TrueX Launches as a Non-Custodial Stablecoin-Native Exchange with $9 Million Seed Funding

September 3, 2026September 19, 2024 by Vaibhavv Ali

On September 18, TrueX officially launched, positioning itself as a “non-custodial, stablecoin-native exchange” designed to enhance security and trust in cryptocurrency trading. The platform has successfully raised $9 million in seed funding from notable investors, including Paxos, the Solana Foundation, and Aptos. Settlement Currency and Market Position TrueX will primarily utilize PayPal USD (PYUSD), a … Read more

Revolut Sets Sights on Stablecoin Launch to Expand Crypto Offerings

September 3, 2026September 19, 2024 by Vaibhavv Ali

London-based fintech group Revolut is poised to enhance its cryptocurrency services with the introduction of its own stablecoin. This development positions Revolut alongside other major fintech players, such as Ripple, PayPal, and BitGo, as the competition in the stablecoin sector intensifies. Advanced Stages of Development Valued at an impressive $45 billion, Revolut recently obtained a … Read more

BNB Chain Enhances Stablecoin Infrastructure for Seamless Digital Transactions

September 3, 2026September 18, 2024 by Vaibhavv Ali

BNB Chain, the world’s largest smart contract blockchain, is making significant strides to establish itself as the primary infrastructure for stablecoin payments and digital financial transactions. This initiative is part of a broader strategy to bridge the gap between Web2 and Web3, aiming to make cryptocurrencies as practical for everyday transactions as traditional money. The … Read more

USDC Revolutionizes Local Payments in Latin America

September 3, 2026September 18, 2024 by Vaibhavv Ali

In a significant development for businesses in Latin America, Circle, the company behind the popular stablecoin USDC, has partnered with leading banks to enable direct local bank transfers. This innovation allows companies to access USDC directly from their local banks, facilitating quicker and more efficient transactions in their home currencies, such as Brazilian Reais (BRL) … Read more

USDT Dominates Stablecoin Market Amid Rising Popularity of TON

September 3, 2026September 18, 2024 by Vaibhavv Ali

The stablecoin market continues to be significantly influenced by Tether’s USDT, which maintains its position as the leading dollar-backed stablecoin, commanding the majority of the $172 billion market. This dominance remains apparent even as the TON blockchain, originally developed by Telegram and now managed by the TON Foundation, experiences a surge in popularity, particularly in … Read more

BitGo to Launch Innovative Dollar-Backed Stablecoin USDS with Liquidity Rewards

September 3, 2026September 18, 2024 by Vaibhavv Ali

At the recent Token2049 conference in Singapore, BitGo, a prominent crypto custody firm, unveiled plans to launch a dollar-backed stablecoin, USDS, in 2025. This new offering aims to carve out a unique niche in the crowded stablecoin market by introducing a rewards system for institutions that contribute liquidity to the network. What Makes USDS Different? … Read more

USD Coin (USDC) Expands to Sui Network, Enhancing Cross-Chain Usability

September 3, 2026September 17, 2024 by Vaibhavv Ali

In a significant development for the stablecoin and blockchain ecosystems, USD Coin (USDC) is set to launch on the Sui network, marking an important expansion for the second-largest stablecoin by market capitalization. Jeremy Allaire, the co-founder and CEO of USDC issuer Circle, announced this major integration on September 17 via X, further extending USDC’s reach … Read more

Chainlink Labs and Fireblocks Partner to Transform Stablecoin Issuance and Management

September 3, 2026September 17, 2024 by Vaibhavv Ali

On Tuesday, Chainlink Labs and Fireblocks unveiled a new partnership aimed at revolutionizing the issuance and management of stablecoins. This strategic collaboration integrates Fireblocks’ robust custody solutions with Chainlink’s decentralized oracle network, creating a comprehensive platform designed to streamline stablecoin operations for financial institutions. Uniting Strengths for a Complete Solution The partnership combines Chainlink’s decentralized … Read more

Tether Mints $1 Billion in USDT on Ethereum: Market Reactions and Future Implications

August 26, 2026September 16, 2024 by Vaibhavv Ali

On September 16th, Whale Alert, a prominent blockchain analytics platform, flagged a significant transaction involving Tether (USDT) on the Ethereum network. Tether minted $1 billion worth of USDT tokens at the Tether Treasury, drawing considerable attention and speculation from the cryptocurrency community. In response to the alert, Tether’s CEO, Paolo Ardoino, provided clarity on the … Read more

Circle Partners with Sony Block Solutions Labs to Boost USDC Adoption on Soneium Blockchain

September 3, 2026September 16, 2024 by Vaibhavv Ali

In a groundbreaking development for the Web3 space, stablecoin issuer Circle has announced a strategic partnership with Sony Block Solutions Labs to enhance the adoption of its USDC stablecoin on the new Soneium blockchain. This collaboration, revealed on September 15, aims to integrate Circle’s Bridged USDC Standard into Soneium, marking a significant milestone in the … Read more