Ripio stated that the Argentine peso stablecoin, wARS, would be available on Ethereum, World Chain, and Base, as a key element to expand the exchangeโs infrastructure in Latam. It stated that additional local stablecoins would be launched to support several use cases using blockchain tech. Ripio Debuts Digital Peso in Argentina, Plans Local Currency Stablecoin […] Source
Rippleโs RLUSD stablecoin gains powerful momentum as Bitpanda adds the dollar-backed token, expanding its global reach and reinforcing Rippleโs growing dominance in cross-border payments through transparent, compliant, and highly interoperable blockchain infrastructure. Rippleโs RLUSD Added to Bitpanda, Strengthening Rippleโs Stablecoin Network Growing interest in stablecoins continues to reshape the digital payments landscape as major exchanges [โฆ] Source BitcoincryptoexchangeExchanges CryptoX Portal
The race to develop stablecoin infrastructure is heating up across Wall Street and corporate America. Citigroup is moving ahead with plans to expand its stablecoin payment capabilities, amid growing speculation that major financial institutions are exploring stablecoin initiatives following the passage of the US GENIUS Act โ comprehensive legislation expected to take effect in early 2027. The momentum extends beyond banks. Western Union announced plans to build a stablecoin payment network on Solana, underscoring how traditional payment providers are embracing blockchain for faster and cheaper cross-border transactions. Meanwhile, the Bitcoin…
Key Notes Bitwise’s BSOL dominates early Solana ETF adoption with $152.5 million in assets, representing 98% of total product inflows since launch. Solana blockchain captured $152 million in daily stablecoin supply growth, outpacing Ethereum’s $140 million and signaling robust liquidity expansion. Grayscale projects Solana ETFs could absorb 5% of total token supply within two years, implying $5 billion in holdings at current valuations. Solana SOL $187.1 24h volatility: 3.5% Market cap: $102.72 B Vol. 24h: $6.67 B price rebounded 2% to $190 on Friday, October 31, buoyed by improved sentiment…
Key Notes Monthly active addresses reached 33.71 million by late October, with transfer volume hitting $4.65 trillion in the same period. Tether, Circle, Stripe, and Alchemy Pay are building proprietary blockchains to control payment settlement networks. Regional stablecoins backed by euros, yen, and other currencies are projected to capture 15-20% market share by 2030. Alchemy Pay and Gate Research released a comprehensive report on Oct. 31 detailing the stablecoin marketโs evolution into what researchers call an โinfrastructure competitionโ phase.ย The report documented market capitalization exceeding $280 billion as of August…
The number of different stablecoin tickers and token standards is fragmenting liquidity across the crypto ecosystem and burdening users with a poor experience that is costly, technical,and time-consuming, according to onchain sleuth ZachXBT. Cross-chain bridging restrictions, gas and transaction fees that must be paid in the native token of the blockchain being used, and a lack of universal token support across exchanges are all obstacles users face in transferring stablecoins across the crypto ecosystem, ZachXBT said. He gave the following example: โImagine you receive USDPT to your Solana address but…
Key Notes Current European Banking Authority guidance could force a regulatory cliff-edge in March 2026 when new payment services requirements take effect. Circle CEO Jeremy Allaire endorsed the warning, calling it a critical moment for regulatory simplicity in Europe’s stablecoin market. Patrick Hansen proposes extending the transition period to 2027 and adding targeted carve-outs in upcoming PSD3 legislation. Patrick Hansen, Circleโs Senior Director of EU Strategy and Policy, warned that unresolved conflicts between European crypto regulations could create significant compliance burdens for stablecoin service providers. Hansen posted the warning on…
Key Notes KRWQ represents the inaugural large-scale stablecoin denominated in Korean Won, addressing an unfilled market niche. The token leverages Frax’s infrastructure backed by BlackRock’s BUIDL fund and employs LayerZero’s OFT standard for seamless blockchain interoperability. Access to minting and redemption requires KYC verification and excludes Korean residents, targeting global DeFi applications instead. IQ and Frax announced the launch of KRWQ on Oct. 30, marking the first fiat-backed stablecoin pegged 1:1 to the South Korean Won. The token launched on Base, Coinbaseโs Ethereum Layer 2 network. IQ described the launch…
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Crypto News: Bitcoin and Stocks crash as Trump announces 100% tariffs on China. Morgan Stanley drops restrictions on which wealth clients can own crypto funds. Banks explore launching a stablecoin linked to G7 currencies. Brought to you by ๐ Safely Store your Crypto with Trezor Hardware Wallets – ๐กGet the (Re)Thinking Crypto Book on Amazon – ๐ฅ๏ธ Learn Crypto with Expert Commentary – Sponsors: ๐Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. ๐ Propy…
Key Notes Binanceโs stablecoin ratio dropped to a two-year low. Tether and Circle minted $7 billion in new stablecoins. Citi projected the stablecoin market to hit $1.9 trillion by 2030. Tether USDT $1.00 24h volatility: 0.0% Market cap: $182.52 B Vol. 24h: $163.16 B and Circle USDC $1.00 24h volatility: 0.0% Market cap: $76.77 B Vol. 24h: $15.31 B collectively minted $7 billion worth of tokens as Bitcoin BTC $108 279 24h volatility: 0.4% Market cap: $2.16 T Vol. 24h: $105.39 B climbed above $108,000, as per the data provided…