Stablecoin News

Federal Reserve Governor Waller Backs Stablecoins, Promotes Its Banks & Non-Banks Usage

Federal Reserve Governor Christopher Waller has expressed strong support for stablecoins, stating that they have the potential to "maintain and extend" the international dominance...

Stripe Completes Acquisition Of Bridge For $1.1 Billion, Marking A Major Crypto Comeback

Fintech giant Stripe has officially acquired Bridge, a startup specializing in stablecoin infrastructure, for $1.1 billion. This marks Stripe’s largest acquisition to date and...

Stablecoin Issuer Tether Announces AI SDK Platform To Push AI Applications

Tether, the company behind the USDT stablecoin, has announced the development of an open-source Artificial Intelligence (AI) Software Development Kit (SDK).  This new platform, built...

Cardano Founder Charles Hoskinson Criticizes Circle’s Monopoly On Stablecoin Market

Cardano founder Charles Hoskinson has once again voiced his concerns over the operations of Circle, the issuer of the USDC stablecoin, which he believes...

Crypto.com Delists Tether USDT, WBTC, DAI & Many More To Abide By MiCA Regulations

Crypto exchange Crypto.com has announced the suspension of Tether (USDT) and nine other cryptocurrencies in Europe, following the introduction of the Markets in Crypto-Assets...

TRON Targets Zero-Fee Stablecoin Transactions, Reports Good Performance for Q4 2024

The decentralized blockchain-based platform TRON has announced that it intends to provide a fee-free stablecoin coin transaction experience for its users. Justin Sun, the founder...

Coinbase CEO Says Tether Delist Will Happen If U.S. Regulation Calls Amid USDT Faces Delisting In Europe For MiCA

Brian Armstrong, CEO of Coinbase, has raised concerns over potential U.S. regulations for stablecoins, particularly regarding the requirement for issuers to fully back their...

Circle CEO Anticipates U.S. Executive Orders To Promote Crypto Adoption In Banking Sector

Jeremy Allaire, CEO of Circle, has voiced strong expectations that U.S. President Donald Trump will soon issue executive orders that could significantly reshape the...

Solana Network Sees Massive 7.11% Surge in Stablecoin Supply, Hits 2-Year High at $5.89B

Solana's blockchain has achieved a remarkable milestone in its stablecoin ecosystem, with the total supply reaching $5.89 billion, marking its highest level since September...

Ripple’s RLUSD Struggles Beneath 0.04% Of Stablecoin Market Share, Market Cap Hinges Below $75M

Ripple's USD stablecoin (RLUSD) has demonstrated notably underwhelming performance since its launch in mid-December 2023, struggling to establish a significant presence in the stablecoin...
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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...