Category: Stablecoins

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Xapo CEO Seamus Rocca Describes Xapos’ Proposition, Talks US Regulation, Emerging Markets, and Stablecoins

May 25, 2024

Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoin.com’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a traditional neobank, talked about U.S. markets and regulations, how emerging markets see crypto, and the necessity of implementing stablecoins in Xapo after Silvergate Banks’ downfall. Xapo…
Read more

Non-Empty USDC And USDT Wallets See 13.9% And 15.7% Spike, Why This Is Good For Crypto

May 23, 2024

Non-empty wallets for stablecoins such as Circle’s USDC and Tether’s USDT have been on the rise for a while now as crypto prices have recovered since the start of the year. This has come to a head as the non-empty wallets have grown double-digits in a very short time. While this could point to recent…
Read more

Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield

May 21, 2024

On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim to Enhance Flare’s Defi Ecosystem Founded in 2018, the…
Read more

Central Bank of Brazil Aims to Finalize Crypto Regulations This Year

May 21, 2024

The Central Bank of Brazil outlined its crypto regulation calendar, defining a three-phase process for finalizing these tasks in 2024. The bank aims to consult market actors regarding VASPs, establish plans to regulate stablecoins and finalize the rules to welcome VASPs into the country later this year. Central Bank of Brazil to Finalize VASPs and…
Read more

Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report

May 21, 2024

South Korean analysts think new challenges await the “next generation” of stablecoins, as the industry continues to develop. The use of algorithms in stablecoin development, they say, will present new “risks” for token holders. And experts are still unconvinced by their algorithmic designs. The claims came in a report from researchers at the South Korean…
Read more

Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated

May 16, 2024

Paul Ryan – the 54th speaker of the United States House of Representatives – has emerged as a major proponent of stablecoins, with a bright outlook on what regulation could bring to the industry. Paul Ryan Bullish On Stablecoins In an interview with Bloomberg on Friday, Ryan highlighted stablecoins as a potential solution to the…
Read more

Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network

May 13, 2024

Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of this upgrade, stressing that it would allow users to complete stablecoin payments leveraging affordable LN transaction fees. Lightning Labs CEO…
Read more

US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns

May 12, 2024

Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist networks and nations under sanctions, such as Russia, aiming to circumvent U.S. economic sanctions. “The U.S.…
Read more

Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth

May 11, 2024

Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds Steady With Little Growth Following a period of rapid…
Read more

Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels

May 11, 2024

Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network. Asset Transfer Achieved on Lightning Network Using Taproot Channels The transaction, conducted by Osuntokun, involved a multi-hop payment using a digital asset…
Read more

Subscribe to Ƀitsell X

©  2026 Ƀitsell X. Built using WordPress and the Mesmerize Theme