Adoption
Brazilians are turning to stablecoins to protect savings from inflation
The Brazilian Real continues to struggle to hold its value against inflation, prompting Brazilians to turn to stablecoins.
Soumen Datta 2 min read
Stablecoins News
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
Coverage footprint 5.8%
News sentiment 47 /100
Top Stablecoins Stories
Stablecoins
Palau reportedly partners with Ripple to launch national stablecoin
The archipelago of over 500 islands is also working on issuing NFT ID cards to its digital residents.
Stablecoins
Japan to lift ban on foreign-issued stablecoins in 2023
Remittances through these stablecoins are limited to 1 million yen ($7500) per transaction.
Latest Stablecoins News & Analysis
Stablecoins
USDN to become WINDX – a multi-collateralized soft-pegged asset
Ivanov explained in an AMA today that the USDN stablecoin is set to become multi-collateralized and index asset for WAVES ecosystem.
Stablecoins
Adoption grows as more than $7T settled with stablecoins in 2022
The total value settled with stablecoins this year surpassed the settlement value at Mastercard, which processed around $2.2 trillion in value in 2022.
Stablecoins
Waves Platform CEO announces launch of new stablecoin
Sasha Ivanov announced launch of new stablecoin and addressed Twitter user concerns surrounding depegging.
Analysis
Wave Labs reveals DAXA warning caused significant damage to WAVES token
Waves Labs reports that DAXA warning led to increased short selling of WAVES token, causing liquidity issues and market instability.
Exchanges
BUSD balance on exchanges down $6B over 30 days
Current BUSD balance held by exchanges retreated back to $15 billion.
Stablecoins
Analysis of on-chain stablecoin data reveals decline in USDT dominance
Demand for USDT remains high, but USDT dominance in the stablecoin market has decreased as other stablecoins like USDC and BUSD have risen.
