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Tag: Stablecoin

Readers Dessert April 2, 2025
  • Bitcoin

FDUSD Depegs After Justin Sun Alleges First Digital Is ‘Insolvent’ Amid $456M Dispute

Readers Dessert April 2, 2025
First Digital’s stablecoin, FDUSD, slipped almost 10% today, falling below its intended peg after news broke of a lawsuit targeting the company’s CEO. Adding fuel to the fire, Tron founder Justin Sun…
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Readers Dessert March 6, 2025
  • Bitcoin

Yield-Bearing Stablecoin Pools: The New Frontier of Passive Income in DeFi

Readers Dessert March 6, 2025
Similar to the practice of staking digital assets, yield-generating stablecoins and pools have garnered significant traction as a sophisticated mechanism for accumulating cryptocurrency holdings and generating passive income through prolonged holding periods.…
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Readers Dessert February 20, 2025
  • Bitcoin

Hong Kong Powerhouses Unite: Standard Chartered, Animoca Brands, HKT to Pursue Stablecoin License

Readers Dessert February 20, 2025
Standard Chartered Bank, Animoca Brands, and HKT have formed a joint venture to pursue a stablecoin issuing license from the Hong Kong Monetary Authority. ‘Digital Assets Here to Stay’ Standard Chartered Bank…
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Readers Dessert February 11, 2025
  • Bitcoin

Stablecoin Supply Jumps by $17B Since Beginning of 2025

Readers Dessert February 11, 2025
Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two…
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Readers Dessert January 24, 2025
  • Bitcoin

Avant Launches Defi-Native Stablecoin Pair on Avalanche

Readers Dessert January 24, 2025
The tokens use sophisticated delta hedging market strategies to generate double-digit yields for investors. Yield-Focused Stablecoins Debut on Avalanche Defi platform Avant launched its yield-focused stablecoin pair AVUSD and SAVUSD on the…
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Readers Dessert January 23, 2025
  • Bitcoin

Taiwan to Unveil Draft Bill Allowing Banks to Issue Stablecoins

Readers Dessert January 23, 2025
The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins. Joint Management of Stablecoins The…
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Readers Dessert January 22, 2025
  • Bitcoin

Stablecoin Market Cap Hits Historic High of $213 Billion

Readers Dessert January 22, 2025
The growing popularity of stablecoins has seen the market cap hit a new high with USDT continuing to dominate the stablecoin market. New Market Cap High for Stablecoins The overall market capitalization…
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Readers Dessert January 12, 2025
  • Bitcoin

Usual Money’s Protocol Changes Shake Staked USD0 and Governance Token Values

Readers Dessert January 12, 2025
The stablecoin usual usd (USD0) has experienced a $340 million contraction in its supply over the past four days. This decrease coincides with an 8% decline in the value of the project’s…
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Readers Dessert December 26, 2024
  • Bitcoin

Ripple’s Stablecoin Hits Singapore – Regulated Exchange Brings RLUSD to Transform Markets

Readers Dessert December 26, 2024
Ripple’s USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR),…
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Readers Dessert December 8, 2024
  • Bitcoin

Countdown to Ripple’s Stablecoin: The Fight to Meet Year-End Expectations

Readers Dessert December 8, 2024
Ripple is racing to launch its highly anticipated U.S. dollar-pegged stablecoin by year’s end, poised to revolutionize digital payments across XRP and Ethereum networks. Ripple’s Stablecoin Race: Will It Beat the Holiday…
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