MetaMask’s mUSD Sees 4x Growth in First Week After Launch
TL;DR Growth surge: MetaMask’s mUSD supply expanded from $15 million at launch to $65 million within a single week, marking a fourfold increase that highlights strong
stablecoin (Latest Publications)
YZi Labs Increases Stake in Ethena to Fuel USDe Expansion on BNB Chain
TL;DR YZi Labs strengthened its stake in Ethena Labs and USDe, shortly after Binance listed the token as a spot pair and collateral. USDe debuted in
PayPal’s PYUSD Launches on Tron and Stellar
TL;DR PayPal’s US dollar stablecoin PYUSD has officially expanded to both the Tron and Stellar networks, boosting its reach beyond Ethereum. The move connects PYUSD to
Breaking! Plasma Announces Official TGE Date
TL;DR Plasma will launch its mainnet beta and the XPL token on September 25, positioning itself as the eighth-largest blockchain by stablecoin liquidity. The network will
Crypto Custody Firm Launches First-Ever Won-Backed Stablecoin on Avalanche
TL;DR South Korea’s BDACS has unveiled KRW1, the country’s first stablecoin fully backed by the won, running on the Avalanche blockchain. The launch is currently a
Hyperliquid Integrates Circle’s USDC and CCTP V2 as Preferred Stablecoin Infrastructure
TL;DR Hyperliquid integrated native USDC and CCTP V2 into HyperEVM, enabling direct deposits to HyperCore and immediate use in financial applications. The USDC is issued by
Ethena Meets Fee Switch Parameters, Awaits Governance Approval
TL;DR Fee Switch Milestone: Ethena has officially met the technical parameters required to activate its ENA fee switch, setting the stage for a governance vote that
Coinbase Dismisses Stablecoin Panic: ‘No Threat to Banks’
TL;DR Coinbase has rejected warnings that stablecoins weaken the US banking system, stressing that most transactions take place abroad and strengthen the global role of the
MetaMask’s Native Stablecoin, mUSD, Is Now Live
TL;DR MetaMask launched mUSD, its first native stablecoin, issued by Stripe’s Bridge and regulated under the Genius Act, to compete with USDT and USDC. The stablecoin
MoonPay Acquires Meso in a Bid to Accelerate Global Payments Transformation
TL;DR MoonPay acquired Meso to strengthen its global payments network, integrating banks, card networks, stablecoins, and blockchains under a unified regulatory framework. Ali Aghareza will assume
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