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X @Ripple
Ripple· 2026-01-29 17:14
RT Jack McDonald (@_JackMcDonald_)The December $RLUSD monthly independent attestation is now live! Recent highlights include:1/ RLUSD is officially listed on @binance with XRPL support coming soon 👀2/ @LMAX’s global marketplace has integrated RLUSD as core collateral – accelerating institutional stablecoin adoption and cross-asset mobility across crypto + traditional markets3/ RLUSD was ranked #2 on @decrypt’s fastest-moving stablecoin of 2025 list with a velocity of 71 → market cap is important, but the ab ...
X @The Block
The Block· 2026-01-29 15:02
Stablecoin growth stalls after October shock as Base leads transaction volume: ARK Invest https://t.co/FGsNVC6SKi ...
UAE Approves First Central Bank‑Registered USD Stablecoin
Yahoo Finance· 2026-01-29 13:37
Core Insights - Universal launched USDU, the first USD-backed stablecoin registered by the UAE's central bank, amidst a global push for clearer regulations on stablecoins [1][2] - The approval of USDU by the UAE central bank signifies a move towards trust in digital currencies, as it allows for legal use in the UAE's financial system [1][4] Group 1: USDU Overview - USDU is a digital token designed to maintain a value close to $1, functioning like a digital cashier's check on blockchains [2] - It is issued by Universal Digital Intl Limited, regulated in Abu Dhabi, and registered as a "Foreign Payment Token" for institutional use in digital-asset trades [2][3] Group 2: Regulatory Context - UAE regulations require crypto payments and derivatives to be settled in fiat currency or an approved token, which USDU now satisfies [3] - The UAE aims to position itself as a regulated crypto hub, adopting stablecoins with tighter oversight compared to other regions [5] Group 3: Trust and Compliance - Universal claims that USDU holds dollars 1:1 in onshore UAE bank accounts, with monthly attestations to ensure trust in reserves [4][5] - This model is similar to how other large stablecoin issuers explain their reserve strategies, enhancing user confidence [4][5] Group 4: Target Market and Use Cases - USDU is targeted at banks, exchanges, and large trading desks, focusing on compliance rather than speculative trading [6] - Aquanow serves as the global distribution partner, facilitating conversions between USDU and local currencies, supporting domestic settlements [6]
X @Token Terminal 📊
Token Terminal 📊· 2026-01-29 13:20
RT BMNR Bullz (@BMNRBullz)ETHEREUM IS THE STABLECOIN BACKBONE OF GLOBAL FINANCEEthereum is the largest network by stablecoin supply.🔹 Nearly 4M users🔹 Over $8T transferred every quarter🔹 Dominant settlement layer for stablecoinsThis isn’t speculation.It’s real money moving on-chain at scale.If stablecoins are the new dollars,Ethereum is the infrastructure they run on.$ETH ...
X @Token Terminal 📊
Token Terminal 📊· 2026-01-29 12:23
RT Hylo (@hylo_so)hyUSD: The most decentralized and productive stablecoin on @solana> Direct mint/redeem access to underlying reserves. No middleman.> Fully transparent reserves. Verify anytime, on any block explorer. ...
X @Token Terminal 📊
Token Terminal 📊· 2026-01-29 11:53
RT Joseph Young (@iamjosephyoung)ethereum is the largest network by stablecoin supply.nearly 4 million users sending over $8 trillion every quarter on ethereum. https://t.co/VGUnBaPiO2 ...
UAE Debuts First Central Bank-Approved Stablecoin USDU
Yahoo Finance· 2026-01-29 10:59
Core Insights - The Central Bank of the United Arab Emirates has approved USDU, the first USD-backed stablecoin in the country, under the Payment Token Services Regulation [1][2] - USDU is now part of the regulated payment system in the UAE, ensuring it operates within the banking framework [2] - Universal Digital has become the first Foreign Payment Token Issuer registered by the UAE central bank, managing and issuing USDU [3][4] Regulatory Structure and Issuance Model - USDU is issued and managed by Universal Digital, operating under the Financial Services Regulatory Authority at Abu Dhabi Global Market [3] - The stablecoin is backed one-to-one by US dollars, with reserves held in safeguarded on-shore accounts at Emirates NBD and Mashreq [4] - The regulatory framework provides legal clarity on issuance, custody, and reserve handling for USDU [4] Institutional Interest and Market Maturation - There is growing institutional interest in regulated digital-value instruments, with USDU's introduction seen as a timely step for market maturation [5] Parallel Developments in Crypto Use - Dubai Insurance has launched a crypto insurance wallet, allowing policyholders to pay premiums and receive claims in digital assets, including stablecoins [6] - The wallet operates on infrastructure from Zodia Custody, focusing on institutional security and regulatory alignment [7]
X @AscendEX
AscendEX· 2026-01-29 08:13
📰 #AscendEX Daily Updates🔷South Korea’s ruling party finalizes the "Digital Asset Basic Act".🔷The total market cap of tokenized gold and silver reaches $6 billion.🔷Fidelity to launch stablecoin FIDD on Ethereum.#AscendEX #Crypto #CryptoNews https://t.co/3Hn6mCyCBb ...
X @Cointelegraph
Cointelegraph· 2026-01-29 07:00
🔥 NEW: Ethereum leads all networks in stablecoin supply with usage accelerating, both transfer volume and monthly active senders hit all-time highs, per Token Terminal. https://t.co/Sy7lZyiqUz ...
X @CoinMarketCap
CoinMarketCap· 2026-01-29 01:25
LATEST: ⚡ Coinbase is testing Flipcash's upcoming USDF stablecoin as part of its new "Custom Stablecoins" feature that will allow businesses to create their own branded, dollar-backed tokens collateralized by USDC. https://t.co/F0AMA1fUOQ ...