Stellar (XLM) is on a bullish surge as altcoins in the broader digital asset market appear to have regained their bullish momentum. The XRP rival has recorded significant investor interest, resulting in a trading volume spike of over 50%.
Ethena has ripped over 17% in the past 24 hours, breaking out of a long-standing falling wedge pattern and igniting bullish momentum that could send prices soaring toward $0.70.
Trading at $3.117 at press time, Toncoin (TON) has witnessed a remarkable 7.3% price surge within the last 24 hours, sparking widespread interest among cryptocurrency investors and market observers. Originally developed by Telegram and now maintained by the TON Foundation, Toncoin is built on The Open Network, a high-throughput blockchain designed for fast, scalable transactions.
The new network will use stablecoins such as USDC and EURC to help financial institutions facilitate global money movement and settlement.
TL;DR Circle unveiled a new payments network (CPN) that enables near-instant international transfers using stablecoins like USDC and EURC. The system aims to replace traditional processes by eliminating delays and high fees through blockchain technology and 24/7 operation.
The altcoins have been badly hit in this current bull market. Will Avalanche (AVAX), Toncoin (TON), and Kaspa (KAS) be able to recover?
Circle, the issuer behind USDC and EURC stablecoins, is launching a new global payments system that will streamline cross-border bank transactions. According to a press release on Apr.
USDC's supply has risen to just under $61 billion as of April 19, up from $44 billion at the start of the year.
The Circle Payments Network will leverage regulated stablecoins led by USDC and EURC. The CPN will connect global banks, and VASPs to outpace legacy systems like SWIFT. Circle Internet Financial, a top-tier stablecoins issuer, announced the launch of Circle Payments Network (CPN), a blockchain-based platform to connect global financial institutions.
USDC's accelerated growth appears increasingly tied to its regulatory clarity and institutional appeal, particularly as Circle advances plans for a potential IPO.
Circle, the FinTech firm behind the $60 billion USDC stablecoin, is reportedly launching a new payments and cross-border remittance network. According to a report Monday (April 21) by CoinDesk, invitations were sent to industry stakeholders for a launch event April 22 at Circle's headquarters in New York featuring a presentation by CEO Jeremy Allaire.
Circle, the firm behind the $60 billion USDC stablecoin, is set to launch a new payments and cross border remittance network Tuesday to rival Mastercard and Visa. CoinDesk's Christine Lee hosts "Chart of the Day.
Stellar just broke above key resistance levels. With momentum building and buyers stepping in, could this be the start of a bigger rally?
Stellar (XLM) is riding a bullish wave as the broader cryptocurrency market gains fresh momentum. Riding the coattails of Bitcoin's upward run, XLM has risen 7% in the last 24 hours, marking one of its most noteworthy swings in weeks.
Stellar (XLM) has emerged as a standout performer in the current short-term cryptocurrency market rally, outpacing some of its rivals, including XRP.
The TON blockchain revealed important milestones over the past month, pushing its token price up by 4% in just 24 hours.
Handling USDC disputes has always been a tricky part of using stablecoins. Once you send a payment on-chain, there is usually no way to reverse it—no refunds, no chargebacks, and no easy fix if something goes wrong.
Circle introduces a new payments network targeting global remittances.
Crypto prices have started the year on a strong note, with Bitcoin surging to over $87,500 and Ethereum rising to $1,340. The total market cap of all cryptocurrencies tracked by CoinMarketCap jumped to $2.76 trillion. This article provides a forecast for top tokens like Stellar Lumens (XLM), Decentraland (MANA), and Stacks (STX).
Toncoin (TON) is trading in the lower part of the chart between the support of $2.50 and the high of $4.00.
XRP price is defending the support level at $2, but it has also failed to make meaningful gains in recent weeks as traders remain cautious because of macroeconomic concerns. One analyst now believes that if Ripple fails to make any gains, it will face a massive selloff from whales and top holders, which makes it
The crypto market has largely consolidated over the past week, as bulls attempt to regain control.
