Binance has launched RWUSD, a new principal-protected yield product offering up to 4.2% APR benchmarked against tokenized U.S. Treasury bills and other real-world assets. The offering aims to continue Binance’s plan to incorporate off-chain financial instruments into its Earn product suite while avoiding direct exposure to tokenized assets. Users can subscribe to RWUSD using stablecoins […]
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. If 2024 was the year of the dragon, 2025 has been the year of the stablecoin. U.S. dollar-backed digital assets, in particular, have taken
The GENIUS Act, Wall Street, and the dollar’s digital leap Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Nigerian Securities and Exchange Commission (SEC) has announced the nation’s willingness to embrace stablecoin businesses within its borders. This event marks a crucial development in Nigeria’s crypto regulation after the West African giant began to change its hostile approach against the
Nigeria Confirms Readiness For Stablecoin Operations Read More »
Nigeria’s Securities and Exchange Commission (SEC) has expressed support for stablecoin businesses that operate within the bounds of the country’s digital asset regulations. During the Nigeria Stablecoin Summit held in Lagos, SEC Director-General Emomotimi Agama reportedly said the African country is ready to embrace blockchain-based payment innovations as long as they comply with existing laws.
Nigeria’s SEC backs stablecoins, signalling new crypto chapter Read More »
Between July 21 and 25, the total stablecoin market cap increased by $4.505 billion to reach $265.22 billion, a 1.73% expansion. Over the same timeframe, total value locked (TVL) in DeFi dropped from $140.804 billion to $135.934 billion, a 3.46% drawdown. While the rise in stablecoin supply could be interpreted as a sign of incoming
Capital shifts to stablecoins as DeFi protocols bleed TVL Read More »
Ethena Labs has partnered with Anchorage Digital to launch a fully regulated version of its USDtb stablecoin within the United States, aligning with the newly enacted GENIUS Act, according to a July 24 statement. The collaboration marks a major milestone for Ethena as it transitions USDtb’s issuance to a domestically regulated GENIUS Act framework that
Ethena taps Anchorage to navigate GENIUS Act compliance for USDtb stablecoin Read More »
Key Notes GENIUS Act provides regulatory framework allowing banks and fintechs to issue stablecoins in the US market. Circle’s USDC dominates US with $65B circulation while Tether’s USDT leads globally with $162B market cap. Tether leverages strong international presence in Latin America, Africa, and Asia for competitive advantage. Tether, issuer of the world’s largest stablecoin,
Tether CEO Confirms Company Nearly Ready for US Return After Trump Signs GENIUS Act Read More »
Crypto prediction market Polymarket is considering launching its own stablecoin to gain control over the interest-bearing reserves currently backing USDC deposits on its platform, CoinDesk reported, citing sources familiar with the matter. The deliberations reflect a broader industry trend as platforms seek to internalize stablecoin-related revenue, particularly in closed ecosystems. The source told the news
Polymarket mulls own stablecoin for efficient use of USDC reserves Read More »
PNC Financial Services Group has formed a partnership with Coinbase to let the bank’s customers access crypto services, as Bloomberg News reported on July 22. According to PNC’s head of treasury management Emma Loftus, the arrangement is in its early phase. It will begin by allowing wealth and asset management clients to trade cryptocurrencies directly
PNC taps Coinbase to bring crypto trading into client accounts Read More »
Key Notes Western Union said it will allow customers to buy and sell stablecoins directly through its platform. Western Union is pivoting to stablecoins to enhance cross-border speed, lower costs, and stay competitive in the evolving fintech space. McGranahan highlighted stablecoins as a means to provide customers with a stable store of value, seamless fiat
Western Union Turns Bullish on Stablecoins Amid US Regulation Read More »
