Cryptelio

Stablecoins

Stablecoins · 2 weeks ago Visa and Credit Coop Launch Successful Onchain Lending Model with Zero Defaults Visa has partnered with Credit Coop to create an onchain lending model that has processed over $2.5 billion in settlements without any defaults since its launch in 2023. Stablecoins · 2 weeks ago Swiss Consortium Launches Testing Phase for CHF Stablecoin with SIX and TWINT Switzerland's CHF stablecoin sandbox has entered its testing phase, featuring major players like SIX and TWINT, aiming to explore automated transactions and programmable payments. Stablecoins · 2 weeks ago Tether's Alloy Gold-Backed Reserves Surpass $210 Million Tether's Alloy, a gold-backed synthetic dollar, has surpassed $210 million in reserves, indicating growing interest in gold-collateralized assets. Stablecoins · 2 weeks ago Circle Mints $3 Billion USDC on Solana, Highlighting Institutional Interest Circle has minted $3 billion worth of USDC on the Solana blockchain in a single day, marking a significant moment for stablecoin issuance on the platform. Stablecoins · 2 weeks ago Solana's Real-World Asset Ecosystem Surpasses $18.5 Billion with Diverse Offerings Solana's real-world asset ecosystem has expanded to over $18.5 billion, driven by stablecoins, tokenized funds, and equities, according to recent data. Stablecoins · 2 weeks ago Kyrgyzstan's Crypto Council Approves Regulatory Framework Amid Stablecoin Challenges Kyrgyzstan's National Council for the Development of Virtual Assets has approved a regulatory framework while addressing the liquidation of the KGST stablecoin issuer, OAJ 'ElPay'. Protocols · 2 weeks ago DeFi's 'Buy, Borrow, Die' Strategy Exposes Hidden Credit Risks A recent study highlights how the 'buy, borrow, die' tax strategy in DeFi creates significant credit risks within lending pools, as borrowers leverage their assets without selling. Stablecoins · 2 weeks ago Kazakhstan and Binance Forge Partnership to Enhance Crypto Adoption Kazakhstan's government and Binance have signed memoranda to advance digital payment frameworks and stablecoin issuance, signaling a commitment to becoming a regional digital asset hub. Policy · 2 weeks ago French Hill Advocates for Bipartisan Support on Clarity Act Ahead of September Vote U.S. Congressman French Hill emphasizes the need for bipartisan cooperation to advance the Clarity Act, which aims to establish a regulatory framework for the crypto market, ahead of a crucial vote scheduled for September 15. Stablecoins · 2 weeks ago Surge in USDT Transfers Driven by Polygon and Arbitrum, Aave V3 Dominates DeFi Deposits USDT transfers have surged by 438% over three years, primarily due to Polygon and Arbitrum. Aave V3 now holds 79% of USDT0 deposits in decentralized finance, highlighting its dominance. Protocols · 2 weeks ago Morpho Surpasses $14 Billion in Total Deposits, Launches Fixed-Rate Lending Morpho, a decentralized lending protocol, has reached a significant milestone of over $14 billion in total deposits, driven by new features and integrations. Stablecoins · 2 weeks ago SoFi Partners with Kraken to Enhance Crypto and Banking Services SoFi and Payward, the parent company of Kraken, have formed a strategic partnership to integrate banking and crypto services, enhancing real-time USD settlements and listing SoFi's stablecoin on Kraken. Stablecoins · 2 weeks ago DWF Labs Secures VASP Approval from BVI Financial Services Commission DWF Labs has received regulatory approval as a Virtual Asset Service Provider from the British Virgin Islands Financial Services Commission, enhancing its global operations. Stablecoins · 2 weeks ago Colombian Fintech Plenti Secures $3 Million in Funding Led by Tether Plenti, a Colombian fintech, has raised $3 million in seed funding from Tether to expand its services in Latin America, targeting Peru and Bolivia next. Stablecoins · 2 weeks ago G20 Announces Plans for Unified Crypto and Stablecoin Regulatory Framework The G20 has committed to creating a cohesive regulatory framework for cryptocurrencies and stablecoins, aiming for enhanced international oversight. Stablecoins · 2 weeks ago TRON's H1 2026 Strategy Report Highlights Growth in DeFi and AI Amid Market Challenges TRON's H1 2026 report reveals a successful dual strategy focusing on DeFi and AI, achieving significant growth despite broader market stagnation. Stablecoins · 2 weeks ago Major Banks Unite to Launch US Dollar Stablecoin by 2027 Amidst Market Shift A consortium of 21 major banks, including Bank of America and Goldman Sachs, plans to introduce a US dollar-backed stablecoin by 2027 to compete with the growing influence of existing stablecoins and retain customer relationships. Stablecoins · 3 weeks ago US DOJ Seizes Over $560,000 in Cryptocurrency Linked to Hamas The US Department of Justice has disrupted Hamas's cryptocurrency fundraising efforts by seizing over $560,000 in digital assets and taking control of associated domains and servers. Layer-2 · 3 weeks ago Robinhood Chain Outperforms Major Blockchains in Daily Gas Fees Robinhood Chain has surpassed Solana, Base, and Ethereum in daily gas fee generation, driven by a surge in decentralized exchange activity and memecoin launches. Stablecoins · 3 weeks ago Banking Giants Form Consortium for USD Stablecoin Launch by 2027 A consortium of 21 major banks, including Bank of America and Goldman Sachs, plans to launch a USD-denominated stablecoin aimed at business payments by the first half of 2027.