Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers
Polygon said businesses can also move the world’s largest stablecoin USDT between TRON and EVM networks without connecting to a wallet provider, bridge or…
Tether, Kazakhstan cenbank mull tenge stablecoin and asset tokenization
The agreement will explore a tengebacked stablecoin pilot and a framework for tokenizing realworld assets as Kazakhstan expands its digital asset industry.…
Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization
The National Bank of Kazakhstan said it will study a local currencylinked stablecoin and tokenized realworld assets with Tether. Source:CoinDesk
Crypto trading giant GSR's new vault business is a $100M bet on onchain credit
The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain. Source:CoinDesk
Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem…
Cardano gives token issuers power to freeze, seize and restrict assets
The new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules built into…
Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth
The Ethereum layer2 is backing Paxosissued USDG to earn a share of reserve income as new stablecoin alliances compete for distribution, users and reserve…
Paxos’ $3B USDG stablecoin launches on Arbitrum
Paxos’ USDG stablecoin is now live on Arbitrum as the network proposes 100 million ARB in incentives to support adoption and liquidity. Source:Cointelegraph
Binance BTC outflows hit highest since mid-2023 as whales deposit stablecoins
Binance BTC reserves fell by nearly 40,000 coins since Sept. 20 as whales returned stablecoin capital to their exchange wallets. Source:Cointelegraph
OKX Money lets users save, earn 10% yield and spend dollar stablecoins in one app
he product converts more than 50 local currencies into stablecoins, offers rewards of up to 10% on eligible USDG balances and includes virtual and physical…
OKX eyes emerging markets with yield-offering stablecoin savings and payments app
OKX Money lets users hold, send and spend dollarbacked stablecoins, with qualifying USDG balances earning up to 10% APY. Source:Cointelegraph
Modern Treasury seeks US trust bank charter for digital asset custody
The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limitedpurpose national trust…