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Tag: Stablecoins

A stablecoin is a fiat-backed cryptocurrency that has a value pegged to another stable asset, such as the US dollar.

Circle’s CPN Launch

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Circle launched the Circle Payments Network (CPN). Aiming to revolutionize cross-border payments using stablecoins like USDC and EURC. CPN could reduce costs and settlement times, potentially disrupting traditional systems like SWIFT. CPN will enhance financial inclusion with support from major banks and 20 design partners. Circle, a leading stablecoin issuer known for $USDC, unveiled the Circle Payments Network...

$USDC, Circle, Front page, News, Stablecoins

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Xago Expands Global Reach with AUSTRAC Registration and New Currency On-Off Ramps

Xago Expands Global Reach with AUSTRAC Registration and New Currency On/Off Ramps

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Cape Town, South Africa – [14 April 2025]  Xago, an innovative crypto fintech company providing payment solutions and exchange services built on the XRP Ledger, is proud to announce a major step in its global expansion strategy.  Xago recently established a new entity called Xago Australia Pty Ltd which has officially secured AUSTRAC registration as a digital currency exchange (DCE). This milestone significantly strengthens...

Press release, Stablecoins, Xago

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Tether 7th Largest Buyer of U.S. Treasury Purchases

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Tether was the 7th largest buyer of U.S. Treasuries in 2024. With $33.1 billion in purchases, surpassing countries like Canada and Mexico. This reflects Tether’s growing financial influence, enhancing its credibility by investing in transparent assets like U.S. Treasuries. The evidence leans toward this move integrating cryptocurrencies with traditional finance, potentially impacting market dynamics. Tether, the...

$USDT, Front page, News, Stablecoins, Tether

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USD1, World Liberty Financial Stablecoin

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World Liberty Financial launched USD1, a stablecoin pegged to the US dollar. USD1 is backed by US government securities and cash and launched on Ethereum and BNB Chain. The stablecoin aims for institutional-grade stability, with a total supply of approximately $3.5 million, and is not yet tradeable. World Liberty Financial, a DeFi protocol founded in 2024 and backed by Donald Trump, unveiled USD1, a stablecoin pegged 1:1 to...

Front page, News, Stablecoins, World Liberty Financial

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Stablecoin market cap ATH

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Stablecoin market cap reaches $234.8 billion, a new all-time high. Competition grows with major players like Tether and USDC, and new entrants integrating with traditional finance. Stablecoins connect with traditional finance through payments, lending, and institutional adoption. This growth suggests increased regulatory scrutiny, innovation, and potential for global financial inclusion. Stablecoins and Their Rising...

ATH, Cryptocurrencies, Front page, News, Stablecoins

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