Stablecoin
Beijing Blocks State-Owned Firms From Stablecoin Businesses in Hong Kong
Beijing has ordered state-owned enterprises, Chinese banks, and major internet firms with Hong Kong operations to exit cryptocurrency ventures. The directive, reported by Caixin, bans their involvement in stablecoin issuance,...
Hyperliquid’s USDH Stablecoin Vote Sparks $55 HYPE Price Breakout
Hyperliquid has opened a governance vote to award the reserved ticker USDH to a stablecoin issuer that is “Hyperliquid-first, aligned, compliant, and natively minted.” This process means that multiple teams...
Bitget Wallet Launches Stablecoin Earn Plus With 10% Yield on USDC
Global savers continue to face limited returns. Bank deposits average under 2% in many regions, while money market funds and short-term Treasuries yield between 3% and 5%. With inflation eroding...
India Pressed to Act on Stablecoin Rules as Stripe Tempo Launch and $240B Supply Put Pressure on Policy
India’s regulatory debate around digital assets sharpened this week after former Reserve Bank of India (RBI) executive director G Padmanabhan urged the government to move faster on stablecoin rules. Speaking...
Paxos, PayPal Partner on USDH V2 Proposal With $20M Incentives for Hyperliquid
Paxos has released an updated version of its USDH stablecoin proposal for the Hyperliquid ecosystem, with three core upgrades designed to accelerate global adoption. The revised framework addresses community feedback...
Tether Exec Touts Stablecoins for Remittances as ‘Stablecoin Summer’ Heats Up
Tether’s head of global strategy, Marco Dal Lago, highlighted a key use case for stablecoins at the Upbit Developer Conference in Seoul – a real-world fix for slow, expensive international...
Chinese Firms Eye RMB Stablecoins for Projects, Boosting the Use of Digital RMB
Chinese enterprises involved in Belt and Road investments may soon adopt RMB-denominated stablecoins to reduce exposure to volatile local currencies, a move that could accelerate the internationalization of the digital...
ECB’s Lagarde Pushes to Make MiCA the Global Standard for Stablecoins
European Central Bank (ECB) President Christine Lagarde is making a major push to establish the EU’s MiCA framework as the global standard for stablecoins, calling for stricter oversight of all...
Ripple’s RLUSD Challenges USDT’s Dominance in Africa
Ripple is extending the reach of its US dollar-backed stablecoin, Ripple USD (RLUSD), into Africa through new partnerships with fintech platforms Chipper Cash, VALR, and Yellow Card. The move gives...
Arthur Hayes Predicts ENA 51x, ETHFI 34x, HYPE 126x by 2028; Backs Codex as First Crypto Bank
Arthur Hayes, co-founder of BitMEX, has issued one of his boldest forecasts yet, the rise of dollar-pegged stablecoins will not only reshape global finance but also supercharge decentralized finance (DeFi). ...
Sui’s Stablecoin Volume Goes Over $100 Billion in August
Sui has officially crossed $100 billion in stablecoin transfers in August alone, marking a new acceleration in on-chain usage. It is positioned above its competitors, such as Arbitrum (roughly $87...
Trading XPLUSDT? Why a Binance Futures Listing Isn’t a Spot Guarantee
Binance is once again using its powerful derivatives platform as a strategic launchpad, announcing the pre-market launch of an XPLUSDT perpetual contract. The new product, which begins trading on August...
Ripple’s Legally-Compliant RLUSD Stablecoin to Begin Distribution in Japan via SBI from 2026
Ripple and Japanese financial giant SBI Holdings have signed an agreement to introduce the Ripple USD (RLUSD) stablecoin in Japan. The stablecoin is scheduled for distribution in early 2026 and...
MetaMask Prepares to Launch Dollar-Pegged Stablecoin mUSD on Ethereum and Linea
MetaMask, the world’s most widely used Ethereum wallet provider, is introducing its own stablecoin pegged 1:1 to the U.S. dollar. The token, named MetaMask USD (mUSD), is expected to go...
US Treasury Secretary Makes Stunning Admission on Stablecoins and National Debt
US Treasury Secretary Scott Bessent has pointed out the rising influence of the stablecoin industry in addressing the country’s escalating government debt, as reported by Financial Times. He highlighted how...
Wyoming Debuts FRNT, the First U.S. State-Issued Stablecoin
Wyoming launched the Frontier Stable Token (FRNT) on August 19, 2025, becoming the first U.S. state to issue its own fully reserved U.S. dollar stablecoin. The token is now live...
Former Crypto Council Director Bo Hines to Advise Tether on US Strategy
Tether, the issuer of the largest stablecoin USDT, has just appointed Bo Hines (formerly Executive Director of the White House Crypto Council under President Donald Trump) as its new Strategic...
Japan Approves Its First-Ever Yen-Pegged Stablecoin, Backed by Government Bonds
Japan has officially entered the stablecoin race after the country’s Financial Services Agency (FSA) granted regulatory approval to JPYC Inc., a Tokyo-based fintech startup, to issue Japan’s first yen-pegged stablecoin....
South Korea to Roll Out New Legislation for Won-Pegged Stablecoins in October
South Korea is moving to regulate its domestic stablecoin market. The country’s top financial regulator, the Financial Services Commission (FSC), is set to release new legislation in October 2025 that...
Rate Cuts Threaten Profits of Stablecoin Giants Tether and Circle
Stablecoin giants Tether and Circle face a revenue challenge as upcoming US interest rate cuts threaten to reduce the substantial income they earn from interest-bearing US Treasurys. MartyParty, a crypto...
BGUSD vs RWUSD: How Bitget’s Yield-Bearing Certificate Challenges Binance’s RWA Product
The race to win over investors with yield-bearing crypto products is heating up. In a market where stablecoin holders want more than just price stability, exchanges are stepping in with...
World Liberty Financial’s USD1 Stablecoin Reaches a $2.2 Billion Market Cap in Under 90 Days
World Liberty Financial’s USD1 stablecoin is making headlines for its explosive growth, claiming a $2.2 billion market cap in less than 90 days. But the latest buzz came from a...
Bank Policy Institute Warns Stablecoin Rewards Programs by Coinbase, PayPal Could Lead to $6.6T “Deposit Flight”
The Bank Policy Institute (BPI), a major U.S. banking lobby group, is sounding the alarm over stablecoin reward programs from companies like Coinbase and PayPal, warning they could destabilize the...
Circle Shares Slide 5% Post-Market on Share Sale Plan Following 425% IPO Rally
Circle Internet Financial shares dropped more than 5% in after-hours trading Tuesday after the company announced plans to sell 10 million Class A shares, following a staggering rally of over...
Stablecoin Valuation Hits $281 Billion: Here are the Biggest Beneficiaries
The total market cap of stablecoins, the core source of liquidity for the crypto market, has surged to a new record high of $281 billion as of August 12. At...