Converge Blockchain:- Carlos Domingo, founder and CEO of Securitize, has announced the next step for their new EVM blockchain, Converge. Announcing in a X post, CEO Dormingo said that the to-be launched blockchain will leverage Arbitrum and Celestia tech to develop their RWA-focused chain.
Stellar (XLM) is making quiet but significant moves on the crypto market, pulling ahead of rival XRP in the latest 24-hour trading session. According to CoinMarketCap data, XLM is up 3.32% in the last 24 hours to $0.243, remaining in the green while XRP traded in the red, down 1.43% in that time frame to $2.07.
Binance has announced the launch of its 68th project on the Binance Launchpool, featuring Initia (INIT), an omni-chain rollups network designed to enhance the capabilities of appchains.
Circle, the issuer behind the USDC stablecoin, has officially introduced the Refund Protocol—an advanced smart contract framework developed by Circle Research.
TON Festival is the largest cross-marketing collaboration ever launched on Telegram , unlocking access to a potential 100M+ user base . Designed as a high-traction virtual event , it's set to become one of the most impactful Web3 festivals to date.
Panama City has joined the growing list of global jurisdictions that accepts crypto payments.
Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world assets and decentralized finance (DeFi). According to the announcement, a testnet will be live in the coming weeks, with a mainnet launch later in 2025.
Crypto payments protocol AEON is partnering with Stellar to accelerate the adoption of crypto for payments across Southeast Asia.
TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.
Activities in the broader digital asset space show that Stellar (XLM) is gaining the attention of large investors. In the last 24 hours, trading activities have spiked as a total of 49,555,947 XLM have been moved on-chain.
Stellar, a superfast and low fee-public blockchain, says it plans to hold $3 billion in real-world asset (RWA) value and power $110 billion in RWA volume by the end of 2025.
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.
Due to regulatory pressure, Ethena GmbH, creator of dollar-backed stablecoin USDe, will end operations in Germany. BaFin is the German authority that enforces regulations.
A launch to $10 looms
An unusual transaction was tied to Stellar (XLM), a protocol named XRP's biggest rival. Three transactions that crypto analytics platform Whale Alert spotted show signs that XLM whales are back in action.
The TRUMP token team has sparked fresh controversy by quietly removing $4.6 million in USDC from its liquidity pool ahead of a $320 million token unlock, fueling trader concerns about potential volatility and insider activity. The post Is TRUMP Token About to Crash? Devs Quietly Remove $4.6M USDC From Liquidity Pool appeared first on Cryptonews.
Forget about Bitcoin (BTC -1.98%). Forget about speculative meme coins.
Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens.
Official Trump (TRUMP) developers drained $4.6M USDC from the liquidity pool, bridging the proceeds to Ethereum.
Ethena Labs, the company behind the synthetic stablecoin USDe, announced on April 15 the closure of its German entity, Ethena GmbH, and the withdrawal of the application for authorization under the European regulation MiCAR (Markets in Crypto-Assets Regulation). The decision comes following an enforcement action by the German financial supervisory authority, BaFin, which has ordered the company to cease the public sale of USDe in German territory.
Digital currencies traded in the red on Wednesday as Bitcoin failed to hold above the key region of $85,000. Amidst the uncertainty, layer1 blockchain Sui Network attained a crucial milestone in its DeFi journey.
Alchemy Pay has partnered with Ethena Labs to enable direct fiat purchases of USDe and ENA using regular payment methods.
Ethena Labs has agreed to exit the German market after regulator BaFin cited "serious deficiencies" with USDe compliance.
Ethena Labs is officially closing its German branch and EU operations after a previous MiCA application rejection. For the past month, the firm has been preparing to withdraw from this market.
Circle will deploy its stablecoin, cross-chain transfer protocol, and wallet on layer 1 blockchain Monad's mainnet when it goes live.
Inquiries about the USDC revenue split between the two companies began in 2023 while Gary Gensler was still head of the SEC, according to correspondence.