Tether’s Co-Founder Introduces Innovative Pi Protocol Stablecoin
Tether’s co-founder, Reeve Collins, has launched Pi Protocol, a new stablecoin offering yields on holdings, set to disrupt the stablecoin space on Ethereum and Solana networks.
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Coinbase Aims to Rival Tether with $86 Billion Market Cap Goal
Coinbase has set an ambitious goal to challenge Tether’s dominance by targeting its $86 billion market cap, aiming to expand its stablecoin offerings and market share. This article explores Coinbase’s strategy and its potential impact on the stablecoin landscape.
Tether and Reelly Partnership: Transforming UAE Real Estate with Stablecoin Payments
Tether unites with Reelly Tech to usher in USDT stablecoin payments for over 30,000 real estate agents, transforming property transactions in the UAE with enhanced efficiency and security.
Meow Enables Free USDC Transfers
Meow has introduced free USDC transfers, allowing users to send and receive the stablecoin without fees. This move aims to enhance the accessibility and usability of stablecoins for everyday transactions.
Tether (USDT) Integrates with Bitcoin’s Lightning Network for Faster, Cheaper Transactions
Tether has launched USDT on Bitcoin’s Lightning Network, enabling instant, low-cost transactions. This integration enhances the utility of stablecoins and marks a major step forward in scalable blockchain technology.
Crypto.com Set to Delist Tether for European Users in Compliance with MiCA Guidelines
Crypto.com announces the delisting of Tether (USDT) for European Union customers by January 31, following new compliance measures with the MiCA regulations. This strategic move comes after receiving a license to operate within EU jurisdictions.
Coinbase Phases Out Tether and Other Stablecoins in Europe Due to New EU Regulations
Effective December 14, Coinbase had delisted Tether (USDT) and five other stablecoins from its platforms in Europe in anticipation of the new MiCA regulations, but will continue supporting USDC and EURC which comply with the upcoming rules.
Ripple’s XRP Sees 11% Surge as RLUSD Stablecoin Set to Launch
XRP has witnessed a surge of 11% following Ripple’s announcement that their innovative RLUSD stablecoin has received regulatory approval, with an imminent launch on the horizon. The positive sentiment surrounding Ripple’s advancement has buoyantly impacted XRP, underscoring the interconnected optimism within Ripple’s ecosystem.
Coinbase Discontinues USDC Rewards Ahead of MiCA Compliance in Europe
Coinbase has announced the termination of its USDC Rewards program in response to the upcoming MiCA regulations, aligning with its compliance strategy in the EEA. This decision coincides with significant shifts in the stablecoin landscape, including Tether’s termination of EURT and strategic investments into MiCA-compliant solutions.
New York Regulator Nears Approval of Ripple’s RLUSD Stablecoin
The New York Department of Financial Services is poised to approve Ripple Labs’ RLUSD stablecoin, enhancing Ripple’s position in the competitive stablecoin market. The RLUSD, an overcollateralized dollar-pegged stablecoin, is expected to be launched following its approval, potentially increasing Ripple’s market influence.