Ripple to Roll Out RLUSD Stablecoin on Dec. 17, Adds Former Central Bankers to Advisory Board
The stablecoin will become broadly available to crypto users on the XRP Ledger and Ethereum networks beginning on Tuesday.
Stablecoin
Circle Claims Bragging Rights of USDC Becoming First Regulated Stablecoin in Canada
Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.
Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms
Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now.
Instead, the company will focus on backing new stablecoin ventures such as its recent investment in Quantoz and its tokenization platform Hadron.
Payments Giant Stripe Brings Crypto Services to Aptos as Circle’s USDC Stablecoin Launch on the Network
The integrations aim to boost global payments and decentralized finance on the Aptos network.
Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins
The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year.
Tether Unveils New Platform to Simplify Asset Tokenization for Businesses, Nation-States
The tokenization platform is part of Tether’s ambition to diversify its business from issuing the $126 billion USDT stablecoin.
SocGen Crypto Arm to Bring Its Euro Stablecoin to XRP Ledger, Lays Out Plan for Going Multichain
The French financial services firm said earlier this year it will also expand EURCV to the Solana network after struggling to attract users on Ethereum.
Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial
The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong.
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.
Solana-Based RWA Platform AgriDex Taps Stripe’s Bridge to Lower Cost for Agricultural Trade Settlements
AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.