Ethena Will Issue a Stablecoin Backed by BlackRock’s BUIDL Fund
Ethereum-based blockchain platform Ethena is teaming up with real-world asset tokenization company Securitize to launch a new stablecoin called UStb.
Chainalysis CEO Predicts Increased Use of Stablecoins in Asia Will Boost Institutional Adoption
Chainalysis co-founder and CEO Michael Gronager expressed his belief that stablecoins will drive institutional adoption in Asia, despite potential disapproval from regulators.
TrustToken and TrueCoin Settle Charges with SEC over TrueUSD
TrustToken and TrueCoin have settled allegations that they misrepresented the backing of their stablecoin, TrueUSD (TUSD), and sold securities linked to it without proper registration.
Circle Plans to Move its Headquarters to Wall Street in 2025
According to Circle’s CEO and founder Jeremy Allaire, the stablecoin issuer is progressing with its initial public offering (IPO) debut and intends to relocate its headquarters to Wall Street in 2025.
BitGo Launches a Rewarding Stablecoin
This new stablecoin, called USDS, was officially introduced on September 18 and aims to incentivize those participating in the network by providing liquidity.
Revolut Will Issue its Own Stablecoin
The company, which was valued at $45 billion earlier this year and received a banking license in the UK in July, is making good progress on the stablecoin.
USDC Integrates with Brazil and Mexico Payment Systems
Circle yesterday revealed its integration of the USDC stablecoin with payment systems in Brazil and Mexico for corporate clients through partnerships with prominent banks.
