Stablecoin stories

Ripple's RLUSD stablecoin tops USD $1 billion market cap as firm boosts custody with Palisade acquisition and secures USD $500M strategic investment.

Openmarkets plans to raise USD $50 million to expand its DeFi capabilities and presence across Asia and the US, targeting crypto trading and asset tokenisation.

Equals Money x Railsr teams up with BVNK to enable businesses to accept USDC stablecoin payments, settled in USD within 30 seconds, simplifying crypto transactions.

Loon will develop a Canadian-dollar stablecoin to offer a domestic alternative to US-dollar stablecoins dominating Canada’s digital market.

Industry leaders warn New Zealand faces losing billions in GDP unless government acts to develop clear blockchain policy and regulatory frameworks.

Political leaders remain unaware and sceptical amid calls for clearer regulation and support as stablecoin rises amongst Canadian investors.

YY Group will use Obita’s stablecoin platform to enhance cross-border payments for its global gig workforce, boosting speed, security and inclusion.

Cloudflare launches NET Dollar, a US dollar-backed stablecoin, to enable fast, secure payments for AI-driven services on the emerging agentic web.

Obita raises $10 million to expand its blockchain-based stablecoin payment network, enhancing low-cost, compliant cross-border settlements globally.

While global banking leaders embrace stablecoins for innovation, Canada remains cautious, delaying adoption amidst evolving digital currency trends.

Enterprises are shifting to purpose-built Layer 1 blockchains like Stripe's Tempo and Circle's Arc, enhancing speed and compliance for stablecoin payments.

EBANX expands in APAC, leveraging local expertise and regulatory compliance to link 100+ merchants with 200+ payment methods amid rising digital commerce.

Real estate tokenisation lets everyday investors buy property shares via blockchain, unlocking a $60bn market shift while regulation races to keep pace.

MetaComp has completed the first cross-border payment using its CNT Carbon Stablecoin, enabling same-day EUR to CNH settlement with embedded carbon credits.

Ethereum surged in July with a 127.7% rise in institutional holdings, leading a 13.3% crypto market growth driven by altcoins, stablecoins, and new regulations.

MetaComp has launched Ripple's USD stablecoin RLUSD on its StableX platform, offering APAC institutions faster, compliant cross-border payments.

Ripple is set to acquire stablecoin payment platform Rail for USD $200M, boosting its digital asset network and simplifying cross-border payments for firms.

Singapore's Alpha Ladder Group patents a framework for carbon-backed stablecoins, linking real-world decarbonisation projects to blockchain technology for greener finance.

MetaComp urges firms to use three KYT tools for stablecoin checks after study finds single-tool setups miss up to 25% of high-risk blockchain transactions.

Despite months of sideways trading amid macro challenges, Bitcoin has surged to new highs, driven by ETFs, stablecoins, and growing regulatory clarity.