Key facts: BUIDL is the largest tokenized US Treasury bond fund. Ethena already issues another stablecoin, USDe. Ethena, a company known in the cryptocurrency ecosystem for its stablecoin USDe, has announced the launch of a new stablecoin, UStb, in collaboration with Securitize, a real-world asset tokenization platform. This new stablecoin will be supported by BlackRock’s … Read more
On Tuesday, September 24, French bank Société Générale, through its cryptocurrency arm, SG Forge, signed an agreement with Bitpanda, an Austrian cryptocurrency trading platform, to launch the EUR CoinVertible stablecoin. This stablecoin, managed by the French entity, will comply with the European Union’s MiCA regulations, making it the first regulated stablecoin of its kind in … Read more
With the goal of transforming the financial landscape, a group of Harvard students and alumni have launched the New Bretton Woods Project (NBW), a blockchain-based initiative that includes bitcoin (BTC) as a way to provide solutions to the global economic crisis. The project will begin to be launched in the coming weeks at the Harvard … Read more
Key facts: According to the company, they are “quite advanced” in creating the stable cryptocurrency. They want to take a compliance-first approach to become a “safe harbor.” Revolut, the $45 billion London-based fintech, is in the final stages of developing its own stablecoin, according to sources close to the company. This decision aligns with Revolut’s … Read more
The BNB Chain is taking unusual steps to become the “central infrastructure” for stablecoins. One of several is that through MegaFuel, powered by the company Nodereal, it will cover gas fees for users of centralized exchanges, wallets and web3 applications that use stablecoins such as USDT, USDC and FDUSD. This announcement coincides with the opening … Read more
Key facts: USDS will be backed by US Treasury bills, overnight repos and cash. BitGo’s stablecoin will be the “first open-source stablecoin,” according to the platform. One of the leading custodians of bitcoin (BTC) and cryptocurrencies, BitGo, announced the launch of USDS (USD Standard), a stablecoin that promises rewards to institutions that provide liquidity. This … Read more
Circle announced today that its stablecoin, USD Coin (USDC), is now available in Brazil and Mexico through the national real-time payment systems, PIX and SPEI, respectively. This integration allows direct access to USDC using local currency, reals in Brazil and pesos in Mexico, without the need to first convert to US dollars. According to the … Read more
Key facts: The e-commerce giant hopes to offer its cryptocurrencies in all the countries where it operates. “We need the regulation to change,” said a MercadoPago executive about Argentina. Almost a month after Mercado Libre, the multinational e-commerce company, launched its own stablecoin called Meli Dólar in Brazil, the company is preparing to offer it … Read more
Key facts: The USDC Bridge token is compatible with the Ethereum Virtual Machine and is a proxy for native USDC. According to the companies, the association aims to promote “fast, secure and borderless” transactions. Tech giant Sony and USD Coin (USDC) issuing company Circle have partnered to integrate the stablecoin into the recently launched Soneium … Read more
The popularity of the TON blockchain (The Open Network) is growing. This can be explained in principle by the low transaction fees on this network. In this regard, another interesting fact is that the average transaction amount that users are making on TON does not exceed 100 dollars, which would reveal the increase in daily … Read more