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A state-issued stablecoin is now in development in North Dakota. The state-owned Bank of North Dakota (BND) has partnered with payments giant Fiserv to launch Roughrider Coin in 2026. This US dollar-pegged token promises instant, secure transfers for local banks and credit unions, slashing days-long waits to seconds. Fully backed by reserves, the coin will honor Theodore Roosevelt’s legendary Rough Riders cavalry. BND President Don Morgan says the coin is designed to capitalize on recent changes in federal law and secure the “continued health, resilience, and relevancy of the North Dakota financial industry for its citizens.” Governor Kelly Armstrong says the “new financial frontier is here,” with the Bank of North Dakota and Fiserv poised to help North Dakota’s financial institutions embrace new ways of moving money. North Dakota is the second US state to develop a custom stablecoin. Wyoming’s Frontier Token is alread...

The Kaia stablecoin super app actually launched through Project Unify, which is a collaboration between Kaia and LINE Next that’s targeting Asia’s digital payment infrastructure right now. This cross-border stablecoin payments platform was unveiled at Korea Blockchain Week 2025, and it integrates stablecoin services under Asia stablecoin regulations for LINE Messenger’s nearly 200 million users. Just in: at our Stable Gathering, @seo_sangmin unveiled Kaia's stablecoin strategy: Stablecoin Orchestration Layer — the Kaia ecosystem for stablecoin issuance, circulation, and utilization Project Unify — Asia's stablecoin superapp by Kaia and LINE NEXT K-STAR — the KRW… pic.twitter.com/zTGKBfsk9P — Kaia (@KaiaChain) September 22, 2025 Kaia Stablecoin Super App Powers Project Unify, Line Next & Asia Payments Kaia’s Project Unify announcement showing stablecoin strategy presentation – Source: X The Kaia stablecoin super app operates as Asia’s first univ...

The crypto arm of the French banking giant Societe Generale is launching a US dollar stablecoin on the Ethereum (ETH) and Solana (SOL) blockchains. In a new announcement, the Societe Generale-FORGE says it is launching the USD CoinVertible (USDCV), its second stablecoin after the 2023 launch of EUR CoinVertible (EURCV). Says Jean-Marc Stenger, CEO of the Societe Generale-FORGE, “After the release of a MiCA-compliant EUR stablecoin EURCV, the launch of a US Dollar version USDCV was the obvious next step for Societe Generale-FORGE as market adoption of stablecoins is growing exponentially. The stablecoin market remains largely US dollar-denominated. This new currency will enable our clients, either institutions, corporates or retail investors, to leverage the benefits of an institutional-grade stablecoin.” The French bank says that the Bank of New York Mellon Corporation (BNY) will serve as its “reserve custodian, enabling seamless integration be...

First Digital Trust has taken to X to defend its First Digital USD (FDUSD) stablecoin against attacks from cryptocurrency entrepreneur Justin Sun.  In the statement, First Digital claims that “every FDUSD is securely backed 1:1 by cash and cash equivalents” and adds that the firm “remains fully solvent.” Additionally, First Digital denies “any and all claims of FDT being involved in a coordinated scheme or misappropriation of funds.” First Digital stands firm: Justin Sun’s baseless accusations won’t distract from Techteryx’s own failures— our stablecoin FDUSD remains fully backed and solvent. Read our official statement. pic.twitter.com/FndxX1mCCg — First Digital (@FirstDigitalHQ) April 3, 2025 First Digital is responding to Sun and Techteryx’s (the firm behind TrueUSD) claims that First Digital had misappropriated the vast majority of TrueUSD reserves .   This portion of the reserves, currently totaling over $500 mi...

