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Stablecoin News

Stablecoin News

First Digital Trust Denies Insolvency After Refusing To Redeem TUSD’S $501M Reserve, Accuses Tron Founder Of False Claims

Justin Sun, the founder of TRON, has filed a lawsuit against Trust Digital in Hong Kong today because the firm is allegedly insolvent and...
Crypto Investment News

Tether to Acquire 30% Stake in Italian Media Company Be Water For $10.8M

The top stablecoin issuer, Tether, which has a market value of over $144 billion, is adding to its investment portfolio by paying $10.8 million...
Crypto News

Wyoming Eyes First Public Fiat-Backed Stablecoin, WYST Tested Across 7 Networks

Wyoming plans to launch its own cryptocurrency as early as July. This new token is backed by fiat currency and is fully reserved by...
Stablecoin News

USDC Stablecoin Supply Surpasses $60B Market Cap, Doubling Year-Over-Year As Stablecoin Market Hits $230B

USD Coin, often known as USDC, has climbed above 60 billion dollars in market capitalization, signaling a new era of growth for stablecoins.  On Wednesday,...
Crypto Investment News

Nasdaq-Listed Rumble Unveils Plan To Launch Rumble Crypto Wallet Backed By Tether

Nasdaq-listed video-sharing platform Rumble has unveiled its plan to introduce a cryptocurrency wallet, Rumble Wallet, in collaboration with Tether.  The announcement was made by Rumble...
News

Binance Co-founder CZ Says “The more the merrier” for Multiple Stablecoins Amid Trump’s WLFI USD1 Stablecoin Launch

Binance co-founder Changpeng “CZ” Zhao has voiced his support for the growing number of stablecoins in the cryptocurrency market, particularly in light of the...
Crypto News

Fidelity Plans To Launch Stablecoin As US Sees Ease In Crypto Regulations

Fidelity Investments announced earlier today, on 26th March, that it is launching a new stablecoin amid rising digital asset trends. According to a report...
Crypto Investment News

Custodia Bank and Vantage Bank Make History by Launching America’s First Bank-Issued Stablecoin on a Public Blockchain

In a groundbreaking development for the U.S. banking and cryptocurrency sectors, Custodia Bank and Vantage Bank have made history by issuing the first-ever bank-backed...
Crypto News

Circle To Launch USDC In Japan On March 26 Following SBI VC Trade’s Regulatory Approval

Circle will officially introduce its US dollar stablecoin in Japan on March 26, 2025. A local partner, SBI VC Trade, recently received regulatory approval...
Crypto Investment News

Tether (USDT) Expands Investment In Bitcoin Mining Firm Bitdeer Amid Ongoing Regulatory Pressure

Tether has grown its stake in Bitdeer. The issuer of the USDT stablecoin now holds 21% of the Singapore-based Bitcoin mining company.  Tether financed the...
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Fast Food Chain Steak ‘n Shake To Accept Bitcoin At All Locations, Details Inside

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Bybit Surpasses 70 Million Registered Users Globally With AI Integration Taking Center Stage

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Crypto Influencer James Wynn Amasses $39M In Floating Profits Via PEPE, TRUMP, BTC Trades on HyperLiquid

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Crypto veteran and influencer James Wynn, known by his...

Hyperliquid Sets Record $4.9B Open Interest Amid Derivatives Boom

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The decentralized exchange (DEX) Hyperliquid, which specializes in perpetual...
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