What Is PHPC? The First Stablecoin Pegged to Philippine Peso
What Is PHPC? PHPC is a stablecoin pegged to the Philippine Peso that is issued by Coins.ph on Ronin Network, a Layer 1 blockchain developed by Sky Mavis. Key Takeaways PHPC…
DWS to unveil Germany’s first regulated euro stablecoin
DWS plans to have its euro-pegged stablecoin live by 2025. The €941 billion ($1.02 billion) assets management firm recently launched a new company called AllUnity that will unveil the stablecoin.…
Circle becomes first stablecoin issuer to secure license under EU’s MiCA regulations
ACPR grants Circle e-money license for USDC and EURC across EU. Circle is the first stablecoin issuer to get licensed under MiCA regulation. MiCA aims to protect investors with stablecoin…
Cloudbet Integrates Ethena USDe (sUSDe) Stablecoin and ENA Tokens
Willemstad, Curaçao, Netherlands, 1st July 2024, Chainwire The post Cloudbet Integrates Ethena USDe (sUSDe) Stablecoin and ENA Tokens appeared first on CoinJournal.
Paxos launches Lift Dollar (USDL), a unique overnight yield generating stablecoin
The new Lift Dollar (USDL) stablecoin launched by Paxos offers daily yield from US government securities. The USDL stablecoin is issued on Ethereum. Currently the new stablecoin is accessible in…
Bitget Broadens Trading Horizons with USDe Stablecoin for Coin-Margined (Coin-M) Contracts
Victoria, Seychelles, June 4th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is thrilled to announce the integration of Ethena Labs’ synthetic USDe as a margin option…
PayPal stablecoin PYUSD launches on Solana
PayPal USD (PYUSD) is now live on the Solana blockchain. Users can buy PYUSD via PayPal, Venmo, Crypto.com, Phantom and Paxos. PayPal USD (PYUSD), the stablecoin that payments giant PayPal…
Nomura partners with GMO to explore stablecoin issuance in Japan
Nomura Holdings and Laser Digital have partnered with GMO Internet Group on a new stablecoin-focused project. The companies will collaborate in the issuance, redemption and circulation of Japanese yen and…
Hex Trust Group launches USDX, the first native stablecoin on Flare Network
Hex Trust launches USDX, the first native stablecoin on Flare, backed 1:1 by USD. USDX can be staked in Clearpool’s T-Pool for real-world yield without lock-ups. USDX aims to enhance…
Philippines’ central bank greenlights pilot for Peso-backed stablecoin
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins.ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject…