Euro stablecoins might seem small now, but they have huge potential. Right now, most stablecoins are tied to the US dollar, making up over 99% of the market. Euro stablecoins, on the other hand, are barely a blip at around $600 million. But don't let the small numbers fool you. The euro is the world
The world of digital money is changing fast. While Bitcoin and other cryptocurrencies grab headlines with their wild price swings, something more stable is gaining ground. Enter stablecoins, digital tokens that keep their value steady by being backed by real money or safe investments. These aren't
Ondo Finance just made a bold move, buying $25 million worth of YLDS, a stablecoin from Figure Technology Solutions. This isn't just any purchase; it's a strategic step to make Ondo's tokenized fund more diverse and appealing. The YLDS stablecoin is now part of a bigger portfolio that already inclu
Korea is making a bold move to bring its currency, the won, into the world of cryptocurrency. This isn't just about creating a new digital currency. It's about making it easier for Korean businesses to operate globally. Right now, most crypto transactions happen in dollars. This can be a hassle for
Small banks in the U. S. are raising concerns about Sony's plans to enter the crypto world. They think Sony is trying to get around some important banking rules. Sony wants to create a new company called Connectia Trust. This company would deal with digital money, like stablecoins. Stablecoins are a
Circle, the company behind the popular stablecoin USDC, has been making waves in the financial world. Its stock has seen a wild ride since its debut on the New York Stock Exchange in June. Initially, shares skyrocketed, climbing a staggering 178% from their IPO price of $31. But then, things took a
Brazil is stepping up its game in the crypto world. The central bank has just rolled out new rules for trading virtual assets, including cryptocurrencies. These rules aim to tackle money laundering and terrorism financing, extending existing regulations to virtual-asset service providers. Crypto ha
Bitcoin's price took a dip in early November, dropping below $100, 000 after hitting a record high of $126, 000 in October. Some experts see this as a normal pullback after a huge price surge earlier in the year. Cathie Wood, the CEO of Ark Invest, is still very optimistic about Bitcoin. But she re
Trump's vision for upgrading the U. S. payment system is in motion, but the finish line is still far off. The GENIUS Act, aimed at modernizing the outdated financial infrastructure, is a significant part of his plan. Trump has been vocal about his support for the crypto industry, praising its rapid
The world of money is changing fast, and stablecoins are at the forefront. These digital dollars are backed by real cash, making them stable and reliable. They're gaining popularity, especially in developing countries where traditional banking is lacking. Stablecoins are not just a trend; they're a
