Tag: stablecoin
Tokenized Money Market Funds: The Rise of Stablecoin Alternatives
The stablecoin market has seen significant growth over the past year, with an all-time high market cap of $171 billion. Major players like Visa,...
Proposed Deflationary Tokenomics in MakerDAO Rebranding: A Strategic Approach
Rune Christensen, the founder of Sky, formerly known as MakerDAO, has put forth a proposal for a strict deflationary approach to the governance token...
Stripe Acquires Bridge Stablecoin Platform for $1.1 Billion
Payments giant Stripe has recently made a significant move by acquiring the stablecoin platform Bridge for a whopping $1.1 billion, a significant increase from...
Stripe Acquires Bridge Fintech to Expand Stablecoin Exposure
Global payment platform Stripe is in talks to acquire Bridge, a company that specializes in transactions involving stablecoins like Tether’s USDT and Circle’s USDC....
Ripple Announces RLUSD Stablecoin Exchange Partners, Awaits NYDFS Approval
Ripple, a blockchain service company closely associated with XRP Ledger, revealed its exchange partners and market makers for its upcoming RLUSD stablecoin at the...
The Potential Impact of the $172B Stablecoin Market on Crypto Prices
The stablecoin market is making a comeback, with its capitalization nearing its all-time high. Analyst Alice Liu believes this signals a significant amount of...
State Street Develops Tokenized Bond and Money Market Fund; No Immediate Stablecoin Project
State Street, a major asset management and banking company based in Boston, is currently in the process of tokenizing a bond and a money...
Stablecoin Adoption Soars in Latin America Amid High Inflation Concerns
Stablecoin usage in Latin America has been on the rise as the region grapples with high inflation and economic instability. According to Chainalysis’ global...
SocGen’s Euro Stablecoin Shifts to Solana Blockchain for Improved Performance
SG Forge, a subsidiary of Societe Generale, is making a strategic move by shifting its euro stablecoin, EUR CoinVertible (EURCV), to the Solana blockchain....
Germany’s First Regulated Euro Stablecoin: DWS Unveils New Digital Currency
Germany’s asset management firm DWS is making strides in the crypto space by planning to launch the first regulated euro stablecoin in the country....