Tag: Stablecoin
Introducing Crypto Stablecoin Deposits on Kalshi: Enhancing Market Accessibility
Kalshi, the event outcome speculating website, is making strides in the world of prediction markets by introducing the option of stablecoin deposits. This move comes after a recent court victory over the Commodity Futures...
Stripe Acquires Stablecoin Platform Bridge in $1.1 Billion Deal
Stripe, a well-known payments processor, has made a significant move in the cryptocurrency space by acquiring stablecoin platform Bridge for a whopping $1.1 billion. This deal was initially reported by TechCrunch founder Michael Arrington...
Stablecoin Usage Surged in Q3: Market Cap Hits $170 Billion
In the third quarter of 2024, the use and adoption of stablecoins experienced a significant increase, as reported by Coinbase's 4th Quarter Guide to Crypto Markets in collaboration with Glassnode. The market capitalization of...
Tesla’s Automation Boosts Stablecoin Adoption: Pompliano
Anthony Pompliano, the founder of Professional Capital Management, has expressed his belief that Tesla's recent advancements in automation could potentially lead to a widespread adoption of stablecoins. In a post, Pompliano highlighted Tesla's unveiling...
Guatemala’s Largest Bank Integrates Stablecoin Remittance Technology in Mobile App
SukuPay’s crypto-native payment infrastructure is like, totally doing something groundbreaking in the Latin American banking scene, you guys. So, get this: they’re now powering cross-border remittances in Banco Industrial’s Zigi mobile app. And that’s...
Ripple Donates $25M in Stablecoin to Education Nonprofits
Ripple, the crypto company with a heart of gold, recently decided to spread some love and donate a whopping $25 million in RLUSD to two major education nonprofits in the good old U.S. of...
Tether CEO Plans ‘Big Four’ Firm Audit for Reserves
Tether CEO Paolo Ardoino is making waves in the cryptocurrency world as he reveals plans to enlist a Big Four auditor to scrutinize the reserves backing the company's U.S. dollar-pegged stablecoin, USDT. This move...
Tether’s Growth Fueled by Global Demand for USD
Tether's Surge Driven by Worldwide Demand for USDIn a recent interview on Bloomberg TV, Tether CEO Paolo Ardoino delved into the future of stablecoins and the potential impact of the White House's proposed legislation....
USDT Adoption in UAE Real Estate: Tether Signs MoU with Reelly Tech
Tether Collaborates with Reelly Tech to Revolutionize UAE Real Estate TransactionsIn a groundbreaking move that is set to transform the landscape of real estate transactions in the UAE, Tether has forged a strategic partnership...