The cryptocurrency market is deemed volatile due to many reasons. The fact that the market can note upswings influenced by the slightest change of plans and strategies is what makes it a lucrative market to explore at the moment. With Valentine’s Day around the corner, the market sentiment is currently bearish but can change anytime, as key events and festivals tend to bring impactful changes in the market. Will this day prove to be any more lucrative for Ripple (XRP) in general? Let’s find out. Also Read: Shiba Inu: SHIB Valentine’s Day Price Prediction (February 14, 2025) Ripple: New Updates Source: Bitcoin.com The Ripple ecosystem is currently busy brewing new programs for the market to take part in and explore at the moment. Ripple has recently partnered with Unicambio exchange to avail of cross-border payments in Columbia and Portugal. This significant feat will help the ecosystem robust its presence, enabling it to establish its expertise in an organized setting. Very ...

Ripple Labs says it will launch its RLUSD stablecoin on December 17 on several crypto exchanges, according to a Monday announcement. The company is also adding two high-profile former central bankers to its stablecoin advisory board to help with the rollout process. JUST IN: Ripple to launch $RLUSD stablecoin on December 17. — Watcher.Guru (@WatcherGuru) December 16, 2024 Ripple Labs will enlist an independent auditing firm to create attestations of RLUSD reserve assets and then publish them monthly. The Ripple stablecoin has seen plenty of hype around it since Ripple’s unveiling announcement earlier this year. The platform’s native cryptocurrency, XRP, is also up following the release date news. Ripple aims to compete for a piece of the rapidly growing stablecoin market with the launch of RLUSD. Currently, that market is dominated by Tether’s $140 billion USDT and Circle’s $40 billion USDC tokens. However, the momentum around Ripple Labs this year has the potent...

Leading crypto exchange Binance has accumulated more than $24 billion in inflows from user deposits in 2024 while also surpassing $100 trillion in lifetime trading volume. This growth “aligns with a surge in global adoption of digital assets,” Binance said in a Dec. 11 blog post . Recent developments including a series of regulatory victories, historic price milestones, and the launch of spot Bitcoin ETFs (exchange-traded funds) in the US, Hong King and other large markets drove “millions of users to Binance,” the exchange added. Binance Inflows Almost 3 Times Greater Than Its Next Biggest Competitor Binance’s inflows are almost 3 times greater than that of Bybit, which DefiLlama data shows is the second biggest exchange in terms of inflows after $8.2 billion made its way onto the platform.  In third place is OKX, with its inflows standing at around $5.3 billion. DefiLlama’s list does not include Coinbase and Gemini because of their inadeq...

Tether, the issuer of the leading stablecoin USDT, is one of the most profitable companies in the crypto industry. Tether is also the 18th largest holder of US Treasury bonds, surpassing three significant economies in Q3 2024. According to recently shared Q3 2024 results, Tether disclosed ownership of $102.5 billion in U.S. Treasury bonds. Paolo Ardoino, Tether CEO, went to X for comments on the matter, celebrating the company’s milestone in having more US treasuries exposure than Germany, Australia, and the United Arab Emirates (UAE). This happens as USDT increases its dominance in the cryptocurrency market, with over 70% of all stablecoins’ total capitalization. Notably, Tether’s USDT surged above the $120 billion market cap level, leading in exchange volume and increasing its relevancy. Picks for you SingularityDAO comm...

In a recent interview, Ripple CEO Brad Garlinghouse has assured that its stablecoin launch is “very close.” The highly anticipated RLUSD stablecoin has always been poised to launch in 2024. Now, Garlinghouse has said that that very launch date is a mere weeks away. The year has been an up-and-down one for the company. Although its years-long legal battle with the US Securities and Exchange Commission (SEC) has come to an end, its XRP native token has struggled throughout August. There are hopes that the incoming stablecoin could revitalize sentiment around the ecosystem. Also Read: Ripple Says 2025 is a Breakthrough Year: What it Means for XRP Ripple CEO Says Stablecoin Launch is “Weeks” Away Heading into 2024, Ripple was on a short list of cryptos with immense potential. That has not been the case at the year’s midpoint, but things are certainly looking like they are poised to turn around. A big part of that may be interest derived from one of the year...

