Stablecoin News

South Korea’s President Lee Pushes Bill Allowing Local Companies To Issue Stablecoins

South Korea’s newly elected President, Lee Jae-myung, on June 3, moved swiftly to fulfil his campaign promise by introducing legislation that allows local firms...

Tether CEO Announces Plans to Open-Source Its Bitcoin Mining Operating System (MOS)

Tether CEO Paolo Ardoino announced plans to open-source its Bitcoin Mining Operating System (MOS), aiming to democratize access to mining technology. By making MOS...

Germany’s Largest Bank Deutsche, Considers Issuing Stablecoin As Crypto Regulations Emerge

Deutsche Bank is weighing new steps in digital assets as regulators create clearer rules. In an interview, the bank’s head of digital assets, Sabih...

Circle’s IPO Sends Co-Founder & CEO’s Wealth Past $1.7 Billion, CRCL Market Cap Crosses $16B

Circle Internet Group Inc. made a splash on its first day of trading, as shares nearly tripled from their offering price. The company priced...

Hong Kong Confirms Stablecoin Ordinance Will Take Effect on August 1, 2025 Marking Major Step in Crypto Regulation

The Hong Kong Special Administrative Region (HKSAR) government has officially confirmed that the long-anticipated Stablecoin Ordinance (Cap. 656) will come into effect on August...

Uber Plans To Use Stablecoins To Slash Cross-Border Money Transfer Costs

Uber Technologies Inc. is evaluating the use of stablecoins as a payment option, its CEO, Dara Khosrowshahi, announced at the Bloomberg Technology Summit on...

Circle (NYSE: CRCL) Opens On the NYSE at $69 Per Share, up 122.5% from its $31 IPO price, Signaling Massive Demand

Circle (NYSE:CRCL), the second-largest stablecoin issuer in the world, posted a strong first-day performance. The stock witnessed an incredible rise and kicked off on opening...

Tether Invests In Chilean Exchange Orionx To Boost Cross-Border Payments

Tether has invested in Orionx, a leading digital asset exchange in Chile that builds systems for sending money across borders. The strategic investment was...

Limited Raises $7M Seed To Expand Self-Custody Stablecoin Banking Platform

Limited, the first self-custody stablecoin banking platform offering premium financial services worldwide, announced a $7 million Seed funding round led by North Island Ventures. https://twitter.com/limitedgrouphq/status/1929587165111242922 Existing...

Binance Dominates 2025 Stablecoin Market With 59% Share, Attracting $180 Billion Year-to-Date

Binance currently leads all centralized cryptocurrency exchanges in stablecoin reserves, holding $31 billion in USDT and USDC combined. According to calculations by CryptoQuant, this accounts...
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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...