Users who staked stablecoins on Plasma were assigned XPL token allocations based on the value of their stake.

The bank joins other major financial institutions embracing stablecoins and crypto services as regulations ease and market demand grows.

Most Brazilian crypto users still struggle to use stablecoins for everyday payments, a new survey from Oobit reveals.

New stablecoin rules in the EU and U.S. are making it harder for Tether to stay competitive in mainstream finance, according to a report by a major Chinese financial firm.

As the U.S. dollar suffers its worst H1 since 1973, Washington views dollar-backed stablecoins as a tool to counter de-dollarization.

Last week, the firm announced BNY Mellon will be the custodian of RLUSD’s reserves.

The week of July 14 will see votes on both the stablecoin and broader crypto industry regulation bills.

Less than 60 days after launch, DWF Labs’ stablecoin stumbled below $1 as users pulled liquidity and doubts mounted over its reserves.

A growing number of crypto firms have applied for banking licenses or are thinking of doing so as TradFi and crypto continue to mingle.

The partnership with World Liberty Financial aims to accelerate USD1’s multichain expansion.