Yield-bearing stablecoins generate income by investing reserves in interest-bearing assets like US Treasuries, unlike traditional static stablecoins. Australia’s forthcoming 2025 legislation will require full reserve backing, clear ownership disclosure, and guaranteed redemption rights for stablecoins. Australian companies like Catena Digital and AUDC are developing domestic stablecoins (AUDM and AUDD) with regulatory approval and multi-blockchain support. […]

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Kraken and Trust Wallet partner to expand global access to fully collateralized xStocks, bringing tokenized equities to DeFi and retail users. Kraken, a leading crypto exchange, has partnered with Trust Wallet to expand access to tokenized equities through Backed’s xStocks product. The Trust Wallet is the largest self-custody crypto wallet in the world. This alliance […]

Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports. Trading volume for the token in that window was listed at $345 million, and the launch reportedly drew 330,000 new wallets. Rapid User Growth And Liquidity According to on-chain data and platform disclosures, Aster’s total […]

Crypto momentum is moving quickly, and BlockDAG (BDAG) is now front and center thanks to its presale scale and user adoption. Sitting in batch 30 at $0.0013, the project has neared $410 million, with daily inflows near $1 million. A launch price of $0.05 gives clear room for upside, locking BlockDAG into the list of […]

Cardano (ADA) is drawing significant attention this September as technical patterns and whale activity converge to create a potentially bullish setup. The token has spent much of the year battling key resistance levels, but optimism is growing within the community that ADA could finally be preparing for a breakout. A combination of price predictions pointing […]

From Paypal expanding its P2P Payments with crypto to Tether unveiling USA₮ stablecoin, here are the news you may have missed this week.

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IG Group to acquire 70% of Independent Reserve for $72M, expanding crypto presence in Asia Pacific and boosting digital assets. IG Group, a FTSE 250-listed global trading and investment firm, announced plans to acquire Independent Reserve, one of Australia’s largest crypto exchanges. The acquisition will enhance the presence of IG in digital assets of more […]