Global #stablecoins.

Ripple's RLUSD stablecoin experienced a significant increase in activity over the past 24 hours, with over 15 million RLUSD moved across various transactions.

Tether (USDT) emerged as the leading contributor to stablecoin market growth, adding $532.10 million, while Circle's USDC followed with $132.77 million.

Following the demise of Tether's EURt, a wave of banks are entering the euro-backed stablecoin market.

Tether, the issuer of the USDT stablecoin, has made a strategic investment in StablR, a European startup focused on euro-denominated stablecoins.

Ethena Labs is gearing up for the launch of its innovative synthetic stablecoin, USDe, on December 16, 2024.

Tether, the leading stablecoin issuer, has received approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate within the region.

Tether's USDT stablecoin has continued its impressive growth trajectory, reaching a new all-time high market capitalization of $135 billion.

Brazil's central bank, Banco Central do Brasil (BCB), is considering a significant regulatory move that could impact the use of stablecoins within the country.

President-elect Donald Trump has nominated Howard Lutnick, the Chairman and CEO of Cantor Fitzgerald, as the next U.S. Secretary of Commerce.

In a recent move that highlights the growing importance of the Tron blockchain in the stablecoin ecosystem, Tether (USDT) minted $1 billion in its stablecoin, USDT, on the Tron network with zero transaction fees.

Tether, the leading stablecoin issuer, has launched Hadron, a cutting-edge platform designed to tokenize real-world financial assets.

During the recent Hong Kong Fintech Week, The Cryptonomist had the opportunity to speak with Mr. King Leung, Global Head of Fintech, Financial Services, and Sustainability at InvestHK.