Is Ripple Stablecoin Launch Coming Soon as 1,700,000 RLUSD Minted Since Sept 28 – The Crypto Basic
Ripple's RLUSD stablecoin has undergone extensive testing as part of the company's efforts to fully expand its reach into the stablecoin market. It was originally announced in April, but RLUSD began beta testing in August, but is currently only accessible to the company's enterprise partners. The increase in minting activity suggests that Ripple is inching […]
How the stablecoin sector gained amidst the altcoin bloodbath – AMBCrypto News
Stablecoin market capitalization reaches second highest level in history. USDT accounted for more than half of the market capitalization at the time of writing. While the overall cryptocurrency market capitalization has been on a downward trend, the stablecoin sector has shown a contrasting trend, reaching an all-time high in market capitalization. This divergence highlights the […]
PayPal Expands PYUSD Stablecoin From Ethereum to Solana – Decrypt
PayPal announced today that its PayPal USD (PYUSD) stablecoin is now live on Solana. In an announcement on Wednesday, the payments platform Said He said the move would “significantly benefit commerce use cases.” Solana is the blockchain network that powers SOL, the fifth-largest cryptocurrency by market cap. It aims to rival Ethereum by providing a […]
Bitcoin price preps for new highs according to increasing stablecoin issuance data – Cointelegraph
Stablecoin data suggests traders are preparing Bitcoin (BTC) prices to hit new all-time highs. According to a report by KuCoin Research, the increase in stablecoin inflows is being driven by the Bitcoin supply halving event that will take place within seven days. of report We detail how Tether (USDT) and USD Coin (USDC) issuance continues […]