NewsFeeds: Stablecoins
Stablecoin news: USDT and USDC supply, reserves and audits, new issuers and payment rules, rewritten by AI in our own words, credited and linked.
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Mon 2 Nov
RD Technologies upgrades cross-border payments with stablecoin settlement push
RD Technologies has upgraded its enterprise cross-border payments and digital finance ecosystem, working with Stanbic Bank Ghana on a bank-led trade settlement solution using stablecoin technology for Ghanaian firms paying Asian suppliers. It is also partnering Transika on settlement models and backing its RDUSD stablecoin.
China Merchants Bank and others add e-CNY wallet statement printing to digital yuan app
China Merchants Bank, Postal Savings Bank of China and Agricultural Bank of China have launched wallet statement printing in the digital yuan app, per the e-CNY operations centre. Users can request PDF statements for visas and credit applications or download Excel transaction details for reconciliation.
CoinDesk Research says stablecoin market value reached $306bn in October
CoinDesk Research reported that the total stablecoin market value rose 0.10% month on month to $306bn in October, with USDC down 2.80% to $72.3bn and Tether leading at $183bn. Tokenised real-world assets onchain grew 2.92% to $34.5bn, hitting a record $34.9bn on 16 October.
Sun 1 Nov
SomaXBT says Binance attacker laundered about $242m via Tron in two days
SomaXBT, a chain analyst and SEAL contributor, said the attacker behind the Binance theft moved about $242m through Tron in two days. Of roughly $6.28bn of the stolen assets on Tron, about $249m remained movable after Tether froze 378.7m USDT, with about $194m bridged or swapped out.
Previous related news
- Binance says withdrawal levels stabilising at normal, expected on-chain activity
- Binance restores POL, USDT and USDC withdrawals on Polygon
- Symbiosis says it spotted attempt to move Binance hack funds through its protocol
Whale Alert says 348,533,038 USDT moved from unknown wallet to Binance
Whale Alert reported that 348,533,038 USDT, worth about $348m, was transferred from an unknown wallet to Binance.
Whale Alert says 254,123,678 USDT moved from Binance to unknown wallet
Whale Alert reported that 254,123,678 USDT was transferred from Binance to an unknown wallet, a transaction valued at about $254m.
Whale Alert says 200m USDC moved from Binance to unknown wallet
Whale Alert reported that 200,000,000 USDC, worth about $200m, was transferred from Binance to an unknown wallet.
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