Hong Kong-based First Digital, a prominent player in digital asset custody and trust services in Asia, proudly announces that its stablecoin, First Digital USD (FDUSD), has achieved a significant market capitalization of US$1 billion. This milestone underscores FDUSD’s rapid and widespread adoption within six months of its listing, establishing itself as Hong Kong’s inaugural truly […]
Mantle, a leading DAO-led web3 ecosystem centered around Ethereum layer 2 (L2) Mantle Network, and Ondo Finance, a pioneer in institutional-grade blockchain-enabled investment products, have unveiled the USD Yield ($USDY) token within the Mantle Ecosystem. This milestone follows the introduction of the Ethereum L1 to Mantle Network L2 bridge for $USDY, marking a significant stride […]
Visa, a global leader in payments, announced its next step in modernizing cross-border money movement. Visa is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain and is working with merchant acquirers Worldpay and Nuvei. Through live pilots with issuers and acquirers, Visa has already moved millions of USDC between its partners over the […]
