Stablecoin News

Stablecoin Firm Zerohash Announces Plans To Raise $100M At $1B Valuation Backed by Interactive Brokers

Zerohash, a crypto infrastructure firm specializing in stablecoin and digital asset services, is reportedly preparing to raise approximately $100 million in fresh capital at...

China’s Ant Group And Circle To Bring USDC Into Global Network, Report

Jack Ma–backed Ant Group is teaming up with Circle Financial to add USDC to its blockchain. The move was reported Thursday by Bloomberg, saying...

Australian Regulators Take Strategic Steps to Test the Viability of CBDCs and Stablecoins in a Controlled Crypto Sector

The Reserve Bank of Australia (RBA) has announced the launch of the second phase of its central bank digital currency (CBDC) research. The research comes...

Stablecoin Giant Tether Holds $8B in Gold Stored in a Swiss Vault It Built & Fully Controls

Tether Holdings SA, the El Salvador-based issuer behind the world’s largest stablecoin USDT, has confirmed that it now holds $8 billion worth of gold...

Crypto-Related Stocks Rally In Hong Kong As Stablecoin Marks Its Rising Place

On Tuesday in Hong Kong, shares of crypto‑related firms jumped as investors bet on the city’s upcoming stablecoin licensing framework. Guotai Junan International saw...

Japan’s Minna Bank Partners with Fireblocks & Solana Japan to Launch Stablecoin Pilot

Minna Bank, a leading Japanese digital banking institution, has officially announced a collaboration with Fireblocks, Solana Japan, and tech provider TIS. They aim to explore...

Chinese Giants JD.com And Ant Group Push For Hong Kong–Issued Yuan Stablecoins

Alibaba's fintech division Ant Group and e-commerce giant JD.com are urging the People's Bank of China to authorise offshore yuan stablecoins.  According to Reuters last...

Swiss Crypto Bank AMINA Becomes First Bank To Launch Support For Ripple’s RLUSD Stablecoin

AMINA Bank AG, a FINMA‑regulated crypto bank based in Switzerland, today became the first global bank to offer direct support for Ripple USD (RLUSD).  Clients...

Tether Fails to Fully Dismiss Celsius $4 Billion Lawsuit as Court Permits Core Allegations to Proceed

A U.S. bankruptcy judge has ruled that key allegations in Celsius Network’s $4 billion lawsuit against Tether will proceed, marking a major legal development...

New York AG Letitia James Urges Stronger Investor Protections In STABLE And GENIUS Acts

New York Attorney General Letitia James has called on Congress to tighten two key stablecoin bills, saying they leave investors exposed.  In a letter sent...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...