Stablecoin News

Tether Targets U.S. Market Entry with Upcoming Stablecoin Launch Slated for Rollout Later This Year

Tether, the issuer behind the world’s most widely used stablecoin, USDT, is preparing to officially enter the United States domestic market with a new...

U.S. SEC Gives A Clean Chit To PayPal In Its PYUSD Stablecoin Case, Details Inside

PayPal announced that the U.S. SEC has closed its inquiry into PayPal USD, its U.S. dollar stablecoin. The company revealed in a regulatory filing...

Trump’s WLFI Declares “Mission Accomplished” as USD1 Reaches 69th Place in Crypto Market Cap Ranking

World Liberty Financial Inc. (WLFI), a financial project affiliated with former U.S. President Donald Trump, has made waves in the crypto space after announcing...

Stablecoins Surge $4.78B in One Week, Total Market Value Nears $240 Billion

The market value of stablecoins as a whole has risen to around $240 billion, setting a new record for the asset class, according to...

Tether Co-founder Says US Dollar Will Face Rising Global Competition In Stablecoin Market Amid Trump Backing

Reeve Collins, co-founder of Tether, has warned that the US dollar's dominance in the stablecoin market is unlikely to remain unchallenged in the near...

Stripe Unveils First Stablecoin Product After $1.1B Bridge Acquisition

Stripe is rolling out a new stablecoin payments product by tapping into the technology of Bridge, the payments firm it bought for $1.1 billion...

Citigroup Predicts Stablecoin Market Could Surge to $3.7 Trillion In 5 Years

Citigroup has released a bold forecast regarding the future of stablecoins, suggesting that their total supply could skyrocket to $3.7 trillion by 2030 under...

Tether Freezes Over $28.7M in USDT on TRON Amid Illicit Activity Concerns

The USDT stablecoin's issuer, Tether, has frozen almost $28.67 million on 12 TRON blockchain addresses and an extra $99,630 on one Ethereum address. This...

PayPal Rolls Out 3.7% Returns for PYUSD Stablecoin Balances in the U.S.

PayPal is going to give its USD (PYUSD) stablecoin holders in the United States a 3.7% yearly return on their accounts. According to Bloomberg...

TRON’s USDT Supply Surpasses $70B, Justin Sun Attributes Success To Community Trust

TRON founder Justin Sun celebrated a major milestone on April 22, announcing that USDT issuance on the TRON blockchain has exceeded $70 billion. https://twitter.com/justinsuntron/status/1914943903163408450 Sun hailed...
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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...