Tether Invests in Zengo Wallet to Strengthen Global Stablecoin Adoption
TL;DR Tether strategically invests in Zengo Wallet, a self-custodial wallet known for its security and ease of use, with the goal of promoting secure custody...
Tag : stablecoin
Ripple’s RLUSD Stablecoin Secures Listings on Revolut and Zero Hash
TL;DR Ripple has partnered with Revolut and Zero Hash to enhance the accessibility of its fiat-backed stablecoin, RLUSD, and challenge the dominance of USDT and...
Tether Presents its 2024 Financial Report
TL;DR Tether reported a net profit exceeding $13 billion in 2024, consolidating its financial strength and gaining trust among users and investors. The issuance of...
Stablecoin Issuers Command 40% of December’s On-Chain Revenue
TL;DR Stablecoin issuers accounted for over 40% of on-chain revenue in December 2024, generating more than $664 million out of the $1.5 billion total. Tether...
Solana’s Stablecoin Growth Soars: A $424.87 Million Weekly Boost
TL;DR Solana’s stablecoin market cap surged above $5 billion, with a $424.87 million weekly boost. The network’s Total Value Locked (TVL) surpassed $55 billion, reflecting...
RLUSD Sees Massive Transfers as Ripple’s New Stablecoin Gains Traction
TL;DR Ripple transferred nearly 10 million RLUSD stablecoins within an hour, following the recent launch of RLUSD, highlighting the growing interest and potential impact of...
Ethena Labs’ USDtb Stablecoin Launches to Strong Market Reception
TL;DR Ethena Labs launched its BlackRock-backed stablecoin, USDtb, on December 16, 2024, amassing $65.4 million in TVL within the first 24 hours. USDtb is designed...
Ripple Mints 13 Million RLUSD Stablecoin Across XRP and Ethereum Networks
TL;DR Ripple has minted 13 million RLUSD stablecoins across the XRP Ledger and Ethereum networks, following NYDFS approval, positioning RLUSD as a fully regulated stablecoin...
Circle Rolls Out CCTP V2: A Game-Changer for Cross-Chain USDC Transfers
TL;DR Circle has launched CCTP V2, an upgraded Cross-Chain Transfer Protocol, to address liquidity fragmentation and improve user experiences, making USDC transfers faster and more...
Tether Treasury Mints Another 2 Billion USDT on Ethereum Network
TL;DR Tether’s Treasury minted an additional 2 billion USDT on the Ethereum network to replenish inventory and boost liquidity, confirmed by CEO Paolo Ardoino. The...