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Stablecoin

Expert Sees Main Reason Why Ripple Enters Stablecoin Market

Crypto author Panos Mekras recently suggested that part of Ripple’s entry into the stablecoin market may be to rival a significant share of the...

TrueUSD Stablecoin Struggles to Stay Stable, Slips to $0.984

Increased selling activity on Binance has pushed the TUSD stablecoin well below its pegged $1 value. TrueUSD, the stablecoin backed by controversial crypto entrepreneur Justin...

Palau Finance Ministry and Ripple Share Results of Palau Stablecoin Pilot, Reveal Next Steps

The Palau Ministry of Finance and Ripple Labs have shared the results of the Palau stablecoin project’s phase one pilot, disclosing the next steps...

Forbes Spotlights Benefits of Ripple CBDC Platform and Palau Stablecoin in New Case Study

A recently published case study focusing on the Central Bank Digital Currency (CBDC) venture from Palau and Ripple Labs has underscored its key benefits. According...

PayPal Stablecoin PYUSD Hits All-Time High Valuation Amid Fresh Minting Move

PYUSD hits a $94,396,540 market cap two months after launch following the minting of $50M tokens. In a recent tweet, Julio Moreno, the Head of Research...

Visa Launches Stablecoin Settlement Capabilities on Solana

Visa will be onboarding two payment companies to test the movement of USDC to the Solana blockchain. Global payments giant Visa announced the expansion of...

PayPal Does Not Support XRP Conversion, Contrary to Recent Claims

Erroneous claims of XRP support have emerged as PayPal rolls out a feature enabling the conversion of its new stablecoin PYUSD to and from...

PayPal Launches Dollar-Pegged Stablecoin For Payments

PayPal has announced the launch of a US dollar-pegged stablecoin. Leading payments giant PayPal has taken another step into the crypto sector by launching a...

Ripple’s Retail Digital Wallet Used in Palau Stablecoin Project Could be a Game-Changer

The retail digital wallet provided by Ripple and used in the Palau stablecoin project could serve as a game-changer for TradFi's blockchain integration. In a...

First Live Demonstration of Palau Stablecoin on XRP Ledger in Partnership with Ripple

A Palau government official has shared a live demonstration of the Palau stablecoin on the XRPL as the project enters a Phase One pilot...

Ripple and Palau Mints Very First Palau Stablecoin (PSC)

Palau's Digital Residency Office Director reveals the successful minting of Palau's first Stablecoin (PSC) in collaboration with Ripple. Jay Hunter Anson, Director of Palau's Digital...

Cardano Stablecoin DJED Allegedly Depegs; COTI CM Provides Clarification

The COTI-issued Cardano stablecoin Djed has allegedly depegged from the dollar on the open market as the token’s reserve ratio recently fell below par. Launched on mainnet...

Finnish Fintech Company Launches Euro Stablecoin on Ethereum 

The company claims EUROe is the first regulated stablecoin in Europe.  According to a recent announcement, Membrane Finance, a Finnish fintech company, has launched a fully-reserved...