’s utilization increased significantly, having registered 950,000 transactions moving over $165 million – a relevant increase compared to last year’s October numbers, when it scored 600,000 transactions and transferred nearly $40 million. Solana also exploded, … Read more
Ethena’s USDe beats DAI to become 3rd-largest stablecoin
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields. Go to Source
Circle, Binance join forces for global stablecoin expansion
Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships. Go to Source
Stablecoins Break $200B Mark as Ethena’s Yield-Bearing USDE Supply Soars 89%
The stablecoin market has crossed an impressive $200 billion in value, with the top three fiat-pegged tokens experiencing notable growth over the past month. Ethena’s USDE has taken center stage, climbing over 89% since Nov. 9. USDE Supply Soars, USD0 Issuance Climbs a Staggering 91% As of Monday, Dec. 9, stablecoin data from coingecko.com and … Read more
Over 400 million crypto wallets have a non-zero balance — Chainalysis
According to Chainalysis, real-world tokenized assets and investment vehicles continue to be major drivers of crypto adoption. Go to Source
Australian Regulator Seeks Public Input on Crypto-Asset Regulations
The Australian Securities and Investments Commission (ASIC) is seeking public input on various issues, including the application of existing regulations to digital assets. A Well-Regulated Financial System for All The ASIC has released a consultation paper proposing updates to Information Sheet (INFO) 225 on crypto-assets. The regulator said the evolving digital asset market necessitates updating … Read more
Ripple’s Stablecoin Near Launch: Final Regulatory Nod Expected Soon
Ripple is preparing to launch its stablecoin, RLUSD, pending final regulatory approval. The company clarified: “We’re in lockstep with the NYDFS on final approval.” Ripple Prepares for Stablecoin Takeoff Ripple has clarified that its RLUSD stablecoin is awaiting final approval from the New York State Department of Financial Services (NYDFS), a necessary step before its … Read more
Brazil Groups Stablecoins With Foreign Currency in New Regulatory Draft
The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require exchanges dealing in stablecoins to obtain two different operating licenses: one as a … Read more
New York regulator set to approve Ripple’s RLUSD stablecoin: Report
According to data from CoinGecko, the total stablecoin market capitalization is over $196 billion as of Nov. 29. Go to Source