The Trump family-adjacent decentralized finance (DeFi) project World Liberty Financial (WLFI) has proposed a stablecoin airdrop. Last month, the DeFi project announced plans to launch a new stablecoin called USD1, which it says is pegged to the US dollar and backed by short-term government treasuries, dollar deposits and cash equivalents. Now, World Liberty wants to … Read more
Chainlink, a decentralized oracle network that links off-chain data to blockchain systems, is taking steps that could position it as a critical component for stablecoins and tokenized real-world assets (RWAs). Its Proof of Reserves (PoR) technology, already deployed to verify asset backing, is gaining traction, and a recent partnership with a major financial hub in … Read more
Binance Kenya is pushing education, Azamra tap stablecoins for lending in Cameroon crypto, meme coin stunt disrupts crypto Africa. Educational efforts by Binance, a crypto giant and fintech lending firm in Cameroon crypto industry, and outrageous SA meme coin promotional attempts made headlines. Such is the breadth of weekly events that can unfold in the … Read more
Crypto exchanges Crypto.com and Kraken may introduce their proprietary stablecoins soon. This strategic decision may be a response to the European Union’s Markets in Crypto-Assets (MiCA) regulations, which require exchanges to comply with strict rules regarding the use of stablecoins within the region. A Bloomberg report dated 20 February 2025 hinted at new entrants like … Read more