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Record Growth of Stablecoins: Capitalization Reached $234.8 Billion

Record Growth of Stablecoins: Capitalization Reached $234.8 Billion

Stablecoin niche shows excellent dynamics against the background of the general market decline - their total capitalization flew to a new historica...
Paxos acquires Electronic Money Institution license for the EU, aims to bring compliant stablecoins

Paxos acquires Electronic Money Institution license for the EU, aims to bring compliant stablecoins

Paxos acquired fully accredited EU-based Membrane Finance, granting it a MiCA-compliant toolset for tokenized assets and stablecoins.
Stablecoin Supply in Ethereum Layer 2s Reaches $13.5 Billion

Stablecoin Supply in Ethereum Layer 2s Reaches $13.5 Billion

Stablecoin supply on Ethereum Layer 2 networks hits a new record of $13.5 billion, reflecting increased adoption of digital assets and DeFi solutio...
RippleUSD Stablecoin Faces Potential Volatility: CTO David Schwartz

RippleUSD Stablecoin Faces Potential Volatility: CTO David Schwartz

Ripple CTO David Schwartz warned the crypto community about potential early volatility despite RLUSD’s 1:1 dollar peg.
Sky, Formerly Maker, Deploys USDS Stablecoin on Solana

Sky, Formerly Maker, Deploys USDS Stablecoin on Solana

Sky, which was previously known as Maker, deployed its USDS stablecoin on Solana to tap into the blockchain's DeFi ecosystem.
Paxos launches USD-backed USDG stablecoin with Singapore’s DBS Bank

Paxos launches USD-backed USDG stablecoin with Singapore’s DBS Bank

Paxos has launched its new stablecoin, Global Dollar (USDG), which is backed by the US dollar. The new stablecoin will comply with Singapore's regu...
Paxos Launches USDG Stablecoin in Singapore Compliant to Regulatory Framework

Paxos Launches USDG Stablecoin in Singapore Compliant to Regulatory Framework

Paxos has launched its Global Dollar (USDG) stablecoin in Singapore, fully compliant with the Monetary Authority of Singapore's regulations, aiming...
Paxos International Launches Yield-Bearing Stablecoin on Arbitrum

Paxos International Launches Yield-Bearing Stablecoin on Arbitrum

UAE-based affiliate of Paxos, Paxos International, says the yield-bearing stablecoin Lift Dollar (USDL), issued by a regulated entity, is now avail...
PayPal’s PYUSD flips Tron’s USDD, becomes sixth largest stablecoin

PayPal’s PYUSD flips Tron’s USDD, becomes sixth largest stablecoin

Paypal’s stablecoin PYUSD outperformed Tron’s stablecoin USDD by market cap to become the sixth largest stablecoin in the crypto ecosystem. PYUSD’s...
Stablecoin Giant Paxos Shocks With 20% Workforce Slash

Stablecoin Giant Paxos Shocks With 20% Workforce Slash

Paxos, a key player in the cryptocurrency industry, has caused a stir with an unexpected move. The company recently laid off approximately 20% of i...