Stablecoins

South Korea’s First Won-Pegged Stablecoin KRW1 Launches on Avalanche

South Korea's crypto custody service provider BDACS announced Thursday that it has launched KRW1, a stablecoin fully backed by the South…

6 months ago

PayPal’s PYUSD stablecoin Expands to Tron, Avalanche, Sei and Other Blockchains via LayerZero

PayPal’s stablecoin, PayPal USD  is expanding to several new blockchains including Tron, Avalanche and Sei through an integration with LayerZero’s…

6 months ago

UK Reform Party Opposes Bank of England’s Stablecoin Limits and CBDC Plans

The United Kingdom’s minority party Reform has formally rejected the Bank of England’s proposal to cap stablecoin holdings and its…

6 months ago

MoneyGram Launches Stablecoin-Powered Payments App

Global payments company MoneyGram has released a new mobile application that uses Circle’s USDC on the Stellar blockchain for cross-border…

6 months ago

Bitwise Files For Stablecoin and Tokenization ETF Targeting Thanksgiving Launch

Bitwise filed a prospectus on Sept. 16 for a stablecoin and tokenization exchange-traded fund (ETF) structured as a 40 Act fund, positioning…

6 months ago

Tether Eyes Gold Mining Investment to Boost Bullion Exposure

Tether, the company behind the world’s largest stablecoin USDT, has held talks to invest in the gold mining sector. With…

6 months ago

Tether Expands USDT to Bitcoin Blockchain Through RGB Protocol for Fast, Private Transactions

Stablecoin giant Tether is pushing further into the Bitcoin ecosystem, announcing on Thursday that it would make its USDT token available on the largest crypto network…

6 months ago

Aave Labs Launches Horizon Platform for RWA-Backed Stablecoins

Aave Labs, the creator of Aave protocol, has officially launched Horizon, a new institutional platform that lets companies borrow stablecoins…

6 months ago

Citigroup Exploring Stablecoin Custody

Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy…

7 months ago

Animoca Brands, Standard Chartered’s Joint Venture Initiates Stablecoin Licensing Process in Hong Kong

Web3 investment firm Animoca Brands has officially revealed that its Hong Kong joint venture with Standard Chartered and Hong Kong…

7 months ago