Stablecoin

Binance’s BNB Chain rebounds amid institutional, DeFi adoption

May 10, 2025

Binance-affiliated BNB Chain has rebounded after a period of stagnation in 2023 amid accelerating institutional and decentralized finance (DeFi) adoption. During the past year, BNB Chain has benefited from multibillion-dollar inflows into DeFi, US exchange-traded funds (ETFs), and rising trading volume at affiliated centralized exchange (CEX) Binance. Consequently, the blockchain network’s native BNB token BNBUSD […]

UK sets out new rules for crypto as it aligns with US on approach

May 10, 2025

Britain's Chancellor of the Exchequer Rachel Reeves speaks during a discussion entitled "Debate on the Global Economy: Growth and Resilience in an Uncertain World," during the 2025 annual IMF/World Bank Spring Meetings in Washington, D.C., U.S., April 24, 2025. REUTERS/Elizabeth Frantz/File Photo Purchase Licensing Rights , opens new tab Summary Crypto exchanges and dealers to […]

Stripe unveils AI foundation model for payments and stablecoin accounts

May 9, 2025

Stripe has introduced the AI foundation model for payments and expanded its money management capabilities with stablecoin-powered accounts. This development is aimed at enabling businesses to utilise AI and stablecoins to expedite their growth. The Payments Foundation Model, trained on tens of billions of transactions, is designed to identify hundreds of nuanced signals for each […]

Celsius CEO Alex Mashinsky sentenced to 12 years in multi-billion-dollar crypto fraud case

May 9, 2025

Alex Mashinsky, former chief executive officer of Celsius Network Ltd., arrives at court in New York, US, on Thursday, May 8, 2025. Yuki Iwamura | Bloomberg | Getty Images Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud, a […]

Trump’s crypto bill in jeopardy as Senate Democrats push back

May 9, 2025

Republicans in the U.S. Senate just hit a major roadblock in their push to pass a new stablecoin law — a key part of President Trump’s pro-crypto agenda. Nine Democrats withdrew their support, saying the new version would threaten the financial system. The legislation is now seriously delayed, as per POLITICO. The opposition, led by […]

Bitwise Reveals What Drives XRP’s Value Within the XRP Ledger and Ripple Ecosystem

May 9, 2025

Prominent asset manager Bitwise Investment has addressesd burgeoning concerns about XRP’s real use case in the XRP Ledger and Ripple ecosystem. WrathofKahneman (WOK), an influential figure in the XRP community, shared a Bitwise report highlighting the “clear, succinct, and relevant” description of XRP’s role in the Ripple ecosystem. The piece deeply explains XRP as a […]

Missing in DeFi: Security Tools The Community Needs

May 9, 2025

The DeFi landscape is rapidly evolving, but security tools are struggling to keep pace. This article explores six critical security tools that the DeFi community urgently needs. Drawing on insights from industry experts, it outlines practical solutions to enhance the safety and reliability of decentralized finance. Real-Time Composability Risk Radar Cross-Protocol Vulnerability Alert System Proactive […]

Tether to Equip Hadron Platform With Chainalysis Compliance, Monitoring Tools

May 9, 2025

Tether has announced that it recently upgraded its on-chain threat detection capabilities. The issuer of the USDT stablecoin said that Hadron, its real world assets (RWAs) tokenisation platform, has been equipped with on-chain intelligence tools from Chainalysis. With the new partnership, Hadron will have access to compliance tools created by Chainalysis, as part of Tether's […]

Genius Act stablecoin Bill to receive Senate vote but Democrat support wanes

May 9, 2025

In mid-March the US Senate’s Bill to regulate stablecoins, the Genius Act, was passed by the Senate Banking Committee with an 18 to 6 vote, with at least five Democrats supporting the Bill. Last week Republicans announced that Senate Majority Leader John Thune would propose a vote on the Bill to the full Senate, possibly […]

XRP News: Five Powerful Use Cases That Make Vaultro Finance The S&P 500 of Crypto World

May 8, 2025

SINGAPORE, May 06, 2025 (GLOBE NEWSWIRE) — Vaultro Finance is quickly positioning itself as one of the most transformative protocols on the XRP Ledger, bringing institutional-grade investment logic into the world of decentralized finance. Dubbed by early supporters as “the S&P 500 of the crypto world,” Vaultro is more than a platform — it’s a […]