Ripple, the company behind the XRP cryptocurrency, is aiming to shake up the stablecoin market with its upcoming RLUSD. While XRP has faced challenges in establishing itself as a global bridge currency, Ripple is hoping to make a splash with RLUSD. RLUSD: What You Need to Know RLUSD is a ...

The financial landscape is changing, and Japanese banks are at the forefront of this transformation. Three major banking institutions — MUFG, SMBC, and Mizuho — have teamed up with blockchain companies like Progmat, Datachain, and TOKI to launch "Project Pax", a platform that aims to ...

Switzerland's financial regulator, FINMA, has expressed concerns about stablecoins, suggesting they could threaten the country's reputation as a stable and reliable financial center. FINMA's concerns stem from the potential risks associated with stablecoins, particularly those pegged to fiat ...

TRON's $USDT issuance has reached a new milestone, exceeding $60 billion, making it the first blockchain with a single stablecoin surpassing this mark. This notable achievement was announced by TRON founder Justin Sun, highlighting TRON's growing influence in the cryptocurrency space. However, ...

Tether, the world's most traded cryptocurrency, has hired Philip Gradwell, a former Chainalysis Chief Economist, as its new Head of Economics. This move is seen as a significant step towards improving transparency and engaging with regulators. Gradwell's Role at Tether Gradwell's ...