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Stablecoin
Cap Raises $11M for Stablecoin Engine as Industry Heats Up
A recent $8 million funding round will be used to develop Cap’s stablecoin engine, which is slated to launch later this year.
Tether May Develop U.S.-Only Stablecoin Under New Regulations: FT
Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on.
Ripple Integrates RLUSD Stablecoin Into Cross-Border Payments System
Ripple USD's market cap reached $244 million since its December debut, growing 87% over the past month.
Japanese Banking Giant SMBC Explores Stablecoin Use With Ava Labs, Fireblocks
Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.
Stablecoin Giant Circle Files for IPO After $1.7B Stablecoin Reserve Windfall
If approved, the stock of the company will be trading on the New York Stock Exchange under the symbol "CRCL."
Tokenized Gold Hits Record $1.4B Market Cap as Trading Volumes Soar in March
The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.
NYSE-Parent ICE to Explore New Products With Circle's Stablecoin, Tokenized Fund
The two will explore potential applications of USDC and money market fund token USYC in derivatives exchanges, clearinghouses and other operations.
Wyoming State Gears Towards Launching a Stablecoin This Year
The token is currently being tested on multiple blockchains, aiming to launch in July, state officials said at the DC Blockchain Summit
Peter Thiel-Backed Plasma Unveils 'HotStuff-Inspired Consensus' For High-Frequency Global Stablecoin Transfers
Other key features of Plasma include custom gas tokens, zero-charge USDT transfers, and confidential transactions while ensuring compliance.
