Digital asset custodian BitGo is set to challenge the stablecoin market dominance of Tether's USDT and Circle's USDC with the launch of its new product: "The USD Standard (USDS) stablecoin," in January 2025. In a recent press release, BitGo...
Fireblocks, a digital asset management platform, and blockchain developer Chainlink Labs have announced a strategic partnership to build and offer banks and financial institutions a secure and compliant technology solution for issuing and transacting stablecoins globally. According to a...
The TON Foundation, the nonprofit backing the development of The Open Network (TON) blockchain, has unveiled a new partnership with Curve Finance, a leading DEX. The collaboration aims to launch a swap project that will improve user experience and...
Stablecoin issuer Circle has partnered with Sony Block Solutions Labs to introduce USDC to Soneium, the Japanese tech giant’s recently launched public Ethereum Layer 2 blockchain. The partnership, revealed on September 16, will see Soneium integrate Circle's Bridged USDC...
HTX (formerly Huobi) has announced that it will be removing several USDD trading pairs following recent concerns about the stablecoin's backing and significant collateral withdrawals by the TRON DAO Reserve. In a press release dated September 9, the crypto...
The Spanish multinational banking giant BBVA has begun offering Circle’s USDC stablecoin to its high-profile clients in its Swiss division. BBVA’s institutional and private banking clients in Switzerland can now manage USDC alongside their traditional investments on a single...
Ripple CEO Brad Garlinghouse has highlighted Japan as a critical market for the company's stablecoin plans, emphasizing the country's supportive regulatory environment. In a recent interview with Bloomberg, Garlinghouse emphasized the global potential for stablecoins and Ripple's ambitions to...
The Universal Digital Payments Network has announced that the Australian Digital Dollar (AUDD) is now integrated into its platform. In a blog post published on September 3, UDPN revealed that the AUDD would be added to its list of...
IDA, a Hong Kong-based digital asset firm, has secured $6 million in seed funding to develop its inaugural fiat-backed and regulated stablecoin, HKD. The investment round was led by CMCC Global’s Titan Fund and Hashed. In a press release...
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...
