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SBI Holdings and Startale Group Partner to Launch Regulated Yen Stablecoin for Global Settlement

Cryptonite UAE

SBI Holdings and the Startale Group have signed a memorandum of understanding to jointly develop and launch a regulated Japanese yen-denominated stablecoin. This initiative aims to provide a compliant and institutionally-focused alternative to the predominantly dollar-denominated digital currency market in global trade and settlement. The stablecoin is planned for launch in the second quarter of … Read more

Stablecoin Market Hits Record $310 Billion, Driven by Non-Yielding Coins

Cryptonite UAE

The overall stablecoin market reached a new all-time high of $310.117 billion on Saturday, December 13th, demonstrating massive growth of 52.1% over the past year (up from $203.728 billion). Market Leaders and Recent Growth The current market capitalization is approximately $309.911 billion. Tether (USDT) remains dominant with a market cap of $186.242 billion (60.10% dominance). … Read more

Paxos Launches USDG0: Omnichain Stablecoin Extends Regulated Dollar Liquidity to Hyperliquid, Plume, and Aptos

Cryptonite UAE

Paxos Labs has launched USDG0, an omnichain extension of its regulated, 1:1 dollar-backed stablecoin, USDG. This move is a major step toward making trusted money truly borderless by utilizing LayerZero’s Omnichain Fungible Token (OFT) standard. Key Features of the Omnichain Stablecoin: Single Native Asset: By using LayerZero’s OFT, USDG0 moves across chains (including new additions … Read more

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