You will be able to trade the newly launched stablecoin, Eurite (EURI), on Binance starting August 28, 2024. According to the announcement published today, Monday, August 26, the crypto exchange will open spot trading pairs EUR/EURI and EURI/USDT on...
Russia is reportedly preparing to launch two new cryptocurrency exchanges, one in St. Petersburg and the other in Moscow, with a focus on stablecoin development. According to Kommersant, the St. Petersburg exchange may leverage the infrastructure of the St....
At the Nashville Bitcoin 2024 conference, Senator Cynthia Lummis (R-Wyo.) unveiled a "revolutionary proposal" for the U.S. government to start investing in Bitcoin. Her idea is to add Bitcoin to the nation's strategic reserve assets as a tool to...
The biggest stablecoin issuer Tether has announced plans to launch a new stablecoin tied to the United Arab Emirates’s dirham (AED). In a press release, on August 21, Tether announced that this new stablecoin will be launched in partnership...
The U.S. government, already one of the largest Bitcoin holders globally with over 200,000 coins, may soon significantly increase its holdings. A new bill introduced by Senator Cynthia Lummis (R-Wyo.) proposes creating a strategic Bitcoin reserve to reinforce the...
Tether Operations Limited has announced it will launch its U.S. dollar-pegged stablecoin, USDT, on the Aptos blockchain. According to a recent press release from the company, the move is part of Tether's ongoing strategy to expand its stabelcoin accessibility...
ETF issuer Defiance has launched MSTX, the first single-stock long-leveraged ETF for MicroStrategy, according to a press release issued on Thursday, August 15. This innovative financial product aims to provide 175% long daily targeted exposure to the investment firm,...
USDC issuer, Circle, is getting ready to introduce tap-and-go payments on iPhones, CEO Jeremy Allaire hinted in a recent post on X. Tap to pay using USDC on iPhones incoming soon. Wallet devs, start your engines. https://t.co/D6lsj4saMS — Jeremy...
The United Kingdom neobank Xapo Bank recently added a new financial product to its lineup: Interest-Bearing Bitcoin Accounts (IBBAs). These accounts offer up to 1% annual interest rate on Bitcoin holdings without requiring users to stake, lend, or lock...
Market analyst Markus Thielen of 10x Research has highlighted a significant uptick in stablecoin issuance that could signal the next major Bitcoin rally. In the latest report published by the investment research firm, Thielen pointed out that the two...
