The developers of USDh, a stablecoin built on Bitcoin layer 2 Stacks, have completed a deal to bring around $3 million in liquidity to the token. Decentralized finance (DeFi) protocol Hermetica ...

Stablecoin design takes many different forms, each with its own tradeoffs: Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or ...

With a focus on crypto adoption and the company's ambitions for 2025, the discussion highlighted PayPal's journey from enabling crypto purchases to launching PYUSD, its fiat-backed stablecoin ...

Exchanges are required to follow the European Unions bespoke rules for crypto assets known as MiCA that require stablecoin ...

For example, a U.S. dollar stablecoin is designed to maintain a value of $1. Since most cryptocurrencies are highly volatile, stablecoins are an alternative for those who want a digital currency ...

Stablecoin company Circle Internet Group has bought Hashnote, the operator of a blockchain-based money-market fund with nearly $1.3 billion in assets. Circle said it will integrate Hashnote's fund ...

Circle Internet Group Inc., the issuer of the $48 billion USD Coin stablecoin, today announced the acquisition of Hashnote Management LLC, a company that provides a tokenized money market fund ...

Coinbase Global would remove stablecoin tether from its U.S. cryptocurrency trading platform if required by new legislation, CEO Brian Armstrong said in an interview at the Journal House in Davos ...

Solana (SOL), the layer-1 blockchain designed for high-speed and low-cost transactions, has been at the center of a trading frenzy with Donald Trump's memecoin driving stablecoin supply on the ...

XRP is soaring after its creator, Ripple, announced that its planned and unrelated RLUSD stablecoin has finally received regulatory approval and is preparing to launch “soon.” XRP is up 11% in ...

As explained in a blog post by Nubank, USDC is a stablecoin backed by the US dollar, supported by “highly liquid assets, and can be redeemed at a 1:1 ratio for US dollars.” The reserves are ...