The Central Bank of the United Arab Emirates (UAE) stated Thursday that it has accepted first US dollar-backed stablecoin – dubbed USDU, enabling compliant settlements for cryptos and derivatives. According to a press release, the stablecoin maintains 1:1 reserves backing, safeguarded in onshore accounts at companion banks. The token is issued and managed by a…
The Optimism Collective approved a proposal directing 50% of Superchain revenue towards month-to-month OP token buybacks with 84.4% assist. The 12-month program beginning in February transforms OP from a pure governance token into one straight tied to sequencer income generated throughout Base, Unichain, Ink, World Chain, Soneium, and OP Mainnet. Based on the 5,868 ETH…
The crypto-focused political motion committee Fairshake closed 2025 with $193 million in fundraising, arming the group with a large conflict chest as Congress prepares to vote on landmark cryptocurrency laws and the 2026 US midterms start to take form. Key Takeaways: Fairshake raised $193 million, strengthening its affect forward of US crypto laws and the…
The variety of XRP wallets holding greater than 1 million tokens has been climbing steadily for the reason that begin of the 12 months, even because the token’s value has slipped barely, a pattern that analysts say may level to enhancing long-term confidence within the asset. Key Takeaways: XRP “millionaire” wallets are rising once more…
Binance founder Changpeng “CZ” Zhao has pushed again in opposition to rising criticism on social media after a brief remark about “purchase and maintain” investing sparked renewed debate over market losses, change duty, and his affect on crypto markets. The controversy traces again to a put up Zhao shared on January 25, through which he…
A Solana-based meme coin launched by a pockets linked by blockchain investigators to an alleged theft of U.S. government-controlled crypto belongings has collapsed virtually totally inside hours of buying and selling. The token, named John Daghita and buying and selling below the ticker LICK, was created on the Pump.enjoyable launchpad and briefly surged to a…
Ripple has launched Ripple Treasury, a brand new company treasury platform that mixes GTreasury’s enterprise software program with Ripple’s blockchain infrastructure, marking a deeper push into institutional finance. Key Takeaways: Ripple has launched Ripple Treasury, integrating GTreasury’s software program with its blockchain to unify money and digital asset administration. The platform is the primary main…
Crypto alternate OKX has launched OKX Pay and the OKX Card in Europe, introducing what it describes as a compliant approach for customers to spend stablecoins on on a regular basis purchases throughout the European Union. Key Takeaways: OKX has launched OKX Pay and a Mastercard-backed card in Europe to allow on a regular basis…
Crypto large Tether Holdings has been shaking up the rising gold market with huge metallic hoarding over the previous 12 months. The stablecoin issuer now holds round 140 tons of gold, based on CEO Paolo Ardoino. In an interview with Bloomberg, Ardoino spoke that Tether goals to proceed to domesticate its huge earnings from holding,…
Coinbase has begun backend testing of Flipcash’s in-development stablecoin, USDF, as a part of a broader push to let companies difficulty their very own branded, dollar-backed tokens by way of its platform. Key Takeaways: Coinbase is internally testing Flipcash’s USDF beneath its Custom Stablecoins program. The characteristic lets companies difficulty USDC-backed tokens for funds and…