Stablecoin
GENIUS Act Blocked After Senate Democrats Object to Security and Optics
The U.S. Senate’s failure to advance the GENIUS Act drew sharp criticism from Treasury Secretary Scott Bessent. He warned the decision could damage the country’s ability to lead in digital...
Meta Hires Ripple Veteran Ginger Baker for New Stablecoin Product Push
Meta is exploring stablecoin payments again for its platforms, nearly three years after regulators halted Meta’s Diem digital currency project. The revived discussions come as institutional interest in stablecoins rises...
Tron Network Hits 99.7% Block Production Efficiency – What’s Behind the Surge?
The Tron Network has made great strides by attaining 99.7% efficiency in block production. The network’s advancement demonstrates its transformation into a stable, high-throughput, reliable blockchain in the industry. Tron’s...
World Liberty Financial’s Airdrop: Exclusive USD1 Distribution—Are You Eligible?
World Liberty Financial (WLF), backed by President Donald Trump, has initiated the next phase of its token distribution strategy by launching a snapshot voting process, targeting the USD1 stablecoin distribution...
With $230B in Stablecoins, Is Big Money Ready to Flow Into Crypto?
The stablecoin market has just crossed an important milestone, with its total market cap surpassing $230 billion. This significant figure, as reported by IntoTheBlock, signals that there may be more...
Kyrgyzstan to Launch Gold-Backed, USD-Pegged Stablecoin USDKG by Q3 2025
Kyrgyzstan is set to debut a gold-backed stablecoin, USDKG, by the third quarter of 2025. Backed by the nation’s Ministry of Finance gold reserves and pegged 1:1 to the U.S....
Ripple’s $25M Gift in RLUSD Shows How Crypto Can Fund Education at Scale
Ripple has pledged $25 million to support U.S. classrooms and teachers, a major move in educational philanthropy announced right at the start of Teacher Appreciation Week. The digital asset infrastructure...
Warren Targets UAE–USD1 Deal While GENIUS Act Loses Bipartisan Support
Senator Elizabeth Warren is pushing the U.S. Senate to pause a vote on the GENIUS Act, a major proposed stablecoin regulation bill. Her call for delay follows news of a...
2025 Could Be Stablecoins’ Breakout Year as Adoption Hits Every Level
The stablecoin market is showing some mixed signals right now. According to blockchain analytics firm Nansen, exchange balances of stablecoins had recently dropped. Balances fell from $67 billion in March...
Goldman Sachs Rolls Out Crypto Plans at TOKEN2049 in Dubai
Goldman Sachs is making a bigger push into digital assets. The bank just unveiled plans to ramp up its crypto trading and invest more heavily in tokenization. That’s an industry...
Binance Lands $2 Billion From MGX, Deal Done Entirely in USD1 Stablecoin
Abu Dhabi-based tech investment firm MGX has finalized a $2 billion investment in Binance using USD1, a dollar-backed stablecoin developed by World Liberty Financial. The deal, announced during the TOKEN2049...
Ripple offers to acquire Circle $USDC stablecoin issuer, Bloomberg reports
To expand its footprint in the stablecoin market, Ripple reportedly made a $4 billion to $5 billion takeover offer for Circle Internet Financial, the issuer of the widely-used USDC stablecoin....
Circle Gets Regulatory Go-Ahead in Abu Dhabi as USDC Growth Accelerates
Circle, the issuer of the USDC and EURC stablecoins, has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate as a...
UAE’s First Regulated Stablecoin to Be Issued by First Abu Dhabi Bank
Three major financial institutions in the United Arab Emirates — International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB) — have announced plans to launch a new stablecoin...
The S&P, Bitcoin Dominance, and a Brewing Altcoin Setup – Here’s What’s at Stake
Right now, one of the biggest things traders are watching is Bitcoin dominance, and how it’s moving through some pretty familiar patterns. Bitcoin dominance seems to follow certain patterns, especially...
Circle Introduces CPN for Global Payments; How Does It Stack Up to XRP?
Stablecoin issuer Circle announced its Circle Payments Network (CPN), a new infrastructure designed to facilitate global cross-border payments using regulated stablecoins such as USDC and EURC. The goal is to...
Ripple’s RLUSD Stablecoin Goes Live for Lending, Borrowing on Aave V3
Ripple’s US dollar-pegged stablecoin, RLUSD, gained new utility with support on the Aave V3 Ethereum Core Market. This allows institutional/DeFi users to supply/borrow RLUSD, although pool activity was minimal right...
Four Bullish Reasons That Could Soon Flip The Crypto Market
Key economic signals show that more money is entering the financial system, with a good portion flowing into the crypto market. As explained by an analyst, four factors are driving...
Stablecoins Processed $14 Trillion in 2024, Exceeding Visa: Bitwise Data
In what’s a major milestone, stablecoin transaction volume surpassed Visa’s global total for the first time in 2024. A new Bitwise report shows stablecoins processed close to $14 trillion in...
MoonPay CEO Backs State-Federal Parity in US Stablecoin Legislation
MoonPay CEO Ivan Soto-Wright has voiced strong support for achieving parity between state and federal oversight in forthcoming US stablecoin legislation. He advocates for state-regulated stablecoin issuers to have equal...
sUSD Crashes Below $0.77: Synthetix Faces Challenges After Major Protocol Changes
The sUSD, an EOS-based synthetic asset, has tumbled to $0.77, raising eyebrows among investors. This depeg occurs after new changes were made to the Synthetix protocol, aiming to enhance capital...
USDe Operations Shift to BVI as Ethena Closes German Subsidiary
Ethena Labs has officially pulled out of Germany and is no longer seeking MiCAR licensing. This exit comes weeks after shifting stablecoin operations to its offshore entity in the British...
Can USDC Catch Up? Stablecoin Market Heats Up as Tether Holds the Top Spot
Stablecoins have experienced an exponential rise over the past few months, with Tether’s USDT maintaining its position as the market leader. However, Circle’s USDC, although relatively new, has rapidly gained...
Independent Auditors Confirm 1:1 Backing for First Digital’s FDUSD
Hong Kong-based crypto custodian First Digital Labs shared its latest report showing its FDUSD stablecoin remains fully supported by cash or similar holdings. The report, for the period ending March...
Traders Positions to Buy the Dip as Over $1.2B USDT Flows Into Exchanges via Tron Network
Between April 1 and April 8, over $1.2 billion worth of Tether (USDT) flowed into centralized exchanges, primarily through the Tron blockchain. This movement suggests active repositioning by crypto traders...
