Tag: stablecoin
Over $175 Million XRP Amid Price Rally, What is Happening?
Another astonishing transfer has stunned the crypto community as more than $175 million worth of XRP was moved to a centralized exchange in the last t [...]
800 Million XRP in One Day, What’s the Significance?
A significant XRP transaction has been tracked by on-chain sleuths, moving a staggering 800 million XRP coins to another wallet in one day. Notably, t [...]
Ripple Likely to Announce Launch Date for RLUSD in its Annual Ripple Swell Event
Blockchain giant, Ripple, is getting set for its annual Ripple Swell event happening in Miami Florida from October 15-16 2024. The event which kicks o [...]
BitGo Set to Launch USDS Stablecoin with Unique Rewards System
BitGo, a prominent player in the crypto custody space, has announced its plans to enter the stablecoin market with a new offering, USDS. This stableco [...]
Circle Burns 150 Million USDC Tokens in Significant Blockchain Transaction
Circle, the issuer of USD Coin (USDC), has recently burned 150 million USDC tokens, equivalent to around $150 million. Whale Alert, a blockchain alert [...]
Tether to Discontinue Support for USDT on EOS and Algorand
Tether Inc, the issuer of the largest stablecoin by volume, USDT, has announced that it will cease issuing the stablecoin on the EOS and Algorand bloc [...]
Chris Giancarlo Joins Paxos Board to Bolster Financial Innovation
Paxos, a well-known stablecoin issuer, has just taken a bold step to strengthen its leadership by putting former Commodity Futures Trading Commission [...]
Tether Achieves Record $4.52 Billion Profit in Q1 2024 Amid Crypto Market Growth
During the first quarter of 2024, Tether, one of the top stablecoin issuers, recorded a spectacular profit of $4.52 billion, the company's statement o [...]
Ripple Eyes Higher Ground: Garlinghouse Unveils Stablecoin Strategy at Paris Blockchain Week
Paris Blockchain Week (PBW) is a week-long event showcasing exhibitions, keynotes, workshops, and networking events in the heart of Paris. Ripple CEO, [...]
Ripple to Launch USD Stablecoin, XRP Targets $1 Amid Legal Storm
Amid regulatory challenges and legal battles, Ripple announces the launch of a USD-backed stablecoin, propelling XRP's momentum.
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