Stablecoins
Title: China Raises Alarm Over Dominance of US Dollar-backed Stablecoins in Global Finance In recent developments, China has expressed significant concerns regarding the increasing dominance of US dollar-backed stablecoins within the global finance ecosystem. This…
Ethena Labs Faces Regulatory Setback: BaFin Rejects Token Application under MiCAR Germany’s Federal Financial Supervisory Authority (BaFin) has recently declined Ethena Labs’ application to issue asset-referenced tokens under the newly implemented European Union’s Markets in…
Fidelity’s Surge into the Stablecoin Market: A Look at Regulatory Developments and Future Directions Fidelity Investments, a titan in the asset management sector, is reportedly deep within the testing phases of its own stablecoin, according…
The Rise of Stablecoins: How They Are Reshaping the Financial Landscape In today’s financial markets, fluctuations in regulatory frameworks and economic policies are creating both uncertainty and opportunities. The tariffs imposed by the U.S. administration,…
The Anticipation Surrounding WLFI’s USD1 Stablecoin and the Rise of Scams World Liberty Financial Inc. (WLFI), a decentralized finance (DeFi) project partially owned by the family of former US President Donald Trump, recently took to…
World Liberty Financial’s USD1 Stablecoin: A Game-Changer in the DeFi Landscape World Liberty Financial (WLFI), a decentralized finance project linked to former US President Donald Trump, has recently announced an exciting addition to the cryptocurrency…
Title: Avit: A New Era of Bank-Backed Stablecoins in the U.S. Financial System In a groundbreaking development, Custodia Bank and Vantage Bank have announced the launch of Avit, the first stablecoin backed by U.S. banks,…
The Rise of Sonic’s New Algorithmic Stablecoin: A Game Changer? On March 25, 2023, Andre Cronje, co-founder and lead architect of Sonic, generated significant excitement in the cryptocurrency community by announcing plans for a new…
Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL) has seen a substantial increase of $463 million in just eight days. This surge in funds is part of a larger trend, as tokenized U.S. Treasury funds have…