Stablecoins maintains a commanding presence in the digital finance ecosystem. With a combined market cap exceeding $190 billion, they serve as a cornerstone of liquidity and utility across DeFi platforms, trading ecosystems, and payment networks. They are quickly becoming...
South Korea’s Financial Services Commission (FSC) is taking a cautious stance on digital assets amid growing calls to establish a national Bitcoin reserve. Speaking to Newsprime on November 24, FSC Chairman Kim Byung-hwan described the idea of a Bitcoin...
Bitcoin has solidified its position as the ultimate "store of value" in the crypto world. Yet, its role in the DeFi space has been limited and overshadowed by blockchains like Ethereum, whose advanced smart contract capabilities make it the...
The Euro Coin (EURC) was Circle's attempt to create a replica of its successful USDC stablecoin for another major currency, the Euro. It launched it on major centralized exchanges on July 6, 2022, as a new ERC-20 stablecoin backed...
India's central bank is adopting a cautious stance on the rollout of its central bank digital currency, emphasising the importance of thoroughly assessing its potential effects before broadening its implementation. Speaking at a conference in Cebu, Philippines, Deputy Governor...
Binance has clarified that its new high-yield asset, BFUSD, is not a stablecoin and has yet to be launched. BFUSD is not yet launched. To be clear, it is not a stablecoin but a reward-bearing margin asset for futures...
Dutch payment technology firm Quantoz Payments has announced the launch of two new stablecoins, EURQ and USDQ, set to go live in Europe on November 21. According to a November 18 press release, EURQ and USDQ are fully backed...
Metaplanet has announced a ¥1.75 billion (approximately $11.7 million) ordinary bond issuance to bolster its Bitcoin acquisition strategy. The company revealed the move on November 18, highlighting its ongoing commitment to integrating cryptocurrency into its broader investment portfolio. These...
MicroStrategy CEO Michael Saylor has predicted that Bitcoin will reach $100,000 by the end of 2024. In a November 14 interview with CNBC, Saylor shared his optimism, announcing plans for a "New Year's Eve" celebration to mark Bitcoin's potential...
The global stablecoin market is dominated by two products, USDC and USDT, despite their many flaws and equally many attempts to capture their market share. Stablecoin issuer Paxos has introduced yet another offering, but this time with bigger promises...
