Stablecoin

The role of stablecoins in transforming global payments emerged as a central theme during a panel discussion at the Benzinga Future of Digital Assets conference. Panelist Jan van Eck, CEO of VanEck, described stablecoins as a driving force behind a new financial system, particularly in regions...

According to some of the industry’s top names, stablecoins could soon transform how institutions settle transactions, addressing inefficiencies in traditional financial systems and opening the door for broader adoption. This was the central focus of a panel discussion at the Benzinga Future...

Ripple is set to launch its USD-backed stablecoin, Ripple USD (CRYPTO: RLUSD), on Tuesday. Following the announcement, Ripple’s native coin XRP (CRYPTO: XRP) is up 4% on the day, having surged 130% over the past month. RLUSD will be available on major global exchanges, including Uphold, Bitso...

Ripple Labs CTO David Schwartz has issued a warning to investors about potential price volatility as Ripple's RLUSD stablecoin goes live. What Happened: "As RLUSD goes live, there may be supply shortages in the very early days before the market stabilizes," Schwartz said on Sunday on X. He pointed...

Kasikornbank  (OTC:KPCPY)  and SCBX, two of Thailand’s largest banks, are diving into stablecoin-powered remittance services to enhance cross-border transactions. Kasikornbank recently partnered with Japan's G.U. Group to explore stablecoin solutions for remittances between the two...

Coinbase Global Inc. (NASDAQ:COIN) is advancing its Southeast Asian expansion through stablecoin initiatives in Thailand and the Philippines, as cryptocurrency markets reach new heights amid expectations of a more crypto-friendly U.S. administration. What Happened: Jesse Pollak, founder of Base and...

At the recent Benzinga Future of Digital Assets event, industry leaders tackled how stablecoins are reshaping finance, spurring adoption among institutional investors, and addressing operational hurdles in digital markets. The panel, moderated by BlackRock's Kyle Braden, featured Jennifer O'Rourke...

A new report indicates that stablecoins, currently a $163 billion market, could grow to represent 10% of the U.S. money supply, hinging on regulatory clarity, which appears increasingly likely under the incoming Donald Trump‘s administration. What Happened: "Stablecoins have the potential to...

Avalon Labs on Monday announced the launch of USDa, a Bitcoin (CRYPTO: BTC)-backed stablecoin designed to enable Bitcoin holders to unlock liquidity without selling their holdings. The stablecoin, built on LayerZero's cross-chain technology, aims to position Bitcoin as a source of liquidity within...

The Ripple “Swell” conference on Oct. 15-16 brought together leaders in payments, blockchain, digital assets and economic policy. Ripple used the event, held at the Faena Hotel in Miami Beach, Florida, to spur discussion around the future of finance and chart its plans spanning cross-...

According to Custodia Bank‘s founder and CEO, Caitlin Long, the evolving dynamics in Washington could soon alter the digital asset industry. "I expect a stablecoin bill to be implemented and anticipate a market structure bill to pass as well,” she said, during a recent interview. The...

Asset management giant Ark Invest predicted a positive turn for Bitcoin’s (CRYPTO: BTC) price on account of the oversold conditions witnessed for the Stablecoin Supply Ratio Oscillator (SSRO.) What Happened: A recent report. from the Cathie Wood-led firm revealed that the SSRO, a metric used...

Ripple (NASDAQ:XRP) has introduced its U.S. dollar-pegged stablecoin, RLUSD, targeting enterprise applications, on Tuesday. This development coincides with World Liberty, supported by Donald Trump, advocating for stablecoins over Bitcoin (CRYPTO: BTC). What Happened: As per Ripple’s press...

Meme coin Shiba Inu (CRYPTO: SHIB) is seeing a rising value, with the cryptocurrency up 12% in the last day and 44% over the last week, thanks to an increased burn rate and a teaser from the coin's developer. Here’s a look at how much money people who got in at the start of the Shiba Inu...

The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto companies TrustToken Inc. and TrueCoin LLC for allegedly defrauding investors and conducting unregistered sales of investment contracts involving the TrueUSD (CRYPTO: TUSD) stablecoin. What Happened: According to the...