Tag: Stablecoin

Google Launches AI Payment Protocol With Stablecoin Support

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Google has unveiled an open-source protocol that allows AI applications to send and receive payments, including transactions using stablecoins — highlighting the growing role of dollar-pegged cryptocurrencies in the emerging AI-driven web. The initiative is being launched in partnership with Salesforce, American Express and more than 60 other companies, Fortune reported Tuesday. Stablecoin functionality was developed in collaboration with crypto exchange Coinbase, and the Ethereum Foundation was also consulted on the project.  James Tromans, head of Web3 at Google Cloud, confirmed the rollout, telling Fortune that the protocol was designed…

MetaMask Launches Native Stablecoin mUSD, Ethereum Price Stabilizes at $4,495

Key Notes MetaMask launched native stablecoin mUSD with global deployment through MetaMask Card at over 150 million merchant locations worldwide. Bitmine expanded holdings to 2.15 million ETH valued at $9.74 billion after purchasing additional 82,233 tokens recently. Technical analysis shows support at $4,399 with resistance at $4,584 ahead of Federal Reserve rate decision on September 17. MetaMask, Ethereum’s largest wallet provider, officially launched its native stablecoin MetaMask USD (mUSD) on Monday, September 15, providing bullish momentum that helped Ethereum price stabilize near $4,495 despite an earlier 3% intraday decline. MetaMask…

Ripple Donates $25M RLUSD Stablecoin to Support American Veterans, Small Businesses

Key Notes Ripple commits $25 million in RLUSD stablecoin to support small businesses and veteran career development programs. XRP technical analysis shows consolidation at $3.00 with neutral RSI and potential upside toward $3.20 resistance level. Community sentiment improves following Rabby Wallet XRPL integration and consecutive charitable donations this week. Ripple XRP $2.99 24h volatility: 1.4% Market cap: $178.46 B Vol. 24h: $5.79 B price continues to hold firm above the $3 support level, as jitters around US inflation and the Fed rate decision dampened crypto market sentiment on Monday. Ripple‘s…

UK Crypto Groups Slam BoE’s Proposed Stablecoin Holding Caps

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United Kingdom-based cryptocurrency industry advocacy groups have called on the Bank of England not to proceed with its plans to limit individual stablecoin holdings. In a November 2023 discussion paper, the Bank floated setting individual caps on digital pounds between 10,000 British pounds and 20,000 pounds and asked for feedback on a possible lower limit of 5,000 pounds. According to a Monday Financial Times report, industry groups criticized the plan, saying it would be difficult and expensive to implement and could leave the UK lagging behind other jurisdictions. Tom Duff…

Yala’s Bitcoin-Backed YU Stablecoin Struggles to Reclaim Peg After Exploit

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Yala’s Bitcoin-backed stablecoin YU has failed to regain its dollar peg following an “attempted attack” early Sunday that sent the token plummeting to $0.2046. The Yala team confirmed the incident in a post on X, noting that it “briefly impacted YU’s peg.” The team added that they are working with blockchain security firm SlowMist and other security partners to investigate the breach. “Update: All funds are safe. Bitcoin deposited to Yala remains self-custodial or in vaults, with none lost,” the team wrote in their latest post on X. “We’ve identified…

INGYENES BLOKKLÁNC KONFERENCIA BUDAPESTEN! #blockchain

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Videó címe: INGYENES BLOKKLÁNC KONFERENCIA BUDAPESTEN! #blockchain 🟢 ITT TALÁLOD A LEGHASZNOSABB KRIPTOS LINKEKET EGY HELYEN🟢 👉 Bybit 10% kedvezmény: 👉 Hasznos kriptós linkek: 👨‍🎓👩‍🎓 A blockchainbloomhungary célja az oktatás, hogy Te egy helyen megtalálj minden fontos információt kripto, és blokklánc témában, hogy képezni tudd magad és mindig naprakész legyél. Itt megtalálsz minden hasznos kriptós tartalmat egy helyen: 👉 blockchainbloom.com ✅ Kriptos könyvcsomag, amit a kezdők is könnyen értenek, és amiből a haladók is tanulhatnak. www.kriptoskonyvek.hu ✅ BCB KLUB, ahol exkluzív interjúkat…

Trump says XRP will replace the financial system

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Ethereum : que se passe-t-il ?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Août est particulièrement mouvementé, l’Ether continue sa hausse et touche les 4800$ avant d’entrer en retracement. Dans cette vidéo, je fais le point sur les 4 moteurs actuels du marché qui canalise particulièrement l’Ether: stablecoins, ETF, trésoreries corporate. On debrief ! 🔗LIENS DE LA VIDEO: LCI, passage sur les stablecoins: L’article de Cryptoast (et Vincent G) sur les supports à suivre: Flux ETF ETH: ETF records: bitmine: EthZilla: Impact Genius act: Decret 401(K): 00:00:00 Introduction 00:01:15 Évolution de la politique américaine 00:03:19…

Validators prepare to pick stablecoin issuer

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One week after opening a contest to decide the issuer of its first native stablecoin, USDH, Hyperliquid is preparing for a validator vote on Sunday to select the winner in what has quickly become one of the industry’s most closely watched community decisions. Hyperliquid, a decentralized exchange for perpetual futures that launched its own layer-1 in November 2024, handled $330 billion in trading volume in July with a team of 11 people. USDH will serve as the platform’s first dollar-pegged asset, providing traders with a stable unit of account and…

Tether Launches USAT Stablecoin for US Market Under Former White House Crypto Czar Bo Hines

Key Notes Former White House Crypto Council Executive Director Bo Hines will lead the new US-regulated stablecoin initiative. USAT will be fully dollar-backed and issued through Anchorage Digital with Cantor Fitzgerald as reserve custodian. Tether’s existing USDT dominates the market with nearly 500 million users and $169.5 billion market capitalization. Tether is launching a new stablecoin called “USAT” that will be “purpose-built to serve the U.S. market and support American regulatory standards” under the leadership of Bo Hines, the former Executive Director of the White House Crypto Council. Hines joined…