Posted inBitcoin NEWS Stablecoins
‘Uptober’, Tether’s USDT reaches $120B market capitalization
According to Tether's website, which tracks updates and performance of their stablecoin, the USDT, in…
Posted inCrypto NEWS Stablecoins Trading
BlackRock pitches BUIDL for derivatives collateral to crypto exchanges
BlackRock, a top Bitcoin ETF issuer, has made known its plan with Securitize to integrate…
Posted inCrypto NEWS Regulations Stablecoins
African nation of Eswatini releases design for tokenized retail CBDC
The Central Bank of Eswatini, a small country between South Africa and Mozambique, has presented…
Posted inBlockchain Crypto NEWS Stablecoins
TRON Network revenue grows to $577M surpassing Bitcoin and Ethereum Networks
Driven by the network’s increasing stablecoin activity and efforts to tap into the growing memecoin…
Posted inCrypto Economy NEWS Stablecoins
Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance
Like an inverse proportion, Nigeria and Ethiopia are suffering a decrease in the value of…
Posted inCrypto NEWS Stablecoins
Nigerian remote workers prefer to be paid in stablecoins
Nigeria has consistently ranked high in global cryptocurrency adoption. A recent Chainalysis report confirms that…
Posted inCrypto NEWS Stablecoins
Ethena Labs launches new UStb stablecoin backed by BlackRock’s BUIDL
On Thursday, the 26th, Ethena Labs, developer of the decentralized stablecoin protocol Ethena, revealed that…
Posted inEconomy NEWS Stablecoins
New Report: Nigeria and Others Top in CBDC Global Adoption
About 134 countries, constituting 98% of the representing 98% of global GDP, are currently exploring…
Posted inCrypto NEWS Stablecoins
The Issuer of USDC Stablecoin, Circle Moves HQ to New York Ahead of IPO
The company behind the world’s second-largest stablecoin, Circle Internet Financial, is moving its global headquarters…
Posted inCrypto NEWS Stablecoins
Tether Reports $6.2B In Profit Surpassing BlackRock’s Profit
Tether, the largest issuer of stablecoins, has released a report highlighting its remarkable profit of…
Posted inCrypto NEWS Stablecoins
Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B
The current Coingecko State of Stablecoins 2024 report shows that fiat-backed stablecoins with $161.2B Markets…
Posted inExchange NEWS Stablecoins
Paystack parent company, stripe to bring back crypto payments in a new partnership
Stripe, an online payment processing solution for accepting payments with different payment methods, now including…
Posted inNEWS Stablecoins Trading
Stablecoins Surpasses Bitcoin As The Preferred Currency For Illicit Transactions
A Chananalysis report has revealed that stablecoins have now become the digital currency of choice…
Posted inFintech NEWS Regulations Stablecoins
African Stablecoin Consortium Makes a U-turn On cNGN Launch To Seek Central Bank Approval
This comes a few days after there were reports that it will be launching the…
Posted inNEWS Stablecoins
New Holders Emerge For PYUSD as its supply skyrockets by 49%
$PYUSD holders have risen by a whopping 55% in October 2023. But 99.95% of its…
Posted inNEWS Stablecoins
Legislators Push For Use Of Stablecoin Crypto As Bail Bond.
New York state legislators have proposed certain amendments to the law that could allow residents…
Posted inBitcoin Blockchain NEWS Politics Stablecoins
South Africa Enters Into Second Phase of It’s Central Bank Digital Currency Project.
South Africa's apex regulating bank, the Reserve Bank Of South Africa (SARB) announced that it…
Posted inEconomy Fintech My Crypto Life NEWS Politics Stablecoins
Nigeria eNaira CBDC Facing Challenges, CBN Contracts US Firm To Improve The Digital Currency.
Following continuous actions to create an efficient digital currency, the Central Bank of Nigeria is…
Posted inFintech NEWS Regulations Stablecoins
Binance Stablecoin, BUSD Faces Scrutiny In The US.
Paxos Trust Company, the firm behind Binance's stablecoin, said the U.S. Securities and Exchange Commission…
Posted inNEWS Regulations Stablecoins
Nigeria Stablecoins And ICOs Legal Framework In The Pipeline.
Nigeria Central Bank has declared its readiness to accept the existence of private stablecoins as…