Your guide: How to Buy Tether (USDT) in the UAE? You have come to the right place if you want to buy USDT in the UAE. In short, USDT (Tether)is a stablecoin linked to the US dollar. It takes the good things about cryptocurrencies and makes them more stable like regular money. In a crypto market that is changing quickly, especially in advanced places like the UAE, it can be very helpful to know how to buy USDT. So, if you’ve ever wondered, “How to Buy Tether (USDT) in the UAE?” you’ve come to the right place. Keep reading to find out more. Also read: ‘BRICS Bridge’ To Replace SWIFT and End Dependency on the US Dollar How Tether (USDT) and Cryptocurrency Work in the UAE? It is a stablecoin, which is a type of cryptocurrency. Its value is tied to the US dollar, which makes it a safer business choice than other cryptocurrencies. People who want to avoid the ups and downs of the crypto market like how stable it is. The UAE government supports a safe and legal setting ...

The Committee on Payment and Market Infrastructures has highlighted both the potential and the substantial challenges of adopting stablecoins in global cross-border payments, underscoring their current non-compliance with international regulations. Stablecoins, digital currencies pegged to other assets like fiat currencies, have been touted for their potential to enhance transaction speeds and reduce costs for cross-border payments. However, a recent report by the Committee on Payment and Market Infrastructures (CPMI) explores the capacity of stablecoins in fulfilling these expectations while being fully compliant with regulatory standards. The CPMI, a global standard-setting body under the Bank for International Settlements, sheds light on the various challenges and intricacies involved in integrating stablecoins into the global financial framework. Despite the potential benefits, the report underscores that potential drawbacks could significantly outweigh the advantages, highl...

In a rapidly globalizing world, SMEs in emerging economies face unique challenges in accessing the global financial system, but the rise of stablecoins offers a promising solution. Small businesses in developing countries face many financial challenges that stablecoins can address. DLTPAY, a Web3 payment and DeFi platform, offers a unified solution to access stablecoin operations and other Web3 services. Small and medium enterprises (SMEs) serve as the backbone of global economic development, comprising 90% of all businesses and accounting for 50% of worldwide employment, according to the World Bank. Their contributions span the gross domestic product (GDP) of developing and developed countries, but emerging economies depend even more on them. Overcoming financial barriers for emerging economies In Sub-Saharan Africa, a region home to 44 million SMEs, these enterprises sustain 80% of the populace, fueling economic growth and development. In Kenya, the small business sector makes up...

Tether’s CTO Paolo Ardoino believes that artificial intelligence would choose to use Bitcoin over more centralized cryptocurrencies like stablecoins. If humanity were to amalgamate with artificial intelligence in the future, Bitcoin could be the native currency of choice for sentient machine intelligence, according to Tether CTO Paolo Ardoino. Ardoino delved into this hypothetical reality in conversation with Cointelegraph journalist Joseph Hall during an interview conducted during the Plan B Summer School in Lugano, Switzerland. Pick your flag for the team photo! I channelled my inner @RunwithBitcoin @paoloardoino channels his adopted country pic.twitter.com/LN2TBdM84x — Joe Nakamoto (@JoeNakamoto) July 3, 2023 Ardoino believes that the de centralized nature of Bitcoin’s protocol makes it the natural choice for AI if it were to adopt a digital currency in the future: “I think AGI will definitely only choose Bitcoin.” AGI, or artificial general intelligence, refers to the ...

Join us as we discuss whether it’s time to consider stacking some sats and buying into some attractive altcoins. In this week’s episode of Market Talks, Cointelegraph welcomes Michaël van de Poppe, a full-time day/swing trader in cryptocurrencies based at the Amsterdam Stock Exchange who’s interested in everything related to blockchain in combination with the current financial system. He is also the CEO and founder of Eight Global, a cryptocurrency education and consultancy platform. We kick things off by getting van de Poppe’s take on the current market and how he’s feeling about things at the moment.  Generally, everyone’s views on external macro factors that impact crypto prices are mostly United States-centric. Since van de Poppe is based in Amsterdam, we find out what other macro and geopolitical factors he regularly considers when assessing the markets. After the news about the U.S. Securities and Exchange Commission cracking down on stablecoins and exchanges and also the not-so...