Abu Dhabi institutional giants team up for dirham stablecoin
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin.Abu Dhabi’s…
Bankera founders used ICO funds on global property buys: Report
The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to a…
US dollar to face growing competition for stablecoin dominance: Tether co-founder
While United States dollar-denominated stablecoins dominate the stablecoin and real-world asset (RWA) tokenization game, other competitors are coming into play,…
Ray Dalio says global monetary order ‘on the brink’ of breakdown
Legendary investor Ray Dalio has said the world is “on the brink” of the global monetary order breaking down, which is being accelerated by the Trump…
Mastercard links with Circle, Paxos for merchant stablecoin payments
Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle…
Ethereum Foundation shuffles leadership, splits board and management
The Ethereum Foundation, which backs the development of the Ethereum blockchain, has overhauled its leadership structure to separate the responsibilities of its…
Gold-backed cryptocurrencies spike amid global trade uncertainty
Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.Tether Gold (XAUT) and Paxos…
BONK price gains 60% in a week as Solana memecoins make a comeback
Key takeaways:BONK price is up 73% since April 22, hitting a five-month high of $0.00002167.BONK’s open interest surged 290% to $43.2 million. Bonk (BONK), the…
Tether still dominates stablecoins despite competition — Nansen
Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm…