Stablecoin News

Stablecoin’s Global Market Cap Crosses $300B, USDT And USDC Emerges As Leaders

The total market of stablecoins exceeds more than $300 billion, according to data from DeFiLlama. Tether is the lead with $176.25 billion and 58.44%...

SUI Group (Nasdaq:SUIG) To Launch Two Sui-Native Stablecoins, Aims To Boost On-Chain Liquidity

SUI Group Holdings Limited (Nasdaq: SUIG) announced plans to launch two stablecoins on the Sui blockchain. The move, made in partnership with Ethena and...

Visa Direct Launches Pilot Program Using USDC And EURC For Faster Global Payouts

Visa has launched a ground-breaking pilot project that uses stablecoins within its cross-border payments scheme, aiming to modernize the way money moves globally.  The Visa...

USDC Issuer Circle Eyes Fraud-Resistant Reversible Transactions, Sparks Centralisation Concerns

Circle, the issuer behind $74 billion in USDC, is weighing a way to allow refunds on some stablecoin payments, the company said in an...

Nine Big European Banks Get Ready To Back A Euro Stablecoin Under MiCA Guidelines

Nine major European banks, ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank and Raiffeisen Bank International, have teamed up to create a...

Circle Partners With Crossmint To Expand USDC Access Across Multiple Chains, Here’s All

Earlier today, Circle announced a partnership between its venture arm,Circle Ventures, and Crossmint, a crypto infrastructure company. The partnership is intended to bring USDC, Circle’s...

Tether’s Hiring Spree Continues, Taps Benjamin Habbel As Chief Business Officer

Tether, the most dominant and most leveraged stablecoin USDT, announced recently that it has named Benjamin Habbel as Chief Business Officer (CBO).   https://twitter.com/Tether_to/status/1970821805922201706 In this role,...

CFTC Moves Toward Allowing Stablecoins To Be Used As Collateral In Derivatives Markets

The Commodity Futures Trading Commission (CFTC) in the United States is proceeding with a monumental plan to allow tokenized assets, like stablecoins, as justifiable...

Stablecoin USDT Issuer Tether In Talks To Raise Up To $20B For 3% Stake, Valuation Near $500B, CEO Confirms

Tether, the firm behind the USDT stablecoin, is considering a major private fundraising effort, CEO Paolo Ardoino said. The company, based in El Salvador,...

Kaia And LINE NEXT Launch “Project Unify” Stablecoin Superapp

Kaia, a Layer 1 blockchain, and LINE NEXT, the Web3 arm of messaging firm LINE, said on Monday they will roll out Project Unify,...
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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...