Cryptelio

Stablecoins

Stablecoins · 6 hours ago Binance Invests $100 Million in Circle to Strengthen USDC Partnership Binance has invested $100 million in Circle, acquiring shares to enhance their USDC collaboration, aiming to boost adoption in emerging markets. Stablecoins · 12 hours ago SoFi Partners with Mastercard for Stablecoin Settlements on $25 Billion Card Program SoFi Bank has initiated stablecoin settlements for its $25 billion card program using SoFiUSD, in collaboration with Mastercard, marking a significant step in integrating regulated stablecoins into payment systems. Stablecoins · 13 hours ago European Central Bank Proposes Elimination of MiCA's Stablecoin Reserve Requirement The European Central Bank has recommended scrapping the mandatory reserve requirement for stablecoin issuers under the MiCA regulation, arguing it creates instability in the banking sector. Stablecoins · 14 hours ago Binance Invests $100 Million in Circle to Expand USDC Partnership Circle Internet Group has secured a $100 million investment from Binance through a private placement of Class A shares, enhancing their partnership around the USDC stablecoin. Stablecoins · 21 hours ago Tools for Humanity Launches World Money App with Stablecoin and Stripe Integration Tools for Humanity has introduced the World Money app, a self-custodial wallet that integrates stablecoins with Stripe for fiat transactions, expanding its services beyond identity verification. Stablecoins · 1 day ago Solana Dominates DEX Volume with $20B as DeFi Activity Surges Solana has emerged as the leading blockchain for decentralized exchange (DEX) volume, processing over $20 billion in September, significantly outpacing competitors. Stablecoins · 1 day ago Circle Launches Digital Asset-Backed Borrowing for Institutions Using Bitcoin Circle has introduced a Digital Asset-Backed Borrowing feature on its Circle Mint platform, allowing institutions to borrow USDC against Bitcoin without selling their BTC. This innovation aims to enhance liquidity for institutional Bitcoin holders wh Stablecoins · 1 day ago USDT on TRON Surpasses Bitcoin as Top Onchain Payment Method on CoinsBee USDT (TRC-20) on the TRON network has become the leading onchain payment option on CoinsBee, significantly outpacing Bitcoin and Ethereum in usage over the past 90 days. Stablecoins · 1 day ago Pendle Launches NGI+ Market for Trading Fixed and Variable Yields Pendle has introduced the NGI+ market, allowing DeFi users to trade fixed and variable yields on tokenized private infrastructure assets, with an initial yield of around 19%. Stablecoins · 1 day ago WisdomTree Partners with MoonPay to Enhance Access to Tokenized Funds in the US WisdomTree has integrated MoonPay into its tokenized fund platform, expanding access for retail users to blockchain-based investment products, including the WTGXX tokenized money market fund. Stablecoins · 2 days ago Aptos Develops AI Agent Infrastructure for GPU Rentals and Stablecoin Payments Aptos is creating a specialized infrastructure for AI agents to rent GPU resources and process payments in USDC, utilizing its x402 payment protocol. Stablecoins · 3 days ago Aave Proposes Institutional Custodied Bitcoin Lending Model in V4 Aave Labs has introduced a proposal for a new V4 lending model that allows institutions to use Bitcoin held in custody without moving it on-chain, utilizing Anchorage Digital Bank. Stablecoins · 3 days ago Former Hong Kong Banker Sentenced to Four Years for Accepting Crypto Bribes Lam Chun-yin, a former banker at China Construction Bank, has been sentenced to four years in prison for accepting over $470,000 in Tether bribes to authenticate forged financial documents valued at over $1.6 billion. Stablecoins · 3 days ago Circle's Arc Blockchain Sees Rapid Adoption with $649M in Initial USDC Deployments Circle's newly launched Arc blockchain has quickly gained traction, deploying $649 million in USDC and integrating major financial institutions within its first week. Stablecoins · 4 days ago SBI Holdings and Kyobo Life Test Cross-Border Stablecoin Transactions SBI Holdings and Kyobo Life Insurance have successfully completed a pilot program for cross-border stablecoin transfers between Japan and South Korea, aiming to enhance institutional transaction efficiency. Stablecoins · 4 days ago SALT Lending's Hunter Albright Discusses Future of Bitcoin Lending Hunter Albright, CRO of SALT Lending, predicts a rise in Bitcoin-backed lending as holders seek liquidity without selling their assets. This shift could redefine the relationship between Bitcoin and stablecoins over the next few years. Stablecoins · 4 days ago Major Banks Form Coalition to Launch Stablecoin by 2027 A coalition of 21 financial institutions, including Bank of America and Goldman Sachs, is set to launch a stablecoin by 2027, marking a significant shift in the banking sector's approach to digital currencies. Stablecoins · 5 days ago Coinbase Ventures Invests in Stablecore to Enhance Digital Asset Services for Community Banks Stablecore has secured $20 million in funding, led by Coinbase Ventures, to integrate digital asset services into community banks and credit unions, enhancing their competitive edge. Stablecoins · 5 days ago Chainalysis Reports Surge in Onchain Malware Tied to State-Sponsored Hackers A recent Chainalysis report reveals a dramatic increase in onchain malware linked to state-sponsored hackers, particularly from North Korea and Iran, utilizing public blockchains for malicious activities. Stablecoins · 5 days ago Circle Launches Arc Mainnet to Enhance USDC Utility in Financial Transactions Circle has launched its Arc mainnet, a Layer-1 blockchain designed for financial markets, enabling USDC to be used for both payments and transaction fees, potentially increasing its demand.