1Money, which is developing a purpose-built Layer 1 exclusively designed for stablecoin payments, this week emerged from stealth with more than $20 million in funding. The seed capital will power ...
XRP is soaring after its creator, Ripple, announced that its planned and unrelated RLUSD stablecoin has finally received regulatory approval and is preparing to launch “soon.” XRP is up 11% in ...
Tether, the world’s largest stablecoin issuer, has officially partnered with Ink, a layer-2 scaling network developed by Kraken, to introduce its new omnichain stablecoin, USDT0. This latest ...
Unlike existing blockchain protocols that attempt to serve multiple purposes, 1Money's sole focus on stablecoin payments positions it as a game-changer in the rapidly evolving world of digital ...
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Tether has announced the launch of USDT0 on Kraken’s Layer 2 blockchain, Ink. This new stablecoin solution is designed to expand USDT’s reach across multiple blockchains while maintaining its 1:1 ...
While making your choice about using a stablecoin, variants of this new-age currency exist. The notable among them include USDC and USDT. The importance of a Stablecoin is that it reduces the risk of ...
Tron founder Justin Sun said people should “stop” asking him questions like where the yield will come from when the next iteration of his algorithmic stablecoin, USDD, offers a 20% APY. “It’s simply ...
Drying up of new stablecoin liquidity raises the risk of renewed downside volatility after U.S. CPI report. Bitcoin's (BTC) rapid recovery from below $90,000 since Monday hints at bullish prospects.
(Glassnode) The latest drying up of stablecoin liquidity, often touted as dry powder waiting to be deployed for crypto purchases, starkly contrasts the $27.3 billion in inflows registered in ...
In this guide, we are going to discuss the features of the new stablecoin, its role for the segment and the potential impact on the XRP price. Soon after launch, RLUSD jumped into the top 40 ...