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...
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...
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...
Binance has announced that it will be the first exchange to launch the new stablecoin USUAL via its pre-market launch platform, Binance Launchpool. The crypto exchange stated that the token's dedicated page will go live 12 hours prior to...
Worldwide Stablecoin Payment Network (WSPN) has announced a strategic partnership with Viction, a global Layer-1 blockchain project, and crypto exchange Ninety-Eight (formerly known as Coin98), to drive the adoption of its Worldwide USD (WUSD) stablecoin, particularly in emerging markets....
A consortium of cryptocurrency and traditional finance companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, has been established to back the latter's newest stablecoin offering, the Global Dollar (USDG). According to a statement released on November 5 by Paxos,...
Stablecoins have rapidly become a fundamental part of Africa’s cryptocurrency landscape, accounting for 43% of the region’s total transaction volume, according to a report by Chainalysis. Dollar-pegged Tether (USDT) and USD Coin (USDC) are the most popular on the...
Over the past three years, East Asia has strengthened its role as a major hub in the global crypto and stablecoin market. The region is home to five of the world's top 50 crypto adopters—South Korea, China, Japan, Hong...
Ripple has officially announced its exchange partners for the launch of its new dollar-backed stablecoin, Ripple USD (RLUSD). Among the platforms supporting the stablecoin are notable cryptocurrency exchanges and services such as Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA,...
