Hoskinson: Stablecoin Bills Will Trigger Big Tech’s Crypto Push
He believes that once the stablecoin and market structure bills pass, the floodgates will open for major tech companies to embrace crypto. With these companies combined, that’s a whopping 3 billion people who could potentially tap into the world of cryptocurrency. Are we going to have stablecoin bills soon? Stablecoin Bills Could Clear the Path
Stablecoin Mania Rocks the Blockchain Space, Disrupts Geopolitical Order
Unlike cryptocurrencies with prices moved by volatile global exchange markets online, stablecoins use similar techniques for security and trust, but as digital representations of currencies like the dollar and euro. They can provide efficient and low-cost payment rails for traditional central bank cash, but with some of the features and advantages of blockchain. So they
Sonic Labs Drop USD Stablecoin Plan Amid US Regulations – Here’s Why!
Sonic Labs has suddenly dropped its plan to launch a USD-backed algorithmic stablecoin, shifting its focus to a UAE dirham-backed alternative. The decision comes as stablecoin regulations tighten in the US, thus, the company is shifting its focus to the United Arab Emirates (UAE) dirham. Sonic Labs’ Sudden U-Turn Just a week after hinting at
Sonic’s Stablecoin Surge and Record TVL Set the Stage for Continued Growth
Sonic, a decentralized finance (DeFi) project supported by the famous DeFi architect Andre Cronje, has recently been in the news for its impressive developments in both stablecoin issuance and total value locked (TVL). As DeFiLlama reported earlier today, the stablecoin ecosystem of Sonic has seen a remarkable 106% increase over the last seven days, reaching
RLUSD Stablecoin Now Available on Zero Hash and Revolut, Enabling XRP and Ethereum Transactions
Ripple has announced that its RLUSD stablecoin is now available for trading on two crypto platforms, further expanding its presence. RLUSD stablecoin is now available on the Zero Hash and Revolut crypto exchange. The platform also highlighted that this integration will enable customers to use the stablecoin for transactions on both the XRP Ledger and
Tron emerges as stablecoin powerhouse, outpaces Bitcoin, Ethereum, and Solana with $566 million in Q3 revenue
Markets Home » Markets » Tron emerges as stablecoin powerhouse, outpaces Bitcoin, Ethereum, and Solana with $566 million in Q3 revenue by Vince Dioquino Oct. 4, 2024 Tron's stablecoin dominance and memecoin launchpad fuel its market lead. Key Takeaways Tron's Q3 revenue of $566 million exceeds that of Bitcoin, Ethereum, and Solana. Stablecoin transactions and
Ripple’s stablecoin RLUSD expected to launch on Dec. 4 with NYDFS approval
Ripple’s stablecoin RLUSD expected to launch on Dec. 4 with NYDFS approval Monika Ghosh · 20 hours ago · 2 min read In October, Ripple partnered with top exchanges, including BitStamp, MoonPay, and CoinMENA, to offer RLUSD. 2 min read Updated: Nov. 30, 2024 at 6:20 pm UTC Cover art/illustration via CryptoSlate. Image includes combined
IMF Takes Aim at Stablecoin Issuers and Crypto Giants Following a Tumultuous Year in the Market
After a rollercoaster ride for the cryptocurrency market in the past year, the International Monetary Fund (IMF) has set its sights on stablecoin issuers and major crypto conglomerates, intensifying scrutiny and regulation in the rapidly evolving digital asset space.IMF Calls For Crypto Regulation After Collapse Of Exchanges The International Monetary Fund (IMF) has cited the downfall
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Australian Retirement Funds Hold Over $10B in Gambling Shares, Study Finds
According to a study commissioned by Australia’s Alliance for Gambling Reform and conducted by SustainoMetric, the country’s 20 biggest super funds collectively hold at least AUD 14.8 billion (about $10.3 billion) in listed gambling-related investments. Here’s What the Study Found The study analyzed the funds’ direct equity holdings and responsible-investment policies. It identified investments in
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TOSYALI secured 187 million Euro financing from Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) for its first phase of 1.2 GW solar investment
TOSYALI continues to accelerate its energy transition by securing long term international financing for supporting its decarbonization agenda and sustainability investments. The company has signed Export Finance Buyer Credit Agreements worth 187 million euros with BBVA, under Spanish Export Credit Agency Cesce's cover, for Osmaniye and Niğde Projects in its first phase of solar power