Stablecoins
PayPal Expands PYUSD Stablecoin to Stellar and Eight More Blockchains
Quick Breakdown PayPal expands PYUSD to Stellar and eight new blockchains, introducing a permissionless version (PYUSD0) via LayerZero. Stellar integration...
ASIC Grants Groundbreaking Exemption for Stablecoin Intermediaries in Australia
Quick Breakdown ASIC allows intermediaries to distribute licensed stablecoins without holding separate financial licenses. Catena Digital’s AUDM stablecoin is the...
Ondo Finance Brings Yield-Bearing Stablecoin USDY to Stellar Network
Quick Breakdown First-of-its-kind: USDY is the first yield-bearing stablecoin launched on Stellar. Backed by Treasuries: Returns come from U.S. Treasuries...
BDACS Launches Proof-of-Concept for Korean Won Stablecoin KRW1
Quick Breakdown: BDACS launched KRW1 as South Korea’s first proof-of-concept won stablecoin, fully backed 1:1 by Woori Bank reserves. The...
DBS, Franklin Templeton and Ripple Partner to Launch Tokenized Trading and Lending on XRP Ledger
Quick Breakdown DBS, Franklin Templeton and Ripple partner to launch tokenized trading and lending on the XRP Ledger. sgBENJI and...
Algorithmic vs. Collateralized Stablecoins: Key Differences, Mechanisms, and Risks Explained
In crypto, stablecoins are the closest thing to \"safe\", or so we like to believe. Designed to hold steady amid...
WEMADE Unveils KRW Stablecoin Mainnet ‘STABLE ONE’ to Drive Global K-Finance Vision
Quick Breakdown: WEMADE unveils STABLE ONE, a KRW stablecoin mainnet targeting global adoption. Open-source release set for October, with testnet...
KOSCOM Files Stablecoin Trademarks as South Korea Prepares Regulatory Shift
Quick Breakdown: KOSCOM filed trademarks for multiple Korean won-denominated stablecoins, signalling plans to lead in South Korea’s digital asset market....
Bitwise Files for ETF Targeting Stablecoin and Tokenization Market
Quick Breakdown Bitwise filed with the SEC to launch a Stablecoin & Tokenization ETF, equally weighted between equities and crypto...
KernelDAO Launches Reward-Bearing Stablecoin KUSD, Linking DeFi Liquidity to Real-World Credit
Quick breakdown KernelDAO introduces KUSD, a stablecoin backed by institutional receivables like remittances and payroll. Unlike traditional stablecoins, KUSD generates...
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