Strike CEO Jack Mallers announced the launch of bitcoin-backed loans, allowing eligible customers to borrow against their bitcoin holdings without the need to sell. This new feature enables users to access cash using their bitcoin as collateral, with loan amounts ranging from $75,000 to $2 million at a starting annual percentage rate (APR) of 12% […] Original
Tether deployed its flagship stablecoin, USDt, on the Kaia blockchain as part of a broader collaboration with Line Next, the Web3 arm of Line, Japan’s popular messaging platform with more than 196 million monthly active users. The integration means USDt (USDT) will now be supported across Line’s messenger-based Mini DApp ecosystem and self-custodial wallet, enabling users to interact with stablecoins inside an interface they already use daily, Tether said in a May 7 announcement. Line users will be able to use USDt for in-app payments, cross-border transfers and decentralized finance…
Peter Zhang May 06, 2025 22:59 Tether has launched its USD₮ stablecoin on the Kaia blockchain, in collaboration with LINE NEXT, to enhance Web3 and stablecoin adoption across Asia. Tether, a leading entity in the digital assets industry, has announced the deployment of its USD₮ stablecoin on the Kaia blockchain. This strategic move, in collaboration with LINE NEXT, is poised to accelerate Web3 and stablecoin adoption across Asia, according to Tether. Enhanced Accessibility Through LINE Messenger The integration of USD₮ will be…
21Shares has launched an exchange traded product (ETP) in Europe, providing investors with exposure to Crypto.com’s Cronos token, the asset manager said. The ETP is listed on Euronext’s Paris and Amsterdam exchanges, 21Shares said in a May 6 announcement. Cronos (CRO) is a layer-1 blockchain network affiliated with Crypto.com, a centralized exchange. The chain is designed to integrate with the Ethereum and Cosmos ecosystems and support “decentralised finance (DeFi), NFTs, and Web3 applications,” 21Shares said. The ETP aims to provide investors with a “straightforward way to integrate CRO into their…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Worldcoin ($WLD), the native crypto of the Altman-backed ‘World Orb’ eye-scanning project, is now available in most parts of the US. Tools for Humanity’s ‘World orb’ is an initiative by the OpenAI founder that offers people…
Ripple unleashes a $25 million RLUSD initiative to uplift U.S. education, delivering digital asset-powered classroom support and driving transformative impact for students and educators nationwide. Ripple Pledges $25M in RLUSD to Support US Educators Ripple announced on May 5 a $25 million education initiative in collaboration with Donorschoose and Teach For America, pledging support for […] Source CryptoX Portal
Ethena’s USDe stablecoin is now live on Hyperliquid’s decentralized exchange and HyperEVM blockchain, enabling daily rewards for users and cross-chain DeFi integrations. Hyperliquid Users Earn Rewards via USDe Balances on Hypercore and HyperEVM The USDe stablecoin, developed by Ethena Labs, has launched on Hyperliquid’s exchange and HyperEVM network, marking its expansion within the Hyperliquid ecosystem. […] Source
Spark, a bitcoin L2 platform fully compatible with the Lightning Network, has launched on mainnet. Promoted as “the fastest, cheapest, most UX-friendly way to build financial apps and launch assets on bitcoin,” the network enables a series of use cases destined for monetary applications, such as issuing stablecoins on top of bitcoin or building hybrid […] Original
Key Notes Tether announced a new U.S.-based stablecoin at Token2049 Dubai. The stablecoin aims to meet U.S.regulatory standards and operate separately from USDT. CEO Paolo Ardoino is strengthening ties with U.S.lawmakers and regulators. . Stablecoin issuer Tether plans to launch a new dollar-pegged stablecoin based in the United States that will comply with domestic regulatory requirements. This new stablecoin is expected to operate independently from the existing USDT. Tether’s CEO, Paolo Ardoino, announced the development at Token2049 Dubai, revealing that the company is actively working with U.S. regulators to release…
This content is provided by a sponsor. PRESS RELEASE. Fastex has announced the launch of YoWallet, an upgraded version of its existing Fastex Wallet app. The migration process has already started, allowing users to transition smoothly to YoWallet to benefit from enhanced functionality and performance. YoWallet introduces several enhancements, including real-time notifications for wallet activities, […] Source CryptoX Portal