Chainlink Joins Project Pangea Push To Modernize FX Settlement For 47 Banks
Project Pangea aims to connect traditional SWIFT messaging with stablecoin-based T+0 settlement using Chainlink CCIP and Data Streams as middleware.
Crypto Briefing·
Bolivia's shift to a flexible exchange rate may stabilize currency but could alter crypto demand dynamics, impacting global stablecoin trends. The post Bolivia shifts to flexible exchange-rate system after 15 years, reshaping crypto landscape appeared first on Crypto Briefing.
Read full articleProject Pangea aims to connect traditional SWIFT messaging with stablecoin-based T+0 settlement using Chainlink CCIP and Data Streams as middleware.
Ripple's RLUSD stablecoin went live in Japan on Tuesday after receiving approval from Japan's Financial Services Agency, becoming the first foreign-issued stablecoin classified under Japan's revised Payment Services Act.
Tether briefly moved above Ethereum by market capitalization during a sharp ETH drawdown, marking a symbolic risk-off moment for crypto traders.
USDT has drawn level with ether for the second-largest cryptocurrency by market cap, briefly overtaking it earlier in June. Rising stablecoin issuance is meeting a falling ether price.
On-Demand Liquidity is Ripple’s flagship use of XRP, a way to settle cross-border payments in seconds without banks pre-funding accounts around the world. This guide explains how it works, the trapped capital it frees, and why its own stablecoin now…
Tether’s USDT stablecoin briefly overtook ether to become the second-largest cryptocurrency by market capitalization, reaching about $186.06 billion against ether’s $185.66 billion. Stablecoin issuance and a slumping ether seem to be the primary drivers behind this otherwise rare flip. Issuance Up, Ether Price Down The crossover put USDT ahead of ether ( ETH), the native […]
Invesco filed a GENIUS Act-compliant fund for stablecoin reserve management. The fund will invest in cash, Treasuries, and repos to maintain liquidity. Superstate will tokenize fund shares and manage blockchain shareholder records. Invesco has filed to launch a GENIUS Act-compliant tokenized money market fund designed for stablecoin issuers. The proposed product will provide yield-bearing, liquid […] The post Invesco Files GENIUS Act-Compliant Money Market Fund for Stablecoins appeared first on Live Bitcoin News.
StablecoinX closes its SPAC merger with TLGY and lists on NASDAQ as the first public company built on the Ethena stablecoin ecosystem. StablecoinX has officially closed its business combination with TLGY Acquisition Corp. The combined company marks a key milestone in crypto capital markets. It is now the first publicly traded pure-play stablecoin infrastructure company. […] The post StablecoinX Goes Public as First Ethena Infrastructure Company appeared first on Live Bitcoin News.